2334 Princeton St Ottawa, KS 66067
- Warehouses
- 3,400 SF
- 0.50 lot acres
Current Use by Public Records
- H&R Block / Tax Preparation Service / Tax Consultant
Property Details for 2334 Princeton St
- Year built
- 1970
- Construction
- FRAME
- Lot size
- 0.50 lot acres
- Property size
- 3,400 SF
- Zone code
- C2
- Property type
- Warehouses
- APN
- 136-14-0-00-01-001.04-0
- APU
- 1361400001001040
Description
This exceptional investment opportunity presents a free-standing retail building situated at 2334 S Princeton Street in Ottawa, Kansas. Boasting a highly desirable location on Princeton Street, the property benefits from exceptional visibility and convenient access to major thoroughfares, including Interstate 35 and Route 59. The 0.5-acre lot is situated within a thriving retail corridor, surrounded by a mix of established businesses, including big-box retailers, fast-food restaurants, and hotels, ensuring high traffic volume and strong consumer presence. The building is currently leased to a national tax preparation company under a long-term, absolute triple-net (NNN) lease, minimizing landlord responsibilities and maximizing passive income potential. This NNN lease structure shifts responsibility for property taxes, insurance, and maintenance to the tenant, providing a predictable and low-maintenance investment. The tenant's established national presence and long-term lease commitment offer significant stability and security for investors. This turnkey investment is ideal for those seeking a low-management, high-return opportunity in a prime retail location. The asking price is $450,000. Further details are available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ottawa
- County
- Franklin
- State
- Kansas
- Longitude
- -95.2682
- Latitude
- 38.5782
- CBSA code
- 36840
- CBSA name
- OTTAWA, KS MICROPOLITAN STATISTICAL AREA