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    220 Douglas Ave Ellsworth, KS 67439

    For Sale
    $250,000

    Historic Ellsworth, KS income property. High occupancy, strong cash flow.

    Property size:
    9,675 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional mixed-use building, located at 220 N Douglas Ave in the heart of historic Ellsworth, Kansas, presents a compelling investment opportunity. Built circa 1929, this well-maintained property boasts 9,675 square feet and is currently 100% occupied by established tenants, ensuring a consistent income stream. The building features approximately 1,700 square feet of prime retail storefront space on the main floor, ideal for a variety of businesses. Also on the main floor is a spacious two-bedroom, one-bathroom apartment complete with laundry facilities. A large, finished basement apartment (3,000 sq ft) offers another two-bedroom, one-bathroom unit, also with laundry. The unfinished second floor (approximately 3,225 sq ft), accessible via a rear entrance, presents significant potential for expansion and added value. The property benefits from central heating and cooling, city water and sewer, and natural gas utilities. This is a rare chance to acquire a profitable, established property in a thriving Kansas community. The lot size is 9,675 square feet, with the main floor, second floor, and finished basement each comprising approximately 3,225 square feet. The asking price is $250,000.

    Property Features for 220 Douglas Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    9,675 SF

    HighLights

    • Exceptional mixed‑use building in historic Ellsworth, Kansas.
    • 9,675 square foot building, 100% occupied, generating consistent income.
    • Main floor features 1,700 SF of retail space and a 2 bed/1 bath apartment with laundry.
    • Finished basement includes a 3,000 SF, 2 bed/1 bath apartment with laundry.
    • Unfinished 3,225 SF second floor offers significant expansion potential.
    • $250,000 asking price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Classy Lady Boutique Clothing Store Kanhistque Newspaper Publisher Ellsworth County Independent Commercial Printer

    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
    Ellsworth
    County
    20053
    State
    Kansas
    Longitude
    -98.2303982
    Latitude
    38.7303062

    Nearby Comparable

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    Nearby Similar for Sale

    • $250,000
      6,450 SF

      Income-Producing Mixed-Use Building in Ellsworth, KS

      Well-maintained mixed-use building with retail space and apartments in historic downtown.
      220 N Douglas Ave, Ellsworth, KS 67439
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Historic Ellsworth, KS income property. High occupancy, strong cash flow.
    Where is this mixed-use property located?
    The property is located at 220 Douglas Ave Ellsworth, KS.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: Exceptional mixed-use building in historic Ellsworth, Kansas.; 9,675 square foot building, 100% occupied, generating consistent income.; Main floor features 1,700 SF of retail space and a 2 bed/1 bath apartment with laundry.
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    220 Douglas Ave Ellsworth, KS 67439
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    Ellsworth, KS 67439
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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
    220 Douglas Ave Ellsworth, KS 67439
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