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Property profile & analytics
OFF-MARKET
Retail space

112 Main St Hillsboro, KS 67063-1139

1,968 SF 0.09 ac lot Built 1900
Individually Owned 15-yr Hold Free & Clear
Property ID
US33-0731736
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction FRAME
Total area 1,968 SF
Lot 0.09 ac (3,920 SF)
APN 138-34-0-30-08-010.00-0
UPID US33-0731736
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
Current use
Occupant on record · Public records
  • Level Up Nutrition Pharmacy (Bike/Boat/Book/etc) Store
  • Kessler Kreations (Bike/Boat/Book/etc) Store
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
Diane Claassen · 15 yrs held
Diane Claassen
since 2011
1 recorded transaction
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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