229 7Th Ave Garnett, KS 66032
- Small apartment buildings
Current Use by Public Records
- Small apartment buildings
Property Details for 229 7Th Ave
- Property type
- Small apartment buildings
Description
This exceptional investment opportunity presents a remarkable chance to acquire a substantial 25,200 square foot lot in Garnett, Kansas, zoned R3 Flexible Residential District. The property, located at 229 E 7th Avenue, 66032, includes a 24' x 41' garage featuring a concrete floor and three 8' x 10' overhead doors. While the garage's electrical service is currently disconnected, it boasts an established breaker box and outlets, ready for reconnection by the new owner. The R3 zoning allows for flexible development, including the construction of two single-family homes, two duplexes, or a single large residence. The property boasts mature trees and a spacious yard. City water, sewer, gas, and electric services are readily available on-site. This property's prime location offers convenient access to the 52-mile Prairie Spirit Rail Trail, extending from Iola to Ottawa, Kansas, and sits adjacent to the historic Garnett train depot. This complete package of land and garage presents a unique opportunity for significant returns. The property is priced affordably at $49,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Garnett
- County
- Anderson
- State
- Kansas
- Longitude
- -95.2396424
- Latitude
- 38.2779734
