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    120 4 St Fredonia, KS 66736

    Sponsored
    For Sale
    $65,000

    Prime Location, Turnkey Grocery Store Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional opportunity presents a unique chance to acquire a special purpose building located at 120 S 4th Street in Chetopa, Kansas, 66736. The property, built in 1956, sits on a 0.31-acre lot and features a single story structure. Priced aggressively at $65,000, this represents a significant discount from the previous asking price. The building was formerly Chetopa Foods, a grocery store that recently closed on March 7th. The sale includes all remaining inventory, which comprises freezers, display shelves, refrigerators, and other fixtures. Adding significant value, the sale also encompasses an additional lot featuring a prominent sign on Maple Street, complete with a separate legal description. A smoker building is also included in this comprehensive offering. This property represents a rare chance to acquire a turnkey business opportunity in a town previously served by only this grocery store. The motivated seller is eager to find a buyer, making this an attractive investment prospect. The property is being sold "as is." This is a unique opportunity to establish a new business or repurpose the existing infrastructure in a desirable Kansas location.

    Property Features for 120 4 St

    General Information

    Property type
    Specialty properties
    Lot Size
    13,504 SF

    Building Details

    Year Built
    1956
    Stories
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredonia
    County
    Labette
    State
    Kansas
    Longitude
    -95.8310906
    Latitude
    37.5289824

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    FAQs

    What type of property is this?
    Specialty property - Prime Location, Turnkey Grocery Store Opportunity
    Where is this specialty property located?
    The property is located at 120 4 St Fredonia, KS.
    What is the asking price?
    The asking price for this property is $65,000.
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    120 4 St Fredonia, KS 66736
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    Fredonia, KS 66736
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    Realmo Value Estimation

    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.

    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.

    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
    120 4 St Fredonia, KS 66736
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