515 Main St Neodesha, KS 66757
This exceptional 6400 square foot commercial building, located at 515 Main N/A in Neodesha, Kansas, presents a unique investment opportunity. Built in 1990, this single-story structure sits on a 0.16-acre lot and is currently configured for multiple uses. The exterior boasts recently updated curb appeal, enhancing its visual attractiveness. Large windows flood the interior with natural light, creating a bright and inviting atmosphere. The interior layout includes a sizable retail space, cleverly sectioned off with newly installed half-walls. Six generously sized office or rental rooms are located towards the rear of the building, offering flexibility for various business needs. A substantial custom-built counter is included in the sale. A significant storage area is accessible via an overhead door at the rear, adding to the building's practicality. The property also features a recently updated and spacious bathroom. The asking price is $99,000, reflecting a motivated seller. This property is ideally situated in downtown Neodesha, offering excellent visibility and accessibility. Its versatile design and recent improvements make it an attractive option for a variety of commercial ventures. The combination of prime location, updated features, and ample space makes this a compelling investment opportunity. The zip code is 66757.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.