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    101 Lake St McLouth, KS 66054

    Sponsored
    For Sale
    $750,000

    Owner-user convenience store & gas station. High traffic, prime location.

    Property size:
    1,448 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional owner-user convenience store and gas station, totaling 1,448 square feet, is strategically located at 101 East Lake Street in McLouth, Kansas, 66054. Priced at $750,000 ($517.96 per square foot), this turnkey property boasts 100% occupancy and presents a compelling investment opportunity. Situated in a high-visibility, high-traffic area of McLouth, this centrally located business benefits from its proximity to other key retail establishments such as Country Harvest Apple Market and McLouth Dental Office, ensuring consistent customer flow. The property features an open fuel supply, a significant advantage for new investors. Its adaptable layout allows for a variety of retail uses, catering to diverse business needs. The convenient location offers easy access for both pedestrians and vehicles, enhancing the shopping experience and operational efficiency. With limited competition in the immediate vicinity, this property enjoys a unique market position, ideal for a new retail venture or an established business seeking expansion. The well-maintained building is ready for immediate occupancy, minimizing initial investment and accelerating business startup. This is a rare opportunity to acquire a thriving business in a prime location within the Topeka, KS MSA. The property's strong performance and strategic location make it an attractive investment with significant potential for growth.

    Property Features for 101 Lake St

    General Information

    Property type
    Automotive properties
    Square Feet
    1,448 SF

    HighLights

    • 1,448 SF convenience store and gas station in central McLouth, KS.
    • Open fuel supply.
    • High‑traffic location near Country Harvest Apple Market and McLouth Dental Office, one hour from Kansas City.
    • Adaptable layout suitable for various retail uses.
    • Excellent pedestrian and vehicle access.
    • Limited competition.
    Property Profile Location Intelligence

    Current Use by Public Records

    BP Gas Station Conoco Gas Station

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Auto Repair Shop Department Store Daycare Center Grocery Store Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    McLouth
    County
    Jefferson
    State
    Kansas
    Longitude
    -95.208341408154
    Latitude
    39.193977530629

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    FAQs

    What type of property is this?
    Automotive property - Owner-user convenience store & gas station. High traffic, prime location.
    Where is this automotive property located?
    The property is located at 101 Lake St McLouth, KS.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: 1,448 SF convenience store and gas station in central McLouth, KS.; Open fuel supply.; High-traffic location near Country Harvest Apple Market and McLouth Dental Office, one hour from Kansas City.
    Request Owner's contact information
    101 Lake St McLouth, KS 66054
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    McLouth, KS 66054
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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
    101 Lake St McLouth, KS 66054
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