1701 Main St Ottawa, KS 66067
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.