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    110 Main St Chanute, KS 66720

    For Sale
    $59,900

    Historic Office Building - Great Investment!

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This charming 2-story office building at 110 E Main Street, Chanute, Kansas, presents a compelling investment opportunity. Built in 1910, this well-maintained property boasts a newly installed roof and a newer, high-performing HVAC system, minimizing immediate maintenance concerns. The building sits on a substantial 2,875 square foot lot in the heart of downtown Chanute. Currently leased to Main Street Chanute, a tenant with plans to remain in the location for the foreseeable future, this property offers immediate rental income. The main floor office space is in excellent condition, ready for continued occupancy. The upper level requires renovation, presenting potential for increased value through future development or repurposing. The asking price is $59,900, making this a potentially lucrative addition to any investment portfolio. Located in Neosho County, Kansas, with the zip code 66720, this property offers a blend of historic charm and modern functionality in a thriving downtown area. The property's address is 110 E Main Street, Chanute, KS. This is a rare opportunity to acquire a stable income-producing asset with significant upside potential. The building's solid foundation and desirable location make it an attractive investment for both seasoned and new investors.

    Property Features for 110 Main St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1910
    Stories
    2

    HighLights

    • Historic 2‑story office building at 110 E Main Street, Chanute, KS 66720.
    • Newly installed roof and HVAC system.
    • 2,875 sq ft lot in downtown Chanute.
    • Currently leased to Main Street Chanute with long‑term lease plans.
    • Main floor in excellent condition; upper floor requires renovation.
    • Asking price: $59,900.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Chanute
    County
    Neosho
    State
    Kansas
    Longitude
    -95.4513283
    Latitude
    37.6820809

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Office Building - Great Investment!
    Where is this office property / space located?
    The property is located at 110 Main St Chanute, KS.
    What is the asking price?
    The asking price for this property is $59,900.
    What are key features of this property?
    This property features: Historic 2-story office building at 110 E Main Street, Chanute, KS 66720.; Newly installed roof and HVAC system.; 2,875 sq ft lot in downtown Chanute.
    Request Owner's contact information
    110 Main St Chanute, KS 66720
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    Chanute, KS 66720
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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
    110 Main St Chanute, KS 66720
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