Corner
504 1/2 N Main, Hutchinson, KS 67501
For Sale
New
Contact for pricing
Commercial Sale, Hutchinson, KS
Property Size807 SF
Price / SF$0.61
Days on Market1
Property Features for 504 1/2 N Main
General Information
Property type
Property subtype
Parking features
Elementary school district
Subdivision
Standard status
APN
Additional Details
Corner Location
Utilities
Utilities
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
PLAZA/ASTLE REALTY
(620) 662-0576
Listed By:
KELLY POLSON · License #SP00231903
(620) 694-1688
Added: Nov 6
Last Checked: Nov 6 at 8:06PM
MLS# 55809
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 807-square-foot storefront at 504 1/2 N Main was built in 1920. The building has brick construction, carpet flooring, a flat roof, and water available. Parking includes a lot and on-street spaces, with options at the front, side, and rear of the premises.
Key Highlights
- 807 square feet of storefront space
- Built in 1920 with brick construction
- Carpet flooring and a flat roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,687
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,740
$153.7K
Cap Rate 7%
$109,814
$109.8K
Cap Rate 9%
$85,411
$85.4K
Market Conditions
NOI Build-Up for 807 SF
Gross rent
$11.6K $14.40/SF
− Vacancy
−$639 −$0.79/SF
EGI
$11.0K $13.61/SF
− OpEx
−$3.3K −$4.08/SF
NOI
$7.7K $9.53/SF
Area
Reno County, KS
Vacancy
5.50%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$153,740
Cap Rate 7%
$109,814
Cap Rate 9%
$85,411
Alternative Uses
Best Use
Office B
$113.3K
$99.1K – $132.2K
NOI $7,931 @ 7.0% cap · market cap 1,602.22%
Second Best
Retail
$109.8K
$96.1K – $128.1K
NOI $7,687 @ 7.0% cap · market cap 1,552.93%
Theoretical Best
Office A
$163.4K
$142.9K – $190.6K
NOI $11,435 @ 7.0% cap · market cap 2,310.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,146
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 67501, KS
24,779
Population
11,075
Households
2.2
Avg Household Size
37
Median Age
11%
College-Educated
85%
High-School Grad
188.0 sq mi
ZIP Area
132
Density / Sq Mi
$50,069
Median Household Income
$29,008
Median Earnings
$865
Median Rent
$86,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Don's Custom Floral — 600 N Main St, Hutchinson, KS 67501
- Absolutely Flowers — 1328 N Main St, Hutchinson, KS 67501
Frequently Asked Questions
What type of property is this?
Storefront property - The 807-square-foot space has parking options at the front, side, and rear.
Where is this storefront property located?
The property is located at 504 1/2 N Main Hutchinson, KS.
What are key features of this property?
This property features: 807 square feet of storefront space; Built in 1920 with brick construction; Carpet flooring and a flat roof
