112 Main St Hillsboro, KS 67063-1139
This expansive 621,000 square foot commercial building is situated in the heart of downtown Hillsboro, Kansas, presenting a remarkable investment opportunity. Located at 112 S Main, the property boasts a highly visible and accessible location, offering significant advantages for a variety of businesses. The building sits on a 0.14-acre lot and was undergoing renovations to suit medical needs prior to its current listing. While the building has seen some updates, it's important to note that any existing medical equipment is not included in the sale. The property's size and central location within Hillsboro offer considerable flexibility for future development and adaptation to suit a wide range of commercial uses. The convenient proximity to an adjoining building to the north further enhances its potential for expansion or synergistic partnerships. This property represents a unique chance to acquire a substantial commercial space in a thriving downtown area, ripe for redevelopment and tailored to the needs of a discerning buyer. Priced at $95,000, this represents exceptional value for a building of this scale and location. Serious inquiries are encouraged to explore the full potential of this remarkable opportunity.
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Kessler Kreations (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.