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    118 8Th St Salina, KS 67401

    Sponsored
    For Sale
    $905,000

    12,532 SF Worship Center, $905K

    Property size:
    12,532 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 12,532-square-foot church building presents a unique investment opportunity in Salina, Kansas. Located at 118 S. 8th Street, this two-story property boasts a prominent location near the intersection of 9th Street and Iron Street, ensuring high visibility. Built in 1930, the structure sits on a spacious 20,000-square-foot lot and is zoned R-3. The building features a stunning sanctuary with vaulted ceilings and a balcony, perfect for large congregations. Beyond the sanctuary, ample space is dedicated to nurseries, classrooms, offices, a conference room, and a large common area. A dedicated audio/visual control booth enhances the functionality of the space. The asking price is $905,000, translating to $72.22 per square foot. The net rentable area is 12,532 square feet, with a ceiling height of 12 feet. This property is currently owned by Heartland Worship Center and offers significant potential for continued use as a place of worship or repurposing for other permitted uses under the R-3 zoning. The property's size, location, and versatile layout make it an attractive investment prospect.

    Property Features for 118 8Th St

    General Information

    Property type
    Churches & religious facilities
    Square Feet
    12,532 SF

    Building Details

    Year Built
    1930
    Stories
    2
    Units
    1

    HighLights

    • $905,000 asking price for a 12,532 SF church building.
    • Located at 118 S. 8th Street, Salina, KS 67401.
    • Features a large sanctuary with vaulted ceilings and balcony, plus ample nursery, classroom, office, and common areas.
    • Includes an audio/visual control booth.
    • R‑3 zoning, 20,000 SF lot, 2 stories, 12' ceilings, built in 1930.
    • $72.22/SF price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Churches & religious facilities

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salina
    County
    Saline
    State
    Kansas
    Longitude
    -97.6116543
    Latitude
    38.8398574

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    FAQs

    What type of property is this?
    Church & religious facility - 12,532 SF Worship Center, $905K
    Where is this church & religious facility located?
    The property is located at 118 8Th St Salina, KS.
    What is the asking price?
    The asking price for this property is $905,000.
    What are key features of this property?
    This property features: $905,000 asking price for a 12,532 SF church building.; Located at 118 S. 8th Street, Salina, KS 67401.; Features a large sanctuary with vaulted ceilings and balcony, plus ample nursery, classroom, office, and common areas.
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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
    118 8Th St Salina, KS 67401
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