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    301 Magnolia Ave Columbus, KS 66725

    For Sale
    $185,000

    Spacious metal building w/ living quarters & shop space.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 1-story industrial property, located at 301 N Magnolia Avenue in Columbus, Kansas, presents a unique investment opportunity. Priced at $185,000, this versatile 10,890 square foot lot features a substantial metal building offering approximately 3,000 square feet of usable space. The building includes convenient overhead doors, a covered carport, and a detached two-car garage, providing ample storage and workspace. A significant advantage is the inclusion of a non-conforming living space within the main building, encompassing approximately 700 square feet. This area includes a bedroom, living area, and bathroom, offering flexibility for residential use or as an office. The remaining substantial area of the metal building is ideal for a variety of uses, including storage, a workshop, or various business ventures. The property's location in Cherokee County, Kansas, zip code 66725, offers easy access to local amenities and transportation routes. This property is a rare find, combining residential and commercial potential in a single, well-maintained structure. The combination of ample space, versatile features, and attractive price point makes this an exceptional opportunity for investors and business owners alike.

    Property Features for 301 Magnolia Ave

    General Information

    Property type
    Distribution properties

    Building Details

    Stories
    1

    HighLights

    • 10,890 SF lot with a 3,000 SF metal building in Columbus, KS.
    • $185,000 asking price.
    • Features overhead doors, covered carport, and a detached two‑car garage.
    • Includes a 700 SF non‑conforming living space with bedroom, living area, and bathroom.
    • Located in Cherokee County, KS, zip code 66725.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbus
    County
    Cherokee
    State
    Kansas
    Longitude
    -94.8364399
    Latitude
    37.1730109

    Nearby Comparable

    • $275,000
      4,000 SF

      Versatile Commercial Property with Apartment

      Commercial space with office, retail potential, and apartment quarters.
      120 S Delaware Ave, Columbus, KS 66725
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    • $200,000
      0.26 Acres

      Columbus, KS Retail Opportunity

      Turnkey liquor store opportunity in a high-traffic Columbus, Kansas location.
      217 E Pine St, Columbus, KS 66725
      View Details

    Nearby Similar for Sale

    • $275,000
      4,000 SF

      Versatile Commercial Property with Apartment

      Commercial space with office, retail potential, and apartment quarters.
      120 S Delaware Ave, Columbus, KS 66725
      View Details
    • $200,000
      0.26 Acres

      Columbus, KS Retail Opportunity

      Turnkey liquor store opportunity in a high-traffic Columbus, Kansas location.
      217 E Pine St, Columbus, KS 66725
      View Details

    FAQs

    What type of property is this?
    Distribution property - Spacious metal building w/ living quarters & shop space.
    Where is this distribution property located?
    The property is located at 301 Magnolia Ave Columbus, KS.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: 10,890 SF lot with a 3,000 SF metal building in Columbus, KS.; $185,000 asking price.; Features overhead doors, covered carport, and a detached two-car garage.
    Request Owner's contact information
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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
    301 Magnolia Ave Columbus, KS 66725
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