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    115 Main St Anthony, KS 67003

    For Sale
    $700,000

    Class A Medical Office, 100% Occupied

    Property size:
    6,907 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A medical office building, totaling 6,907 square feet, is situated on a 0.16-acre lot at 115 W Main St in Anthony, Kansas, 67003. Built in 2016, the property boasts a strong 8.16% cap rate and is currently 100% occupied under a triple-net (NNN) lease with Grene Vision Group, a leading provider of eye care services. The tenant, part of EyeCare Partners, has a long-standing presence in the community and has recently exercised a five-year lease renewal with further renewal options. The building is strategically located on the main street, surrounded by banks, restaurants, and other retailers, ensuring high visibility and accessibility. The current annual base rent is $57,134, translating to a monthly rent of $4,761 or $8.27 per square foot. This presents a compelling investment opportunity, offering both stable income and significant long-term potential. The asking price for this property is $700,000. This property is also available as part of a larger portfolio.

    Property Features for 115 Main St

    General Information

    Property type
    Medical offices
    Square Feet
    6,907 SF
    Class
    A
    Lot Size
    6,970 SF

    Building Details

    Year Built
    2016
    Buildings
    1

    HighLights

    • 6,907 SF Class A medical office building.
    • Built in 2016.
    • 0.16‑acre lot at 115 W Main St, Anthony, KS 67003.
    • $700,000 purchase price.
    • 8.16% cap rate.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grene Vision Group Eye Care Center Trina Piper-Hughbanks, OD Ophthalmologist Dr. Terria Winn, ... Ophthalmologist Katherine Kuhl Optometrist Robin Agpoon Optometrist

    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
    Anthony
    County
    Harper
    State
    Kansas
    Longitude
    -98.030768622999
    Latitude
    37.152180323984

    Nearby Similar for Sale

    • $700,000

      Medical Office Building For Sale

      Class A medical office building leased to EyeCare Partners.
      115 W Main St, Anthony, KS 67003
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    • $440,000
      8,000 SF

      Anthony, Kansas Retail Investment Property

      8,000 SF building on 0.90 acres, built in 2000.
      804 N Ll And G Ave, Anthony, KS 67003
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    • $225,000
      17,052 SF

      Office/Retail Building in Anthony, KS

      Office/Retail building with four suites in Anthony, Kansas for sale.
      119-125 W Main St, Anthony, KS 67003
      View Details
    • $225,000
      17,052 SF

      Office/Retail Building in Anthony, KS

      Office/Retail building with four suites in Anthony, Kansas for sale.
      Anthony, KS 67003
      View Details
    • $225,000
      17,052 SF

      Prime Anthony, KS Office/Retail

      17,052 SF Multi-Tenant Office Building
      119-125 Main St, Anthony, KS 67003
      View Details
    • $60,000

      Historic Anthony Office Warehouse

      Prime Location, High Potential, $60,000
      316 Main St, Anthony, KS 67003
      View Details

    FAQs

    What type of property is this?
    Medical office - Class A Medical Office, 100% Occupied
    Where is this medical office located?
    The property is located at 115 Main St Anthony, KS.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: 6,907 SF Class A medical office building.; Built in 2016.; 0.16-acre lot at 115 W Main St, Anthony, KS 67003.
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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
    115 Main St Anthony, KS 67003
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