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    307 Union St McLouth, KS 66054

    Sponsored
    For Sale
    $145,000

    Prime location, versatile space, great investment.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 307 S Union St in McLouth, Kansas, presents a unique investment opportunity. Situated in the heart of McLouth's downtown business district, this special purpose building offers high visibility and accessibility. Currently utilized as overflow storage by the adjacent liquor store (under the same ownership), the property boasts a spacious open floor plan, perfect for customization to suit a variety of retail or business uses. A private office and restroom are conveniently located at the rear of the building, adding to its functionality. Recent improvements include a brand new roof, minimizing future maintenance expenses and ensuring long-term durability. The asking price is $145,000, and flexible purchase terms are available, accommodating both cash and financing options. This property represents a compelling chance to acquire a well-positioned commercial asset in a thriving area, offering significant potential for return on investment. The property is zoned for commercial use and sits on land in Jefferson County, Kansas, zip code 66054. The building's size is not specified, but the open floor plan and additional office/restroom space provide ample room for various business configurations.

    Property Features for 307 Union St

    General Information

    Property type
    Land

    HighLights

    • Exceptional commercial property at 307 S Union St, McLouth, KS, in the downtown business district.
    • High‑visibility location with easy accessibility.
    • Spacious open floor plan adaptable for various retail or business uses; includes a private office and restroom.
    • New roof, minimizing future maintenance.
    • Asking price: $145,000; flexible financing options available.
    • Zoned commercial, Jefferson County, KS, 66054.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    McLouth
    County
    Jefferson
    State
    Kansas
    Longitude
    -95.2084925
    Latitude
    39.1957109

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Prime location, versatile space, great investment.
    Where is this land located?
    The property is located at 307 Union St McLouth, KS.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: Exceptional commercial property at 307 S Union St, McLouth, KS, in the downtown business district.; High-visibility location with easy accessibility.; Spacious open floor plan adaptable for various retail or business uses; includes a private office and restroom.
    Request Owner's contact information
    307 Union 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
    307 Union St McLouth, KS 66054
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