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Property profile & analytics
OFF-MARKET
Office Spaces

511 East Ave Columbus, KS 66725

3,095 SF Built 1990
Property ID
Property summary
AI-generated overview

This unique Columbus, Kansas mixed-use property presents a compelling redevelopment opportunity. Encompassing 3,095 square feet across two buildings on a 0.54-acre lot (23,908 sq ft), this offering includes a completely remodeled, two-bedroom, 2.5-bathroom home with new Samsung appliances (fridge, stove, dishwasher) under warranty. The second building, featuring a soundproof wall, offers versatile space ideal for residential, commercial, or mixed-use development. Existing features include updated fixtures, toilets, vanities, doors, washer/dryer hookups, a new HVAC system, and an instant hot water tank. The property boasts over 200 square feet of highway frontage, situated conveniently near a highway intersection. The asking price of $199,700 is below appraisal. This investment presents significant potential for value appreciation and diverse income streams. The property's 1990 construction offers a solid foundation for renovation or expansion. The two-story buildings provide ample space for creative adaptation. This is a rare opportunity to acquire a multi-use property with highway visibility in a desirable location. The property is privately owned and zoned "na".

Property profile
Verified
Property type Office Spaces
Year built 1990
Total area 3,095 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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