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    OFF-MARKET
    Commercial real estate

    1390 35Th St, Chanute, KS 66720

    4.18 ac lot Built 1996
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1390 W 35th Street in Chanute, Kansas, presents a unique investment opportunity. The expansive 4.18-acre lot offers significant potential for future expansion, including the possibility of adding a second story to the existing structure. The building itself boasts a versatile layout, ideal for a variety of commercial uses. Key features include a sanctuary, four individual offices, six smaller classrooms, a large gymnasium, a galley kitchen, separate men's and women's restrooms, and a dedicated nursery. The main office also includes a private bathroom for added convenience. Its strategic location just off the intersection of Highway 169 and 35th Parkway ensures excellent visibility and accessibility from all directions, making it an attractive proposition for businesses seeking high traffic exposure. The property is priced at $899,000 and offers a rare combination of size, versatility, and location, making it an exceptional opportunity for a discerning buyer. The ample space and diverse layout provide flexibility for a wide range of commercial ventures. This property is ready for immediate occupancy and presents a compelling opportunity to establish or expand a successful business in a thriving community.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1996
    Lot 4.18 ac (182,081 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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