Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Holton, KS Commercial Investment Title is generated by Realmo AI

    420 Pennsylvania, Holton, KS 66436

    View on Map
    Claim this Listing
    New
    Picture of Restaurants at 420 Pennsylvania, Holton, KS
    For Sale
    $330,000

    COMMERCIAL - Holton, KS

    Lot size:
    0.09 Acres
    Added:
    May 15, 2026
    Days on Market:
    7
    Last Refresh:
    May 21 at 5:06 pm

    Property Features for 420 Pennsylvania

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    General Comm
    Parking features
    On Street
    Standard status
    Active
    APN
    043-092-03-0-33-08-007.00-0
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5553

    Utilities

    Utilities
    Natural Gas Available
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1910
    Floors in Building
    1
    Flooring type
    Tile

    We can help!

    Listing Contact
    Cecilia Villanueva

    Listing agent Cecilia Villanueva License #00248378

    Listing office Epique Realty 9393 W 110th St. Ste. 500, Overland Park, KS

    Listing date May 15, 2026

    MLS# 673126

    Copyright © 2026 South Central 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.

    HighLights

    • Turnkey investment property with existing restaurant lease in place.
    • Current restaurant lease generates $5,500 monthly income.
    • Three apartments offer additional rental income potential.
    • Central air conditioning.
    • On‑street parking available.
    • Public water source.

    Overview

    This commercial property in Holton, Kansas, is currently leased to a thriving restaurant, generating a monthly income of $5,500. The property also features three apartments, offering additional rental income potential. Situated on a lot of 0.0918 acres, this property is zoned for general commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    El Ranchito Restaurant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Holton
    County
    Jackson
    State
    Kansas
    Longitude
    -95.734353
    Latitude
    39.464318

    Nearby Similar for Sale

    • $159,900

      Holton Commercial Loft Living Potential

      Mixed-use property with retail space and loft living potential.
      405 New York Ave, Holton, KS 66436
      View Details
    • $340,000

      Turnkey Holton Fourplex Investment Opportunity

      Fully occupied fourplex with updated systems and strong rental history.
      115 E Fourth St, Holton, KS 66436
      View Details
    • $325,000

      Holton Multifamily Investment Opportunity

      Converted house with low vacancy, ideal for long-term investment.
      525 Pennsylvania AVE, Holton, KS 66436
      View Details
    • $63,000

      Renovated Holton Commercial Space Available

      Quaint, renovated office/retail/restaurant space in Holton, Kansas.
      320 New York Ave, Holton, KS 66436
      View Details
    • $750,000
      37,180 SF

      Retail Property in Holton, Kansas

      Retail property available for sale in Holton, Kansas.
      112 Arizona Ave, Holton, KS
      View Details
    • $63,000

      Renovated Holton Retail/Office Space

      Completely renovated retail or office space in Holton, Kansas.
      320 New York Ave, Holton, KS 66436
      View Details
    • $415,000

      Holton Historic Downtown Opportunity

      Unique property near Holton's historic downtown square with modern updates.
      122 E 5th St, Holton, KS 66436
      View Details
    • $750,000
      37,180 SF

      Former Grocery Store in Holton

      Former grocery store with open floor plan, office, and docks.
      112 US-75, Holton, KS 66436
      View Details

    FAQs

    What type of property is this?
    Restaurant - Turnkey investment property with restaurant and apartment rental income.
    Where is this restaurant located?
    The property is located at 420 Pennsylvania Holton, KS.
    What is the asking price?
    The asking price for this property is $330,000.
    What are key features of this property?
    This property features: Turnkey investment property with existing restaurant lease in place.; Current restaurant lease generates $5,500 monthly income.; Three apartments offer additional rental income potential.
    (620) 680-2198
    We can help!
    Listing Contact
    Cecilia Villanueva
    Real Estate License ID: 00248378
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    420 Pennsylvania, Holton, KS 66436
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!