Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1301 Chestnut St Emporia, KS 66801

    For Sale
    $1,900,000

    Prime Emporia location, 39,000 SF, multi-use building.

    Property size:
    39,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional investment opportunity presents a 39,000 square foot multi-use building situated on a generous 3.7-acre lot in Emporia, Kansas. Located at 1301 Chestnut Street, this property boasts a rich history as the former College of Emporia Student Union. The building, constructed in 1965, is a three-story structure currently zoned C-2, offering significant flexibility for a variety of uses. The property's current configuration includes executive office space and apartment units, making it ideal for a mixed-use development or conversion to senior living facilities, as suggested by its previous uses. The asking price is $1,900,000. The property benefits from a well-maintained roof, parking lot, and mechanical systems. Its substantial size and versatile zoning provide ample opportunity for future development and expansion. The property is owned by Fusion Management Services, LLC. A video showcasing the property is available online. This is a rare chance to acquire a significant commercial property in a desirable Kansas location with considerable potential for strong returns. The property's history and current condition make it an attractive investment for both seasoned and emerging real estate investors. Further details are available upon request.

    Property Features for 1301 Chestnut St

    General Information

    Property type
    Retirement homes
    Square Feet
    39,000 SF
    Lot Size
    161,172 SF

    Building Details

    Year Built
    1965
    Stories
    3

    HighLights

    • Former College of Emporia Student Union.
    • 39,000 SF building on 3.7‑acre lot.
    • 1965 construction, C‑2 zoning.
    • Well‑maintained roof, parking lot, and mechanical systems.
    • Video tour available at: https://vimeo.com/487747586
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Emporia
    County
    Lyon
    State
    Kansas
    Longitude
    -96.1947589
    Latitude
    38.4140669

    Nearby Similar for Sale

    • New
      Contact for pricing
      320.00 Acres

      Lyon County Land Auction

      678-acre land offered in multiple parcels via hybrid auction.
      2571 Road M, Emporia, KS 66801
      View Details
    • New
      Contact for pricing
      3,000 SF

      Lyon County Land Auction

      678-acre land offered in multiple parcels via Hybrid Auction.
      2571 Road M, Emporia, KS 66801
      View Details
    • New
      Contact for pricing
      96.00 Acres

      Cattle Backgrounding Lot with Meadow

      96 acres featuring a unique cattle backgrounding lot and meadow.
      280 Rd M & Rd, Emporia, KS 66801
      View Details
    • $735,000
      11,736 SF

      Iconic Emporia Nightlife Destination

      Fully operational bar and dance hall in revitalized 1901 building.
      601 Commercial St, Emporia, KS 66801
      View Details
    • $750,000
      11,364 SF

      Emporia, KS Apartment Complex

      12-unit apartment complex in Emporia, Kansas, featuring 2-bed/1-bath units.
      603-605 E 11Th Ave, Emporia, KS 66801
      View Details
    • $235,000

      Emporia Commercial Property - Great Value

      Prime Emporia location, versatile commercial space.
      314 Neosho St, Emporia, KS 66801
      View Details

    FAQs

    What type of property is this?
    Retirement home - Prime Emporia location, 39,000 SF, multi-use building.
    Where is this retirement home located?
    The property is located at 1301 Chestnut St Emporia, KS.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: Former College of Emporia Student Union.; 39,000 SF building on 3.7-acre lot.; 1965 construction, C-2 zoning.
    Request Owner's contact information
    1301 Chestnut St Emporia, KS 66801
    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.
    1301 Chestnut St
    Emporia, KS 66801
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1301 Chestnut St Emporia, KS 66801
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.