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Property profile & analytics
OFF-MARKET
Retail space

212 Market St Centerville, KS 66014

1,820 SF 0.17 ac lot Built 1910
Individually Owned Absentee Owner Free & Clear
Property ID
US33-0327615
Property summary
AI-generated overview

This unique 1,820 square foot building located at 212 E Market Street in Centerville, Kansas, presents a compelling investment opportunity. Previously operating as a feed store, this historical structure boasts a distinctive tin roof and offers a blend of character and adaptability. The property sits on a 0-acre lot and features well water and propane utilities. A notable feature is a remodeled walk-in cooler, retaining its original door and overhead cooling system, currently repurposed as a bathroom. An office space is equipped with a window air conditioning unit. The building also includes substantial metal shelving, currently utilized for storage. The property's zoning in unincorporated Centerville allows for flexible redevelopment, making it suitable for conversion into a residence or a variety of commercial ventures. The building's history and existing infrastructure provide a solid foundation for a creative renovation project, catering to diverse business or residential needs. The asking price is $47,500. This presents a rare chance to acquire a piece of Centerville's history and shape its future. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction FRAME
Total area 1,820 SF
Lot 0.17 ac (7,405 SF)
Zoning code R1
APN 144-17-0-10-11-010.00-0
UPID US33-0327615
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
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
TABITHA M STEPHENS
TABITHA M STEPHENS
Zoning & alternative use
R1 · Centerville, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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