Motel with
New
For Sale
$643,000
111 S Roosevelt St, McPherson, KS 67460
Commercial Sale, McPherson, KS
Property SizeContact for details
Lot Size2.18 Acres
Days on Market2
Property Features for 111 S Roosevelt St
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
55
Parking features
Parking Lot
Lot features
Irregular
Elementary school district
McPherson
Directions
Located at the corner of West Kansas Avenue and Old 81 Hwy in McPherson Kansas.
Subdivision
McPherson city SW
Standard status
Active
APN
0591392903003004000
Lot size
2.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
DELMORE ADDITION, S29, T19, R03, Lot 18-20
Tax Annual Amount
8488
Legal Description
DELMORE ADDITION, S29, T19, R03, Lot 18-20
Utilities
Utilities
Cable Available
Building Details
Year built
1958
Flooring type
Laminate, Carpet
Building materials
Brick, Wood Siding
Roof type
Composition
Listing Agency:
Sheets - Adams, Realtors
(620) 241-3648
Listed By:
Steve Potter · License #SP00222132
(620) 245-5736
Added: Oct 1
Last Checked: Oct 2 at 11:06AM
MLS# 55605
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.
The property spans 2.18 acres and brings motel rooms and apartments together on a corner parcel. Of the 50 motel rooms, 33 are currently usable and 17 require renovation. Eight apartments are also available for use, and the main office includes living quarters for a motel manager. The buildings date to 1958 and feature brick and wood siding, with a parking lot on site.
The property is on the west side of McPherson, near dining, convenience retail, liquor retail, and shopping. Its corner location places it at an intersection.
The property is on the west side of McPherson, near dining, convenience retail, liquor retail, and shopping. Its corner location places it at an intersection.
Key Highlights
- 2.18‑acre corner property with motel and apartment accommodations
- 33 motel rooms currently usable; 17 additional rooms need renovation
- Eight apartments available for use
Property Analytics
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Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
167
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Similar Off Market Nearby
- Wheat-State Motel — W Kansas Ave, McPherson, KS 67460
Frequently Asked Questions
What type of property is this?
Motel - Manager living quarters are incorporated into the main office, alongside separate apartment accommodations.
Where is this motel located?
The property is located at 111 S Roosevelt St McPherson, KS.
What is the asking price?
The asking price for this property is $643,000.
What are key features of this property?
This property features: 2.18‑acre corner property with motel and apartment accommodations; 33 motel rooms currently usable; 17 additional rooms need renovation; Eight apartments available for use
