220 Douglas Ave Ellsworth, KS 67439-3208
This exceptional mixed-use building, located at 220 N Douglas Ave in the heart of historic Ellsworth, Kansas, presents a compelling investment opportunity. Built circa 1929, this well-maintained property boasts 9,675 square feet and is currently 100% occupied by established tenants, ensuring a consistent income stream. The building features approximately 1,700 square feet of prime retail storefront space on the main floor, ideal for a variety of businesses. Also on the main floor is a spacious two-bedroom, one-bathroom apartment complete with laundry facilities. A large, finished basement apartment (3,000 sq ft) offers another two-bedroom, one-bathroom unit, also with laundry. The unfinished second floor (approximately 3,225 sq ft), accessible via a rear entrance, presents significant potential for expansion and added value. The property benefits from central heating and cooling, city water and sewer, and natural gas utilities. This is a rare chance to acquire a profitable, established property in a thriving Kansas community. The lot size is 9,675 square feet, with the main floor, second floor, and finished basement each comprising approximately 3,225 square feet. The asking price is $250,000.
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Classy Lady Boutique Clothing Store
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Kanhistque Publishing House Newspaper & Magazine
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Ellsworth County Independent Marketing & Advertising Printing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.