Commercial Property for Sale in Hutchinson Kansas 67501
1111 N. Lorraine St, Hutchinson, Kansas 67501
$8,750,000
Listed Jan 21, 2026
Normal Sale
Property Status
Existing
Building Status
About this property
Commercial Property for Sale in Hutchinson Kansas 67501 is a lodging and hospitality for sale in Hutchinson, Kansas, listed at $8,750,000. Key details: property status Normal Sale, building status Existing. Listed by Brent Jaynes of Leisure Real Estate Advisors, LLC on LoopingCloud and last updated May 7, 2026.
Investment Opportunity: Top-Tier Hospitality Asset in Hutchinson, Kansas
This 89-room Fairfield Inn & Suites presents a rare opportunity to acquire a high-performing asset at a competitive valuation of less than $98,000 per key. The property is meticulously maintained, featuring an owner-led PIP refresh completed in 2022 and the grand opening of a sophisticated 15,000-square-foot Conference Center in October 2025. These capital improvements position the hotel to capture significant group and corporate business in the coming years.
Consistently ranked as one of the top two lodging facilities in Hutchinson, the hotel boasts a strong financial profile with impressive top-line revenue and net income. Its reputation is further solidified by excellent ratings across major third-party travel platforms. The property enjoys a premier, high-visibility location within the region’s primary retail corridor, ensuring a steady stream of organic traffic.
Market Dynamics and Demand Generators Located just 45 minutes from Wichita’s Dwight D. Eisenhower National Airport, Hutchinson serves as a vital hub for Reno County. The local economy is anchored by heavy-weight corporate entities including Kroger (Dillon’s), Tyson, and Cargill Salt, providing a reliable base of corporate room nights. Tourism remains a significant driver, with the Kansas Cosmosphere, Strataca (the Kansas Underground Salt Museum), the Kansas State Fair, and the NJCAA National Basketball Tournament drawing visitors year-round.
Future Growth and Development The investment is bolstered by aggressive local revitalization efforts. Hutchinson has secured STAR Bonds for downtown redevelopment, including enhancements to Memorial Hall and the Landmark Building. Furthermore, a proposed $450 million state-of-the-art correctional facility is currently before the 2025 legislative session. If approved, this massive infrastructure project will replace the aging facility and provide a substantial long-term boost to local economic activity and hospitality demand.
Key highlights
- Price Per Key 98,314
- Revenue Call or email for CA
- *****Hotel Description*****
- Refresh PIP completed in 2022
- $880K in TTM cash flow
- A new 15-year license will be available
- Manageable Relicensing PIP (available)
- *****Notable Area Businesses *****
- Hutchinson Regional Healthcare
- Dillon’s
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $8,750,000 | - | - | - | - |
Features and amenities
Property Features
- Price Per Key: 98,314
- Property Type: Limited service - upper midscale
- Revenue: Call or email for CA
- *****Hotel Description*****
- Premium Brand, now offered at $98K per key, 40% less than a new build
- Refresh PIP completed in 2022
- Attractive top line revenue, nearly $2.4M
- $880K in TTM cash flow
- Compelling cash flow including management fee
- 4 floors, interior corridor, Assorted suites, including separate sleeping areas
- Microwave and mini-fridge, all rooms, Sundry shop & guest laundry
- Fitness center, Business center, Indoor pool & spa, 100% non-smoking
- Well rated on travel sites, Marriott Inn & Suites prototype
- A very good hospitality town, due to the corporate activity and major demand generators like the Cosmosphere, the Kansas State Fair and the National Junior College basketball tournament
- Only 45 minutes to the Eisenhower National Airport in Wichita
- A new 15-year license will be available
- Manageable Relicensing PIP (available)
Highlights
- *****Notable Area Businesses:*****
- Hutchinson Regional Healthcare
- Dillon’s
- Tyson
- Siemens Wind Power
- Lowen Corporation
- Collins Bus Corporation
- Hutchinson Correctional Facility (The State of KS has plans to replace with the existing facility with a new $450M facility)
- *****Local Demand Generators: *****
- Cosmosphere – a nationally recognized space museum and one of the most complete in the country
- Strataca – formerly the Kansas Underground Salt Museum, Carey Salt
- National Junior College basketball tournament (draws attendees from all over the country)
- Annual Kansas State Fair (attracts 350,000 annually)
- Downtown Hutch Redevelopment
- A new 14,500 square foot conference center is scheduled to open this summer which could increase the meeting and convention business dramatically.
Location
Address as shown by the lister.
Get directionsAbout this area - Hutchinson
- Population
- 27,875
- Housing units
- 11,874
- Land area
- 183.5 sq mi
- County
- Reno
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Commercial Property for Sale in Hutchinson Kansas 67501?
Commercial Property for Sale in Hutchinson Kansas 67501 is listed at $8,750,000.
Where is Commercial Property for Sale in Hutchinson Kansas 67501 located?
The property is in 1111 N. Lorraine St, Hutchinson, Kansas 67501, Reno County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Brent Jaynes of Leisure Real Estate Advisors, LLC listed this property. Use the Request Info button to send a message or call (913) 499-4731.
When was this listing published?
It was published on January 21, 2026 and last updated on May 7, 2026.
Listing information
- Listing ID
- CL-Kansas-27292
- Published
- Jan 21, 2026
- Last updated
- May 7, 2026
- Views
- 163
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