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Property profile & analytics
OFF-MARKET
Drive through restaurants

403 Main St Sedan, KS 67361-1529

1,326 SF 0.53 ac lot Built 1998
Entity Owned Absentee Owner Free & Clear
Property ID
US33-1248312
Property summary
AI-generated overview

Prime investment opportunity in Sedan, Kansas! This property boasts a 1,326 square foot restaurant building featuring an indoor dining area, drive-thru window, pizza oven, walk-in refrigerator, coolers, two restrooms, and an office – essentially a turnkey operation. The restaurant is complemented by thirteen 10x14 foot storage units, generating additional rental income. Located on Main Street, the property offers excellent visibility and accessibility. A substantial paved parking lot provides ample space for 24 vehicles. The 1.69-acre lot provides room for expansion or future development. This combined restaurant and storage facility presents a unique opportunity for a savvy investor seeking a diversified income stream in a thriving Kansas community. The existing infrastructure and equipment minimize upfront investment, allowing for a quick return on capital. The property's location on Main Street ensures high traffic visibility, attracting both restaurant patrons and storage unit renters. This is a rare chance to acquire a well-established business with significant growth potential. The combination of a functional restaurant and income-producing storage units makes this a truly compelling investment proposition.

Property profile
Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1998
Total area 1,326 SF
Lot 0.53 ac (23,250 SF)
APN 152-03-0-20-01-001.00-0
UPID US33-1248312
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
FUGATE, J LARRY TRUSTUST PIZZA HUT SEDAN #264 FG
FUGATE, J LARRY TRUSTUST PIZZA HUT SEDAN #264 FG
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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