Carter Realty

402 Merchant, Emporia, KS 66801 (MLS # 245121)

Save to Favorites
Print
Share

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!

DAYS ON MARKET Login to view Days on Market LAST UPDATED 6/18/2026
YEAR BUILT 1925 COUNTY Lyon
STATUS Active PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
APPLIANCES Gas Water Heater
HEAT Central
INTERIOR Gas Hot Water Heater
LOT DIMENSIONS 15 X 130
PARKING On Street
SEWER Public Sewer
STORIES One, Two
TAXES 13720.68
UTILITIES Natural Gas Available, Electricity Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 402 MERCHANT
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Janet Carter to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by ALINEA Realty
MLSGrid Logo

Based on information submitted to the MLS GRID as of 8/26/26 10:18 AM PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.

This IDX solution is (c) Diverse Solutions 2026.