108 Fry St Yates Center, KS 66783-1633
This exceptional commercial real estate opportunity in Yates Center, Kansas, presents a unique blend of established businesses and significant expansion potential. Located at 108 S Fry, this property boasts a prime location near the intersection of Hwy 54/75, offering high visibility and convenient access. The property encompasses a full acre, comprised of two adjacent half-acre parcels (APN: 1041311103035003000, 1041311103035002000). The main building, currently operating as a gas station and auto shop, features a versatile layout designed for efficient workflow. Three bay doors on the west side, including a pull-through bay on the south, provide ample space for various automotive services. The shop is equipped with two lifts, a wheel balancer, a rim clamp tire changer, and other essential tools. Interior space includes two storage rooms, two bathrooms, an office, and a spacious front display area. The adjacent half-acre lot presents a significant opportunity for expansion, whether for additional business ventures, increased parking to accommodate customer traffic, or other development. This property offers substantial income potential through continued operation of the existing businesses, leasing the space, or developing the additional lot. The asking price is $247,000. This is a turnkey operation ready for a new owner to step in and capitalize on its existing success and future growth potential.
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
CP-2 · Yates Center, KSNo 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.