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Multi-Suite Flex Building
For Sale
$215,000

1021 S Main St, McPherson, KS 67460

Commercial Sale, McPherson, KS

Property SizeContact for details
Days on Market87

Property Features for 1021 S Main St

General Information

Property type Commercial Sale
Property subtype Office
Parking features Parking Lot, On Street
Basement Concrete
Lot features Commercial/ Other
Elementary school district McPherson
Standard status Active
APN 0591383302012007

Taxes and HOA fees

Tax Annual Amount 3929

Building Details

Year built 1940
Flooring type Laminate, Carpet
Building materials Block, Frame
Roof type Flat
Listing Agency: Central Kansas Realty
Listed By: Mari Loder · License #KS00238427
Added: Jul 1 Changed: Sep 21 Last Checked: Sep 25 at 5:06AM
MLS# 55027

Copyright © 2026 Mid-Kansas MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property combines customer-facing space with substantial back-of-house capacity. The front portion contains two separately entered retail or office suites, each equipped with a restroom and its own HVAC system. One restroom is handicap accessible. The warehouse component provides three overhead doors, while the third bay is divided from the other two and has independent utility metering. Four electrical meters, three gas meters, and one water meter support the building’s multi-occupant configuration.

The property is positioned on S Main St in McPherson and includes both a parking lot and on-street parking. Originally built in 1940, the building features block and frame construction, a flat roof, and a mix of laminate and carpet flooring. Its combination of office, retail, and warehouse areas provides a range of functional layouts within one commercial asset.

Key Highlights

  • Two separately entered retail or office suites with dedicated HVAC systems
  • Warehouse area includes 3 overhead doors
  • Third warehouse bay is separated and has its own utility metering

Property Analytics

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Current Use

Stull Gallery & Auction, ... Trade Show Venue

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Locksmith Carpet & Flooring Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

151
Businesses Nearby
Under-served
Demand for This Use

Demographics for 67460, KS

16,113
Population
7,097
Households
2.3
Avg Household Size
38
Median Age
36%
College-Educated
95%
High-School Grad
227.2 sq mi
ZIP Area
71
Density / Sq Mi
$80,091
Median Household Income
$41,011
Median Earnings
$912
Median Rent
$211,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building combines independent storefront suites with warehouse capacity and separate utility arrangements.
Where is this flex space located?
The property is located at 1021 S Main St McPherson, KS.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two separately entered retail or office suites with dedicated HVAC systems; Warehouse area includes 3 overhead doors; Third warehouse bay is separated and has its own utility metering
More about this property
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