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Heather Stewart

[email protected] +1(316) 204-3645

Listed by Dave Brown • Berkshire Hathaway PenFed Realty

Est. payment -/mo

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Price Dropped by $350K

822 S Broadway Ave Wichita, KS 67211

0.44 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Orme & Philips

MLS Listing ID SCK660653

Year Built 1983

Annual Tax Amount $8,651

Tax Year 2024

Lot Size 0.440 Acres

Acres 0.44

Source sckansas

Land Area 4088

Property Description

LIVE ONSITE & ONLINE AUCTION: Prime Turnkey Restaurant Opportunity – Selling February 7th! Seize this exceptional opportunity to acquire a high-visibility commercial asset via LIVE AUCTION on Saturday, February 7th, 2026 at 2:00 PM CST. Pre-bidding is available online starting January 31st at 2:00 PM CST. The former home of Tom's Lotus Garden (4,088 SF freestanding building + 1,140 SF basement) is strategically located just minutes from Wichita's burgeoning downtown core. Capitalize immediately on the massive growth driven by the nearby Wichita Biomedical Campus and the Kansas College of Osteopathic Medicine (KansasCOM). Property Highlights: Turnkey Ready: Sale includes all Furniture, Fixtures, and Equipment (FF&E). Perfect for immediate re-opening or concept pivot. Strategic Location: Positioned for high traffic and future growth in a redevelopment-heavy corridor. Solid Infrastructure: Durable concrete block and attractive brick veneer. Expansion Potential: Valuable 1,140 SF storage basement. --- AUCTION TERMS & CONDITIONS SUMMARY --- Auction Date: Saturday, February 7, 2026, at 2:00 PM CST (Live Onsite & Online). Pre-Bidding: Starts Saturday, January 31, 2026, at 2:00 PM CST. Buyer's Premium: A 10% Buyer's Premium will be added to the final winning bid to determine the final contract price. Deposit: A non-refundable deposit of $5,000 is due the day of auction upon execution of the purchase agreement. Sale Type: Reserve Auction. The property is being sold "AS-IS, WHERE-IS" and without warranty or guarantee. Bidding is NOT Contingent: Bidding is not contingent on financing, inspections, or appraisals. Buyers are responsible for completing all due diligence PRIOR to bidding. Closing: Closing within 30 days. INVESTORS, RESTAURATEURS, AND DEVELOPERS: Don't miss the chance to secure this property on your terms. Contact us today for a full Bidder's Package and inspection schedule!

Location

State KS

County Sedgwick

Area 4088

Zoning Limited Comm

Direction From E Kellogg/US 54/US 400 and Broadway, go south to address, property on the east side of Broadway.

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Electric

Flooring Carpet, Tile

Fireplace No

Heat Source Forced Air, Natural Gas

Exterior

Garage Description Parking Lot

Utilities Available Natural Gas Available, Electricity Available

View Y/N Yes

Roof Type Flat,Other

Present Use Restaurant

Street Surface City Arterial

Building

Story 1

Structure Type Block,Other

Others

Miscellaneous Other/See Remarks

Acceptable Financing Other - See Remarks

Listing Terms Other - See Remarks

Heather Stewart

Agent | License ID: SP00049463

+1(316) 204-3645

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Wichita, KS

Heather Stewart

822 S Broadway Ave Wichita, KS 67211

Key Details

Location

Interior

Exterior

Building

Others

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822 S Broadway Ave

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