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Property profile & analytics
OFF-MARKET
Office Spaces

1701 Main St Ottawa, KS 66067

2.19 ac lot Built 1940
Property ID
US33-0063312
Property summary
AI-generated overview

This exceptional commercial property, located at 1701 S Main Street in Ottawa, Kansas, presents a compelling investment opportunity. The 2.19-acre lot houses a recently updated office building currently leased to a thriving donut shop. This long-term lease, commencing February 15th, 2023, ensures a stable income stream for the next five years. The building's recent renovations contribute to its attractive condition and appeal to tenants. The property's strategic location in Ottawa offers excellent visibility and accessibility, making it an ideal investment for those seeking a reliable and profitable venture in the Kansas commercial real estate market. The asking price of $800,000 reflects the property's strong potential for return on investment, given the existing lease and the building's updated condition. This is a turnkey opportunity to acquire a well-maintained commercial property with a secure, long-term tenant in place. The substantial lot size also offers potential for future expansion or development, adding further value to this already attractive investment. Serious inquiries are encouraged to explore this promising opportunity further. Detailed financial information and lease agreements are available upon request.

Property profile
Verified
Property type Office Spaces
Year built 1940
Lot 2.19 ac (95,396 SF)
UPID US33-0063312
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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