Listing provided courtesy of ALINEA RealtyMLS# 245121MLS Provider
  • 11 days on site
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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!

Source: Sunflower MLS, MLS#: 245121

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  • Property Type
    Commercial Sale

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 402 Merchant


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: Sunflower MLS Added to Database
June 18, 2026