Listing provided courtesy of Berkshire Hathaway PenFed RealtyMLS# 669169MLS Provider
  • 116 days on site
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Historic Main Street Norwich investment! Two buildings, five suites, two operating businesses included (restaurant + town’s only grocery store), plus rental income from additional tenants and one vacancy for upside. FF&E included (market inventory sold separately.) Turnkey opportunity with management in place. Exceptional investment opportunity in the heart of downtown Norwich, KS. This offer includes two historic main street buildings comprised of five total suites. The property features a fully operational restaurant and Norwich Fresh Market — the only grocery store in town — both included in the sale with furniture, fixtures, and equipment. Inventory for the market (valued at $55,000) is excluded from the purchase price. Additional income-producing suites include Brickhouse Design and Pink Armadillo Hair Salon, along with one vacant suite offering upside potential. Businesses are fully staffed with management in place, creating a rare turnkey opportunity with immediate cash flow and rental income.

Source: Wichita MLS, MLS#: 669169

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  • Property Type
    Commercial Sale
  • Lot
    7.00 acres

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Melanie Jacobs McGraw

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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 242 S Main St


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
6/22/2026Source: Wichita MLS Price Reduction
$350,000 -12.3%
4/28/2026Source: Wichita MLS Price Reduction
$399,000 -11.3%
3/5/2026Source: Wichita MLS Added to Database
March 05, 2026