106 Santa Fe Ave Burlingame, KS 66413-1204
This exceptional 1906 building, originally the Shepherd Hotel, presents a rare opportunity to own a piece of Burlingame, Kansas history. Located at 106 W Santa Fe, this iconic brick structure has served as a vibrant community hub for over a century. Its rich past includes uses as a restaurant, laundromat, deli, and a grand ballroom, hosting weddings and other events. The building's character is undeniable, featuring exposed brick walls and hardwood floors. The versatile interior space offers endless possibilities for a modern entrepreneur. Currently, the property includes thirteen apartments situated above the commercial space, providing additional income potential. Imagine transforming this landmark into a thriving restaurant, a unique boutique, or a creative workspace. The building's prime downtown location ensures high visibility and accessibility. This is a chance to acquire a significant piece of Burlingame's heritage and shape its future. The property is priced at $275,000 and offers a substantial return on investment for the right buyer. Don't miss this chance to own a piece of history with unlimited potential. The lot size is 0 acres.
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.