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Property profile & analytics
FOR SALE
Grocery and convenience stores

103 E Main St Anthony, KS 67003

8,470 SF 0.4 ac lot Built 1976
Individually Owned Free & Clear
Property ID
US33-1205972
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1976
Total area 8,470 SF
Lot 0.4 ac (17,424 SF)
APN 136-24-0-40-49-006.00-0
UPID US33-1205972
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
Current use
Occupant on record · Public records
  • Larry's Hometown Market Grocery & Convenience Store Food Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$640k
Owner & transaction history
LARRY D OLDS
LARRY D OLDS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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