215 Ames St Baldwin City, KS 66006
This exceptional investment opportunity presents a 2,616 square foot storefront located at 215 Ames St, Baldwin City, KS 66006. Situated on a sizable 17,700 square foot lot, this single-story building offers high visibility from Highway 56. Currently operating as a multi-tenant property with 50% occupancy, the property features one bathroom and access from two directions. A one-year lease is in place with the current tenant, occupying half the space. The remaining 1,308 square feet is a large, open storefront, ready for immediate occupancy. The property is zoned for commercial use and offers significant potential for expansion or diversification. The asking price is $230,000. This is a modified leasehold property with no remaining lease term. The property consists of one building with one unit. This is a private ownership opportunity in Douglas County, Kansas, offering a strong return on investment in a thriving community. A secure lock safe is included within the property. Don't miss this chance to acquire a versatile and well-located commercial property.
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.