103 E Main St Anthony, KS 67003
For Sale
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This exceptional opportunity presents the chance to acquire a thriving grocery store located at 103 E. Main St., Anthony, KS, 67003. The 8,470 square foot, single-story building sits on a 17,424 square foot lot and is zoned B-1. Currently operating as Larry's Grocery, this 100% occupied property boasts a strong track record of profitability. The asking price is $900,000, translating to $106.26 per square foot. The property features a single tenancy under a NNN lease with zero years remaining. Recent upgrades include a roof recoating (5 years ago), new registers and dairy/meat cases (2 years old), and updated HVAC units and furnaces (10 years old). The motor room was also replaced last year. This well-maintained Class B building, constructed in 1976, benefits from its prime location in a vibrant community featuring a new hospital, museum, memorial park, hunting lodge, lake, recreation center, municipal airport, and a revitalized downtown area. The safe and family-friendly environment makes this a truly unique investment opportunity. This is a hard corner location in a quiet, charming town.
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Larry's Hometown Market Grocery & Convenience Store Food Market
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.