252A Z50, Fall River, KS 67047

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, October 27th, 2026 at 2:00 PM (ct) | BIDDING CLOSING: Wednesday, November 4th, 2026 at 2:00 PM (ct). Bidding will remain open on this property until 90 seconds have passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! LOCATION, LOCATION, LOCATION!!! FALL RIVER LAKE COMMERCIAL OPPORTUNITY!!! Bring your vision to this unique commercial property with endless possibilities for business, recreation, and more. Whether you're looking to continue its current uses or create something entirely your own, this property provides an exciting opportunity to establish a presence in the Fall River area. Property Overview: 1,780+/- sq. ft. commercial building Situated on 1+/- acre corner lot Just off of US-400 with close proximity to Fall River Lake Daily traffic count of 4,000+/- vehicles Large parking area to accommodate 10+ vehicles Located a little over an hour from Wichita Retail Space & Restaurant Currently used as a bait shop 15.1'x12.4' retail space located west of the bait shop Spacious restaurant accessible through the bait shop Commercial kitchen Booth seating, bar area, and additional tables Patio space located just off of the restaurant 2 restrooms Living Quarters/Additional Space Large 24'x20' room currently used as living quarters Potential storage for retail purposes or other flexible spaces Private bathroom with walk-in shower Dedicated laundry area Outdoor Rental Space 10-bay carport suitable for vehicles or boat storage 7 out of 10 are currently rented for $75/month Current total income of $525/month Whether you're looking to operate a lake-oriented business, expand an existing venture, or create a destination that combines commercial and recreational uses, this property offers a unique opportunity in a scenic Fall River Lake setting. The combination of restaurant space, bait shop, living quarters, and covered storage provides flexibility rarely found in one property. Don't miss this opportunity to own a versatile commercial property near Fall River Lake! *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, "as is where is" condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller's agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer's premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $10,000 earnest money for a 45-day closing. Personal property and business assets, including inventory and restaurant equipment, are not included with the real estate but are negotiable for purchase. Mildew and/or mold present in shower of living quarters. Pellet stove in living quarters does not remain.