Search
Renovated Boutique Hotel
For Sale
Contact for pricing

115 N Third, Marion, KS 66861

Historic limestone lodging property with guest rooms, event space, wellness amenities, and an on-site restaurant.

Property SizeContact for details
Days on Market143

Property Features for 115 N Third

General Information

Standard status Active
Property subtype Special Purpose, Business for Sale

Financials

Asking Price $785,000
Business Included Yes

Amenities

Victorian ballroom
conference room
outdoor balcony
fitness center
restaurant

Building Details

Buildings 1
Construction limestone
Listing Agency: Winn Enterprises LLC
Listed By: April Winn-Patrick · License #KS 00052537
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Winn Enterprises LLC

Investment Insights

Based on property information with market context.

This 19th-century limestone hotel in Marion, Kansas, has been fully renovated while retaining its 1880s styling and architectural character. The property includes 13 guest rooms along with a Victorian ballroom, conference room, outdoor balcony, fitness center, and restaurant.

Set in the Flint Hills of Kansas, the hotel combines lodging, event, dining, and meeting facilities within one historic property. The owner would consider a sale-leaseback structure.

Key Highlights

  • 13 guest rooms in a fully renovated hotel
  • 19th‑century limestone construction
  • Victorian ballroom and conference room

Property Analytics

Current Use

Historic Elgin Hotel Restaurant Parlour 1886 Restaurant

Suggested Use

Top Pick Building Supply Dental Office HVAC Service Real Estate Agency Big Box & Wholesale Store Electrical Service

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

206
Businesses Nearby

Demographics for 66861, KS

3,145
Population
1,748
Households
1.8
Avg Household Size
49
Median Age
34%
College-Educated
97%
High-School Grad
205.0 sq mi
ZIP Area
15
Density / Sq Mi
$62,553
Median Household Income
$39,189
Median Earnings
$685
Median Rent
$127,500
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Hotel - Historic limestone lodging property with guest rooms, event space, wellness amenities, and an on-site restaurant.
Where is this hotel located?
The property is located at 115 N Third Marion, KS.
What are key features of this property?
This property features: 13 guest rooms in a fully renovated hotel; 19th‑century limestone construction; Victorian ballroom and conference room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message