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Prime Corner Lot Opportunity
For Sale
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1303 East Street, Iola, KS 66749

Prime corner lot ideal for restaurant or fast food.

Property SizeContact for details
Days on Market640

Property Features for 1303 East Street

General Information

Standard status Active
Property subtype Land
Zoning C-2

Building Details

Year Built 2001
Listing Agency: Crown Realty
Listed By: Jennifer Chester · License #002287496
Source: Crexi
Added: Nov 9, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:24AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crown Realty

Investment Insights

Based on property information with market context.

This property presents a unique opportunity to establish a restaurant or fast food venture on a prime corner lot. The location benefits from excellent exposure and accessibility, ensuring a constant flow of potential customers. Situated on a major thoroughfare, the property experiences significant foot and vehicle traffic throughout the day. Large storefront windows and prominent signage opportunities enhance street presence. Designed to accommodate high-volume operations, the location is suitable for dine-in, takeout, or drive-thru services. Available tax incentives may support business growth.

Property Analytics

Current Use

R & R Sales Car Dealership

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Building Supply Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

150
Businesses Nearby
38k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 56% Dining 44%
A&W Restaurant Dining
14,945 visits/mo 0.2 miles
Conoco Shops & Services
13,829 visits/mo 0.4 miles
Casey's General Store Shops & Services
7,303 visits/mo 0.3 miles
Daylight Donuts Dining
1,767 visits/mo 0.1 miles

Demographics for 66749, KS

7,512
Population
3,532
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
94%
High-School Grad
109.1 sq mi
ZIP Area
69
Density / Sq Mi
$56,510
Median Household Income
$31,486
Median Earnings
$715
Median Rent
$101,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime corner lot ideal for restaurant or fast food.
Where is this commercial land located?
The property is located at 1303 East Street Iola, KS.
What is the asking price?
The asking price for this property is $198,000.
(620) 228-1413 Call to check price and availability
More about this property
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