Restaurant w/ Drive-Thru - CrossGate District!

Retail-Commercial for Sale
Catylist Listing ID: 30598574
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 4,764 SF
Gross Building Area: See Agent
Gross Land Area: 0.67 Acres
Sale Price: $850,000
Unit Price: $178.42 PSF
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/14/2020

Overview / Comments

Restaurant with Drive-Thru located in a high traffic area in the CrossGate District of Wichita. Significant development occurring at this intersection of 47th St S/Broadway. Good opportunity to take on this property and expand your restaurant business in an area going under tremendous redevelopment and revitalization! High traffic counts and located just off I-135 & KS Turnpike. Property is being sold in its "As-is, Where-is" condition. All information contained herein is thought to be correct, but is not guaranteed.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087214200110100200C
Zoning: LC
Retail Clientele: General, Business
Property Located Between: 47th St S/S Broadway
Property Visibility: Good
Largest Nearby Street: 47th/Broadway
Highway Access: I-135, I-35 and I-235
Property Condition: Fair
Year Built: 1999
Roof Type: Flat
Construction/Siding: Stucco
Total Parking Spaces: 39
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: LC
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOT 4 BLOCK A BROADWAY 47 PLAZA 2ND. ADD.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,166 66,360 153,640
Median Age: 34.38 32.37 32.8
Households: 3,104 24,969 59,980

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