301 S Broadway St - Freestanding FOR SALE


Pittsburg, KS 66762
$1,250,000 USD
417-529-9871
301 S Broadway St, Pittsburg, KS for Sale
$1,250,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

301 S Broadway St
Pittsburg, KS 66762


HIGHLIGHTS

  • Part of the Pittsburg KS downtown district which has seen significant investment in by the local university
  • Pittsburg is located in SE KS and is a major hub for the region, a new hospital will be built in the area which will bring more jobs and demand.
  • One of the newest building in the market with a great feel, great outside space and built to offer unlimited opportunities!!

OVERVIEW

The Jolly Fox building is offered for sale by its current owners. Most recently, the property operated as a brewery and taproom restaurant before closing in early 2023, as the ownership decided to pursue other interests. Built in 2019 at an approximate cost of $1.6 million, the building was last appraised at around $1.4 million. It is now offered for sale at $1,250,000 without the brewery equipment. However, the brewing setup can be purchased in turnkey condition for an additional $250,000. The owners are also willing to remove the brewery equipment for buyers who are not interested in continuing brewery operations. The restaurant space remains fully furnished, and all kitchen and bar equipment will stay with the building, making this a move-in-ready opportunity for a new operator. Located in the heart of downtown Pittsburg, Kansas, The Jolly Fox benefits from a prime position within the community. Pittsburg State University, a key economic engine for the region, is nearby and has significantly expanded its downtown footprint in recent years. The university has relocated some of its graduate school operations and housing downtown, all within walking distance of the building, providing a steady flow of potential customers and long-term value for businesses in the area. The building features an overhead door at the rear, ideal for deliveries and operational convenience. Additionally, there are two roll-up doors at the front that serve as stylish, functional elements, enhancing the building’s curb appeal and supporting an indoor-outdoor dining experience. There is also outdoor seating available, which is a valuable amenity for any restaurant or taproom concept. Currently set up for brewery and taproom use, the space offers flexibility for a wide range of business concepts. It could be easily reimagined as a full-service restaurant and event center, taking advantage of the open space where the brewery tanks currently sit. Other potential uses include a golf simulator venue or other experiential retail or entertainment concepts. The opportunities are truly endless for this distinctive and well-located property—one of the most unique buildings in Pittsburg. Included below is the most recent strategic development plan for downtown Pittsburg, which highlights the city’s continued investment in its urban core and the positive outlook for new service businesses entering the market.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$265 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.41 AC

LAND SF

17,999 SF

ZONING

Commercial

APN/PARCEL ID

209-29-0-20-21-006.00-0

ASK ABOUT THIS PROPERTY

Brandon DavisJolly Fox BreweryMore Info
417-529-9871

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Brandon DavisJolly Fox BreweryMore Info
417-529-9871

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.