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Mixed-Use Multifamily and Storage Property
For Sale
$2,650,000

809 W Us Highway 54, Andover, KS 67002

Four-parcel property with apartments, retail, an office, a warehouse, and a fully occupied storage component on direct frontage.

Property Size36,679 SF
Lot Size20.20 Acres
Price / SF$72.25
Days on Market58

Property Features for 809 W Us Highway 54

General Information

Standard status Active
Size 36,679 SF
Lot size 20.20 Acres
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $20,735

Building Details

Tenancy Multi
Listing Agency: Berkshire Hathaway PenFed Realty
Listed By: Shane Pullman
Source: Exprealty
Added: Jul 10 Changed: Aug 20 Last Checked: Sep 4 at 9:38AM

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 Berkshire Hathaway PenFed Realty

Investment Insights

Based on property information with market context.

This offering comprises approximately 20.2± acres across four parcels with 36,679± square feet of existing improvements. The mix of assets includes six 2-bedroom, 1-bath apartment units, one retail space, an office building, a warehouse, and a single-family residence, along with approximately 190 storage units that are currently 100% occupied.

The property provides direct frontage on Kellogg (Hwy 54), a heavily traveled corridor in the Andover area.

A disclosure is important for buyers: multiple parcels are expected to be impacted by the planned expansion of Kellogg (Hwy 54). The Kansas Department of Transportation (KDOT) may acquire portions of the property—or potentially entire parcels—as part of the project. The seller will not divide the property; all four parcels must be purchased together under a single contract.

Key Highlights

  • 20.2± acres in Andover with direct frontage on Kellogg (Hwy 54), across four parcels.
  • Four‑parcel offering with 36,679± SF of existing improvements and multiple income‑producing components.
  • Includes six 2‑bedroom, 1‑bath apartments and one retail space.

Property Analytics

Current Use

Self storage facilities

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Building Supply HVAC Service Auto Parts Store

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby

Demographics for 67002, KS

16,518
Population
6,006
Households
2.8
Avg Household Size
35
Median Age
50%
College-Educated
97%
High-School Grad
37.5 sq mi
ZIP Area
440
Density / Sq Mi
$105,625
Median Household Income
$53,432
Median Earnings
$1,492
Median Rent
$272,400
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Four-parcel property with apartments, retail, an office, a warehouse, and a fully occupied storage component on direct frontage.
Where is this apartment building located?
The property is located at 809 W Us Highway 54 Andover, KS.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: 20.2± acres in Andover with direct frontage on Kellogg (Hwy 54), across four parcels.; Four‑parcel offering with 36,679± SF of existing improvements and multiple income‑producing components.; Includes six 2‑bedroom, 1‑bath apartments and one retail space.
More about this property
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