402 Merchant, Emporia, KS 66801
402 Merchant, Emporia, KS 66801
402 Merchant, Emporia, KS 66801
402 Merchant, Emporia, KS 66801
402 Merchant, Emporia, KS 66801
402 Merchant, Emporia, KS 66801
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Listed by Ali Aceves • ALINEA Realty
$ 949,000
Est. payment | /mo

$ 949,000
Est. payment | /mo

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 245121

Year Built 1925

Annual Tax Amount $13,720

Lot Dimensions 15 X 130

Property Sub-Type Commercial

Source sunflower

Property Description

A prime opportunity to acquire a fully equipped, well-established dining venue located in the heart of Downtown Emporia, Kansas. This full-service restaurant occupies a highly visible corner located on Merchant Street, surrounded by active retail, residential neighborhoods, and foot traffic generated by the city's vibrant commercial district and nearby university. The property features a warm, inviting interior with traditional Mexican-style décor, a spacious main dining room, a fully equipped bar, and a functional kitchen designed for high-volume operations. In addition to the primary dining area, the property includes a dedicated banquet room ideal for private parties, celebrations, and corporate events, offering valuable additional revenue potential. A standout highlight of the property is its beautiful outdoor patio, providing an attractive open-air dining experience that enhances seasonal business and expands seating capacity. The sale includes all restaurant equipment, making this a true turnkey opportunity. Included in the offering are two 10×25 walk-in coolers, a small walk-in cooler dedicated to bar service, kitchen equipment, dishes, tables, and all operational equipment needed to start service immediately. This comprehensive package significantly reduces startup costs and allows for a seamless transition for new ownership. With a long history of strong community presence and consistently high customer satisfaction, this location demonstrates proven demand and a loyal customer base. Its strategic downtown position supports strong lunch, dinner, and weekend traffic. This property is ideal for restaurateurs, investors, or hospitality groups seeking a turnkey operation with established market momentum. Whether continuing a successful Mexican concept or introducing a new culinary vision, the combination of prime location, private event space, outdoor dining, and full equipment package makes this one of the most compelling restaurant offerings in central Kansas. Too much to list it all here so make your appointment to see it in person soon!

Location

State KS

County Lyon County

Zoning C-2 Commercial,I-1 Light

Direction From the corner of 6th Avenue and Merchant Street, go south on Merchant Street for two blocks. The property is located on the east side.

Rooms

Basement Slab

Interior

Heating Central Gas, Central

Flooring Concrete, Tile

Fireplace No

Exterior

Parking Features Parking Garage, On Street

Utilities Available Electricity Available, Natural Gas Available

Roof Type Composition

Building

Faces From the corner of 6th Avenue and Merchant Street, go south on Merchant Street for two blocks. The property is located on the east side.

Sewer Public Sewer

Others

Tax ID R12463

Virtual Tour https://youtu.be/PFFLYQD3OTo

Omar Martinez

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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402 Merchant