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Rack House 3801 S Santa Fe Ave 4,992 SF Retail Building Chanute, KS 66720 $289,000 ($57.89/SF)



Investment Highlights
- Fantastic Investment Opportunity
- Equipment included
- Great Location
Executive Summary
Long-time Bar / Tavern/ Billiard hall location is ready for a new owner. Formerly know as "The Rack House", "The Golden Knight", "Ricky D's", and "Gators" this location has been a popular HOT SPOT since the 1980's. The location is currently not open, but all the equipment, furniture and pool tables are included in the sale price. Chanute does not currently have a true "bar" that stays open late and has entertainment for the young people in town so this offers an opportunity for potential buyers. Obviously there are many other uses for this great building and if you don't need the bar equipment the owners would sell it without.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bar
Building Size
4,992 SF
Building Class
C
Year Built
1982
Price
$289,000
Price Per SF
$57.89
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Nearby Major Retailers
Property Taxes
| Parcel Number | 073-05-0-00-01-022.00-0 | Improvements Assessment | $23,285 |
| Land Assessment | $3,240 | Total Assessment | $26,525 |
Property Taxes
Parcel Number
073-05-0-00-01-022.00-0
Land Assessment
$3,240
Improvements Assessment
$23,285
Total Assessment
$26,525
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Rack House | 3801 S Santa Fe Ave
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