101 Lake St McLouth, KS 66054
- Grocery and convenience stores
- 1,448 SF
- 0.32 lot acres
Current Use by Public Records
- BP / Gas Station / Convenience Store
- Conoco / Gas Station
Property Details for 101 Lake St
- Year built
- 1950
- Construction
- FRAME
- Lot size
- 0.32 lot acres
- Property size
- 1,448 SF
- Property type
- Grocery and convenience stores
- APN
- 203-08-0-40-03-006.00-0
- APU
- 2030804003006000
Description
This exceptional owner-user convenience store and gas station, totaling 1,448 square feet, is strategically located at 101 East Lake Street in McLouth, Kansas, 66054. Priced at $750,000 ($517.96 per square foot), this turnkey property boasts 100% occupancy and presents a compelling investment opportunity. Situated in a high-visibility, high-traffic area of McLouth, this centrally located business benefits from its proximity to other key retail establishments such as Country Harvest Apple Market and McLouth Dental Office, ensuring consistent customer flow. The property features an open fuel supply, a significant advantage for new investors. Its adaptable layout allows for a variety of retail uses, catering to diverse business needs. The convenient location offers easy access for both pedestrians and vehicles, enhancing the shopping experience and operational efficiency. With limited competition in the immediate vicinity, this property enjoys a unique market position, ideal for a new retail venture or an established business seeking expansion. The well-maintained building is ready for immediate occupancy, minimizing initial investment and accelerating business startup. This is a rare opportunity to acquire a thriving business in a prime location within the Topeka, KS MSA. The property's strong performance and strategic location make it an attractive investment with significant potential for growth.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mc Louth
- County
- Jefferson
- State
- Kansas
- Longitude
- -95.2079
- Latitude
- 39.194
- CBSA code
- 45820
- CBSA name
- TOPEKA, KS METROPOLITAN STATISTICAL AREA