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    OFF-MARKET
    Retirement homes

    1301 Chestnut St, Emporia, KS 66801

    39,000 SF 3.7 ac lot Built 1965
    Property ID
    US33-1480893
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Retirement homes
    Year built 1965
    Total area 39,000 SF
    Lot 3.7 ac (161,172 SF)
    UPID US33-1480893
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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