301 S Summit St new to site

Arkansas City,KS 67005

$ 275000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID SCK655812

Year Built 1905

Annual Tax Amount $3,660

Tax Year 2024

Lot Size 6,534 Sqft

Property Description

Historic Landmark | Turnkey Restaurant & Mixed-Use Opportunity in the Heart of Downtown 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.

Location

State KS

County Cowley

Area 8796

Zoning General Comm

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet,Tile

Exterior

Garage Description On Street,Paved

Utilities Available Natural Gas Available,Electricity Available

View Y/N Yes

Roof Type Flat

Building

Story 2

Structure Type Brick

Others

Acceptable Financing No Lease

Listing Terms No Lease

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