Property profile

125 S Main St Smith Center, KS 66967

FOR SALE
Retail space
Property ID
US33-1426683
3,696 SF 0.09 ac lot Built 1910
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

Located in downtown Smith Center, Kansas, this 1910-era row store building was historically used as a retail space and includes two apartments with separate exterior access. The main retail area totals 2,460 square feet and features wall shelving and an open floor plan, with a 14 by 6 foot kitchen at the rear equipped with cabinets, a sink, a refrigerator, and a microwave. A half bathroom serves the retail area, and a short staircase leads to an upper level consisting of a 9 by 11 foot office area that includes a large floor safe, plus an 8 by 7 foot room and a 10 by 11 foot room; the electric panel box is located on this floor. The building includes a full 2,400 square foot basement with shelving, where the water heater and water softener hookups are situated. Apartment #1 includes a living room, a kitchenette with a gas standing heater, a full bath, a one-bedroom area with a standing gas heater, and steps to a mezzanine; it is configured but requires renovation. Apartment #2 has a similar room layout and requires complete renovation to be habitable. The property includes a security camera system and is zoned 200.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 3,696 SF
Lot 0.09 ac (3,920 SF)
APN 135-21-0-40-01-009.00-0
UPID US33-1426683

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Decor Store Department Store

Location

125 S Main St Smith Center, KS 66967
Smith Center metro Census 475800
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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