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    111 Main St Mayetta, KS 66509

    For Sale
    $169,000

    Prime Downtown Mayetta Property, Post Office Tenant

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This unique commercial property located at 111 E Main St, Mayetta, KS 66509, presents a rare investment opportunity. Priced at $169,000, the property features a ground-floor commercial space currently occupied by a post office tenant, providing a stable income stream. Above the commercial space is an impressive 1,920 square foot loft apartment, ideal for owner-occupancy or rental. The loft boasts 10-foot ceilings, large windows providing abundant natural light, and an open and airy feel. The kitchen is spacious, featuring ample prep space and a dining area bathed in sunlight. The master suite includes a full bathroom with double sinks, a tub, a walk-in shower, and private balcony access. A large laundry/utility room and an additional full bathroom add to the loft's functionality. The property is situated on the charming brick streets of downtown Mayetta, offering a picturesque setting. This property is zoned as Special Purpose and is a vacant land parcel. The combination of a reliable commercial tenant and a desirable loft apartment makes this an exceptional opportunity for investors or owner-occupants seeking a blend of income generation and comfortable living space. The property's location in the heart of Mayetta offers easy access to local amenities and services. This is a truly unique opportunity not to be missed.

    Property Features for 111 Main St

    General Information

    Property type
    Land

    HighLights

    • $169,000 asking price.
    • Special purpose property with land, classified as Commercial, Other.
    • Located at 111 E Main St, Mayetta, KS 66509.
    • Features a post office tenant and a 1,920 sq ft loft with 10'+ ceilings.
    • Loft includes a large kitchen, master suite with full bath and balcony, and a large laundry/utility room with an additional full bath.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    United States Postal ... Post Office

    Suggested Use

    Restaurant Spa & Massage Auto Repair Shop Department Store Food Market Grocery Store Cafe & Coffee Shop Pawn Shop Wine and Liquor Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mayetta
    County
    Jackson
    State
    Kansas
    Longitude
    -95.7932008
    Latitude
    39.3218496

    Nearby Comparable

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      15312 S Rd, Mayetta, KS 66509
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    • $590,000
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      Versatile Land in Mayetta, Kansas

      79.15 acres of countryside suitable for farming, recreation, or investment.
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    • $405,130
      70.00 Acres

      70 Acres Near Delia, Kansas

      70-acre tract near Delia, Kansas, with versatile agricultural and recreational potential.
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    FAQs

    What type of property is this?
    Land - Prime Downtown Mayetta Property, Post Office Tenant
    Where is this land located?
    The property is located at 111 Main St Mayetta, KS.
    What is the asking price?
    The asking price for this property is $169,000.
    What are key features of this property?
    This property features: $169,000 asking price.; Special purpose property with land, classified as Commercial, Other.; Located at 111 E Main St, Mayetta, KS 66509.
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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
    111 Main St Mayetta, KS 66509
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