1018 4th St Altamont, KS 67330-9269
This 0.32-acre commercial property at 1018 E 4th Street, Altamont, Kansas, presents a unique investment opportunity. Boasting excellent highway 160 frontage, this building offers high visibility and accessibility for a variety of businesses. Previously utilized as a grocery store, produce market, and meat market, the space is adaptable to numerous commercial ventures. Imagine a thriving coffee shop, gift shop, or flower shop in this well-lit, spacious building. Alternatively, its history as a liquor store, coupled with the existing eight-bay walk-in cooler, makes it ideal for a similar operation. A new rear section provides additional open space for expansion or storage. The front counter area is generously sized, and the drive-thru window remains fully functional. Convenient his-and-her restrooms are included. Ample parking is available both in front and behind the building, providing easy access for customers and employees. Situated on a large corner lot on the east edge of town, this property offers a strategic location within an hour of Joplin, Missouri, and approximately 1.5 hours from the Tulsa, Oklahoma area. The asking price is $90,000. This property is ready for its next chapter.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.