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Property profile & analytics
FOR SALE
Retail space

116 N Main St Sylvan Grove, KS 67481

5,150 SF 0.16 ac lot Built 1890
Individually Owned Absentee Owner Free & Clear
Property ID
US33-1154103
Property summary
AI-generated overview

Prime commercial opportunity in Sylvan Grove, Kansas, awaits a new owner. This turnkey business, housed in a historic limestone building at 116 N Main St, encompasses a thriving convenience store, a well-established restaurant and bar, and a covered garage/storage area (35' x 13'). The property sits on a 6,958 sq ft lot and boasts a total of 5,319 sq ft of space within its single-story structure, built in 1890. All furnishings, fixtures, equipment, and inventory are included in the sale price of $125,000. The property is zoned for commercial/retail use and offers a unique blend of established businesses in a vibrant small town. Sylvan Grove's location, approximately 8 miles from Wilson Lake (known for its exceptional clarity), provides access to a recreational area popular for hunting, boating, and fishing. The town also features an active livestock sale barn, contributing to a strong local economy. This fee-simple ownership presents a rare chance to acquire a well-positioned, multi-faceted business in a desirable Kansas community. The property's Class C designation reflects its age and character, adding to its unique charm and potential. This is a complete package ready for immediate operation.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1890
Construction WOOD
Total area 5,150 SF
Lot 0.16 ac (6,958 SF)
APN 156-13-0-20-14-005.01-0
UPID US33-1154103
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
  • B & W Plumbing Plumbing Service General Contractor
  • The Feedlot Bar & Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
HEATHER R MEYER
HEATHER R MEYER
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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