105 Amity St Louisburg, KS 66053-4076
This exceptional 0.98-acre property at 105 E Amity Street, Louisburg, KS, presents a unique investment opportunity. Previously utilized as a nursing home and most recently as an adult inpatient drug and alcohol rehabilitation center, this versatile building offers immediate income potential with a leaseback option from the current owner. The property boasts five full apartments and seven offices, providing a diverse range of rental possibilities. Three two-bedroom, one-bathroom apartments and two one-bedroom, one-bathroom apartments accommodate up to ten residents. Each apartment is fully furnished with twin beds, dressers, nightstands, living room furniture, and kitchenettes equipped with full-size refrigerators and microwaves. The building also features a spacious great room with soaring ceilings and a loft area, perfect for communal use or conversion. A large eat-in kitchen and serving area, ideal for catering or large gatherings, is also included. Seven separate office areas offer ample workspace, with three including private kitchenettes and full baths, easily adaptable into additional suites. The property includes a luxurious conference room enclosed on three sides by glass, a main kitchen with two ovens and three refrigerators, and a substantial prep, serving, and eating area. Eight private patios and a grand patio, along with privacy fencing, enhance the property's appeal. This property is conveniently located just 18 minutes south of Overland Park, offering easy access to major transportation routes and amenities. The building's existing infrastructure and layout provide a solid foundation for a variety of future uses.
-
Rick James - RE/MAX Partners Real Estate Agency
-
Gold Bridge Treatment Center Medical Clinic
-
Beckys Accounting & Computer Accounting Firm Tax Preparation
-
Dorothy Horn Counselor Social Worker
-
Michelle Ridley Foster Care Service Social Service Agency
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
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.