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    108 3Rd St Abilene, KS 67410

    For Sale
    $180,000

    Prime Retail Space w/ Apartment, $180K

    Property size:
    2,185 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 2,185 square foot storefront property, located at 108 NW 3rd St in Abilene, Kansas, presents a unique investment opportunity. Built in 1910, this single-story building boasts a prime location along a main traffic corridor in Abilene's historic downtown district. The property is currently 50% occupied, featuring a retail/office space in the front and a separate residential apartment in the rear. The apartment is currently leased, providing immediate rental income. The asking price is $180,000, translating to $82.38 per square foot. This is a triple net (NNN) lease arrangement for a multi-tenant property. The building offers significant potential for a variety of commercial uses, capitalizing on its high-visibility location and the charm of Abilene's historic downtown. The combination of commercial and residential space provides a diversified income stream. This is a rare opportunity to acquire a well-situated property in a thriving Kansas community. The property's address is 108 NW 3rd St, Abilene, KS 67410. Serious inquiries are encouraged.

    Property Features for 108 3Rd St

    General Information

    Property type
    Individual retail properties
    Square Feet
    2,185 SF

    Building Details

    Year Built
    1910
    Stories
    1
    Units
    1

    HighLights

    • $180,000 asking price for this retail storefront.
    • 2,185 square feet, multi‑tenant, NNN lease.
    • 50% occupancy rate.
    • Located at 108 NW 3rd St, Abilene, KS 67410.
    • Features a storefront/office/retail space and a separate residential apartment (currently leased).
    • Built in 1910, one‑story building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rachel White Doula Health Consultant Eck Agency Insurance ... Insurance Agency Prila Psychiatric Care, ... Mental Health Service Elevate Wellness LLC Wellness Center

    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
    Abilene
    County
    Dickinson
    State
    Kansas
    Longitude
    -97.2144558
    Latitude
    38.9175462

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    FAQs

    What type of property is this?
    Individual retail property - Prime Retail Space w/ Apartment, $180K
    Where is this individual retail property located?
    The property is located at 108 3Rd St Abilene, KS.
    What is the asking price?
    The asking price for this property is $180,000.
    What are key features of this property?
    This property features: $180,000 asking price for this retail storefront.; 2,185 square feet, multi-tenant, NNN lease.; 50% occupancy rate.
    Request Owner's contact information
    108 3Rd St Abilene, KS 67410
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    Abilene, KS 67410
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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
    108 3Rd St Abilene, KS 67410
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