27 Main StChanute, KS 66720

For Sale
$299,000

Established eatery, loyal clientele, profitable.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional opportunity presents the chance to acquire a well-established and profitable restaurant located in the heart of downtown Chanute, Kansas. The Little China Restaurant, a beloved local landmark, has been continuously operating since 1988, with the current owners ensuring its success since 2011. This turnkey operation includes the building, the thriving business, all fixtures, furniture, equipment, and inventory. The restaurant boasts a classic Chinese menu, featuring three large hot food bars and a salad bar, serving both lunch and dinner, with menu service available throughout the day. The restaurant's consistent profitability has supported two families over the years, testament to its strong reputation and loyal customer base. The 3,375 square foot building, situated on a 3,375 square foot lot, has undergone significant recent improvements. These include a new roof (installed in 2022 following storm damage), a new sewer line (2020), and a brand-new HVAC system (December 2023). The asking price is $299,000, representing a price per square foot of $88.59. This is a rare chance to inherit a thriving business with a rich history and a secure future, ready for a new family to continue its legacy. Showings are by appointment only. The property is a Class C building constructed in 1910.

Highlights

  • $299,000 asking price for this established Chanute, KS restaurant.
  • 3,375 square foot restaurant building on a 3,375 square foot lot.
  • Class C, owner-user investment opportunity.
  • Includes building, business, fixtures, furniture, equipment, and inventory.
  • Recently updated with a new roof (2022), sewer line (2020), and HVAC system (2023).

Property Details for 27 Main St

Property type
Other retail properties, Restaurants
Square Feet
3,375 SF
Class
C
Year Built
1910
Buildings
1
Units
1

Location Insight

City
Chanute
County
Neosho
State
Kansas
Latitude
37.6814715
Longitude
-95.4536994
27 Main St, Chanute, Kansas

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].
27 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message