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Property profile & analytics
OFF-MARKET
Retail space

220 Douglas Ave Ellsworth, KS 67439-3208

1,694 SF 0.13 ac lot Built 1929
Entity Owned Absentee Owner Free & Clear
Property ID
US33-1500953
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1929
Total area 1,694 SF
Lot 0.13 ac (5,633 SF)
APN 084-20-0-40-24-014.00-0
UPID US33-1500953
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
  • Classy Lady Boutique Clothing Store
  • Kanhistque Publishing House Newspaper & Magazine
  • Ellsworth County Independent Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
ROBINSON RENTALS LLC
ROBINSON RENTALS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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