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TPO-Roof Commercial Building
For Sale
$155,000

224 N Main St, McPherson, KS 67460

SINGLE_FAMILY - McPherson, KS

Property SizeContact for details
Lot Size0.08 Acres
Days on Market69

Property Features for 224 N Main St

General Information

Property type Residential
Property subtype Retail
Parking features On Street
Basement Partial
Lot features Corner Lot, Retail
Elementary school district McPherson
Subdivision McPherson city NE
Standard status Active
APN 059-138-28-0-20-28-003.00-0
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description MCPHERSON O.T.S., S28, T19, R03, BLOCK 54, Lot 18
Tax Annual Amount 5437
Legal Description MCPHERSON O.T.S., S28, T19, R03, BLOCK 54, Lot 18

Utilities

Utilities Water Available

Building Details

Year built 1900
Flooring type Wood
Building materials Brick, Stucco
Roof type Flat
Listing Agency: Four Seasons Realtors
Listed By: Jeff Odermann · License #SP00232401
Added: Jun 3 Changed: Jun 4 Last Checked: Aug 10 at 12:06PM
MLS# 54858

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 for-sale commercial building is being offered as a building-only sale, with existing leases in place tied to space at 224 N Main and 110 E Euclid. Recent improvements include installation of a new water line between the meter and the building, completed in 2021, and repairs to the north exterior parapet wall, which was rebuilt and painted. In 2022, the building received a complete new TPO roof system.

The property is located in downtown McPherson, Kansas, with referenced leased areas on two addresses as part of the current arrangement. The sale terms indicate the leased commercial spaces remain in place, supporting continuity for an owner purchasing the structure.

For tenants, this setup may be attractive for businesses seeking an established, leased building environment. For buyers, the building-only offering can simplify acquisition by focusing on the structure while leases continue to cover the approximately 2,500 sq ft at 224 N Main and approximately 1,000 sq ft at 110 E Euclid, based on the provided listing remarks. Prospective investors and owner-users should review the existing lease details and the specific leased premises tied to each address as part of their due diligence.

Key Highlights

  • Commercial building (sale includes building only) with existing leases for ~2,500 SF at 224 N Main and ~1,000 SF at 110 E Euclid
  • New TPO roof system installed in 2022
  • In 2021: new water line added between the meter and the building

Property Analytics

Current Use

L&LAdvisors - Jana McKinney Insurance Agency China Star Restaurant Restaurant China Star sushi ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Hair Salon HVAC Service Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

737
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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Commercial building with recent water-line work and a newly installed TPO roof system.
Where is this conventional restaurant located?
The property is located at 224 N Main St McPherson, KS.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Commercial building (sale includes building only) with existing leases for ~2,500 SF at 224 N Main and ~1,000 SF at 110 E Euclid; New TPO roof system installed in 2022; In 2021: new water line added between the meter and the building
More about this property
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