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23919898
23919920

301 S Summit, Arkansas City, KS 67005

CH
KS KS 00243554, OK 180768
EXP Realty LLC
Listed by EXP Realty LLC
$275,000
354 days on market
Updated 115 days ago

2 Buildings + Apartments - Turnkey Restaurant & Mixed-Use

Details
Property Type Mixed Use, Retail
Sub Type Restaurant, Storefront
Cap Rate 6.50%
Pro-Forma NOI $24,000
Year Built 1905
Acreage 0.150
Zoning Commercial
Ownership Individual

2 Buildings + Apartment - Restaurant & Mixed-Use

Marketing description

Step into a piece of Ark City history: a stately brick building whose soaring ceilings, expansive windows, and timeless architectural details create a refined yet welcoming ambiance.

Fully Equipped Restaurant

The main level is a true turnkey operation—complete with commercial ovens, burners, refrigeration, prep stations, and a full complement of tableware and furnishings—allowing you to launch service immediately. Whether you envision breakfast-to-lunch, lunch-and-dinner, a sports lounge, steakhouse, or craft brewery, this premier location near the college and business district is perfectly positioned to draw patrons day after day.

Versatile Adjacent Storefront

A second street-level suite—with open layout, service counter, and generous storage—invites you to create a boutique, gift shop, office, or studio that complements the restaurant and activates additional foot traffic.

Upstairs Income Potential

A private exterior entrance leads to two apartment units awaiting a stylish refresh:

• Unit A: 3 bedrooms | 1 bath | large living room | formal dining | kitchen

• Unit B: 1 bedroom | 1 bath | open-concept kitchen/dining/living

Update the spaces and capture attractive short-term rental or long-term lease revenue.

The property is offered in its present condition, and the seller is quietly motivated to facilitate a seamless transaction. No lease options or owner-carry financing.

Schedule your private tour today and discover how this distinguished landmark can elevate your business and investment ambitions.

Investment highlights

Step into a piece of Ark City history: a stately brick building whose soaring ceilings, expansive windows, and timeless architectural details create a refined yet welcoming ambiance.

Fully Equipped Restaurant

The main level is a true turnkey operation—complete with commercial ovens, burners, refrigeration, prep stations, and a full complement of tableware and furnishings—allowing you to launch service immediately. Whether you envision breakfast-to-lunch, lunch-and-dinner, a sports lounge, steakhouse, or craft brewery, this premier location near the college and business district is perfectly positioned to draw patrons day after day.

Versatile Adjacent Storefront

A second street-level suite—with open layout, service counter, and generous storage—invites you to create a boutique, gift shop, office, or studio that complements the restaurant and activates additional foot traffic.

Upstairs Income Potential

A private exterior entrance leads to two apartment units awaiting a stylish refresh:

• Unit A: 3 bedrooms | 1 bath | large living room | formal dining | kitchen

• Unit B: 1 bedroom | 1 bath | open-concept kitchen/dining/living

Update the spaces and capture attractive short-term rental or long-term lease revenue.

The property is offered in its present condition, and the seller is quietly motivated to facilitate a seamless transaction. No lease options or owner-carry financing.

Schedule your private tour today and discover how this distinguished landmark can elevate your business and investment ambitions.

Listing Contacts

CH
KS KS 00243554, OK 180768
EXP Realty LLC
Listed by EXP Realty LLC

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Additional Information

Name
Candace Hendricks
License
KS 00243554
Brokerage
Chasing Dreams Real Estate Brokered by eXp Realty
Title
Real Estate Agent
Brokerage Address
110 South Summit Street
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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