Restaurant Building with Highway Visibility

Retail-Commercial for Sale
Catylist Listing ID: 30713593
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 2,107 SF
Gross Land Area: 29,753 SF
Sale Price: $399,000
Unit Price: $189.37 PSF
Property Use Type: Vacant/Owner-User
Building Name: Former Huddle House
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/25/2021

Overview / Comments

- Location: east edge of Newton, sits just to the east of I-135

- 2020 Taxes: $13,230.87

- 35 parking stalls

- Highlights: highly visible location, neighboring properties create traffic, ability to feed off I-135 north and south, 25,300 VPD on I-135, lots of parking, ability to add drive-thru if desired

- Area Neighbors: Holiday Inn Express & Suites, Meridian Conference Center, Applebee’s Bar & Grill, Newton Presbyterian Manor and many more!

- Interior: currently set up as a restaurant, front of house seating area,
central grill, fryer and service stations, prep kitchen and dishwashing station in back as well as walk-in coolers

- Property Description: former Huddle House restaurant, sits along I-135 with great visibility to signage and building. Plug and play for a casual, quick-serve restaurant or bar user. Potential to repurpose for office or medical user desiring high visibility and convenient access.

Additional Details

Nearest MSA: Wichita
County: Harvey
Tax ID/APN: 0400951601022006080
Retail Clientele: General, Family
Property Visibility: Excellent
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 2011
Parking Type: Surface

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 3,397 18,556 23,627
Median Age: 35.35 38.52 38.58
Households: 1,376 7,414 9,327
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