Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Retail space

    106 Main St, Smith Center, KS 66967-2606

    3,808 SF 0.07 ac lot Built 1880
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US33-1349726
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 2,920 square foot office building located at 106 S Main Street in Smith Center, Kansas, 66967. Situated in a historic building constructed in 1880, this property boasts a rich history and prime downtown location. The building previously housed a restaurant, complete with a fully equipped commercial kitchen and dining area with seating for up to 75 patrons. Included in the sale are numerous high-quality commercial appliances, such as a Vulcan 48" flat top gas grill, Dean gas deep fat fryer, Hobart and Thunderbird commercial mixers, a large walk-in freezer, multiple refrigerators, and a comprehensive dishwashing setup. Additional equipment includes a POS system, exhaust hood and fire suppression system (2005), a new exhaust fan, and two ice machines. The restaurant area features updated finishes from 2022, including new paint, lighting, wood laminate flooring, and custom blinds. The building also benefits from a new commercial water heater (2023), furnace (2001), and AC unit (1999, serviced annually). Ample storage is available in the back storage room. Two public restrooms are conveniently located in the hallway. All contents, including furniture, dishes, and kitchen equipment, are included in the sale price of $110,000. Property taxes are $2,096 annually. This is an all-inclusive sale; individual items will not be sold separately. The upper floor, once a vaudeville theater, offers additional potential for development or expansion. This is a rare opportunity to acquire a turnkey commercial property in a desirable Kansas location.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1880
    Total area 3,808 SF
    Lot 0.07 ac (3,049 SF)
    APN 135-22-0-30-07-007.00-0
    UPID US33-1349726
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    LYNN A PICKEL
    LYNN A PICKEL
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 106 Main St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message