For sale

$75,000

1,224 SF building0.48 acre lotBuilt 1950

116 5thLincoln, KS 67455

Retail property (from the listing description) · Restaurant premises, Storefront · MLS 11666849 · Listed 245 days ago (Mar 4, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Unlock the potential of this prime commercial property located in the heart of Lincoln, Kansas! Previously a thriving restaurant, this versatile space is now available for purchase, offering endless possibilities for entrepreneurs and investors alike. With a spacious layout and a welcoming atmosphere, this former dining establishment is perfect for reopening as a restaurant, café, or bistro. The property features ample seating room for patrons, and a charming interior that's ready to be revitalized. Imagine the aroma of freshly prepared meals wafting through the air as you serve the community with your culinary creations! However, the potential of this property extends far beyond the food industry. The generous square footage and flexible design make it suitable for a variety of uses. Consider transforming it into a vibrant community center, a trendy retail space, or even an inviting event venue for weddings, parties, and corporate gatherings. The choice is yours! This property benefits from excellent visibility and accessibility. With ample parking available, your customers will appreciate the convenience as they visit your establishment. Key Features: - Prime location in Lincoln, KS - Spacious layout with potential for multiple uses - Commercial kitchen area - Ample seating and inviting interior - High visibility and easy access - Generous parking space Take advantage of this rare opportunity to establish your business in a community that supports local enterprises. The possibilities are limitless, and the community is eager for new dining options and services. Don't miss your chance to make your mark in Lincoln! Whether you're looking to reopen a restaurant or seeking a unique space for your next venture, this former restaurant is ready for your vision. Contact us today to schedule a viewing and explore the potential of this fantastic property!

Description provided by the listing brokerage.

Key facts

Asking price
$75,000
Status
For sale
Property type
RetailFrom the listing description
Building area
1,224 SFSource field AboveGradeFinishedArea
Land area
0.48 acresSource field LotSizeSquareFeet
Year built
1950
MLS number
11666849

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

Asking price
$75,000
Price per SF of building
$61/SFAsking price ÷ 1,224 SF reported building area
Annual taxes
$4,727Tax year 2025

Building and site

County
Lincoln County

Reported features

  • Natural gas (from a listing field)
  • Parking reported (from the description)“…ility and accessibility. with ample parking available, your customers wil…”

A mention is not a specification. Confirm power, clear height, doors, parking and code compliance for your use with the listing representative and your own advisers.

Listing details

Heating

  • Forced Air
  • Gas

Roof

  • Asphalt

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Lincoln or retail property in Lincoln.

Why this listing is on Commercial Only

  • Property type as the listing describes it. (description: "…ceptional opportunity: versatile former restaurant space in li")
  • MLS property class detail. (PropertyTypeDetail: comm-building)

How listings qualify. Something wrong? Report it.

Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of IDEAL REAL ESTATE. Listing agent: Joni Glaser. Listings provided by MyStateMLS.

    Listing last modified at the source Mar 6, 2026, 9:35 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 7:30 PM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.