Property profile

515 Main St Neodesha, KS 66757

OFF-MARKET
Specialty properties
0.16 ac lot Built 1990
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Specialty properties
Year built 1990
Lot 0.16 ac (6,970 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

515 Main St Neodesha, KS 66757
Neodesha metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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