391 Main StLansing, KS 66043

Property Details for 391 Main St

Year built

2007

Construction

FRAME

Lot size

0.89 AC

Property size (Sq ft)

2,412 SF

Property type

Drive through restaurants

APN

106-24-0-10-07-078.63-0

APU

1062401007078630

Description

This vacant 2,412 square foot restaurant building is available for $110,000. Located at 391 N. Main St in Lansing, Kansas (zip code 66043), this property sits on a 0.92-acre lot. The building's previous tenant was a Burger King, featuring a convenient drive-thru. The property boasts a highly desirable location on a hard corner, providing excellent visibility and accessibility. High traffic counts ensure significant potential for any new restaurant concept. The property type is retail, specifically a restaurant, and the lease type is Absolute NNN. The building is currently vacant, presenting a unique opportunity for immediate occupancy. Its strategic placement within a thriving commercial area, surrounded by established national restaurant chains, guarantees a strong foundation for success. The property's size and features make it an ideal location for a variety of restaurant businesses seeking a high-traffic, easily accessible location in Lansing, Kansas. This is a turnkey opportunity for an entrepreneur looking to establish a successful restaurant venture in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $681,683

  6.5%

  $629,246

  7%

  $584,300

• Comparable approach

  Method

  Valuation

  Relative Method

  $434,776

  Geo Method

  $434,776

• Alternative Use

  Use

  Valuation

  Residential

  $530,793

  Hospitality

  $486,203

  Educational

  $404,515

  Medical

  $418,427

  Retail

  $629,246

Location Insight

City

Lansing

County

Leavenworth

State

Kansas

Latitude

39.2561

Longitude

-94.9007

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].