You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET Estimated value $530,000
Office buildings

2306 Anderson Ave Manhattan, KS 66502-2903

2,160 SF 0.47 ac lot Built 1986
Entity Owned Free & Clear
Property ID
US33-0307671
Property summary
AI-generated overview

This exceptional 4,320-square-foot office building, located at 2306 Anderson Ave in Manhattan, Kansas, presents a unique investment opportunity. Built in 1986 and extensively renovated between 2015 and 2024, this two-story structure boasts excellent visibility and accessibility from Anderson Avenue, a high-traffic thoroughfare with over 17,000 vehicles daily. The property features seven private offices, a spacious waiting room, a reception/work area with built-in desks and cabinets, a kitchenette, four restrooms, a 475-square-foot conference room, and a 170-square-foot breakroom complete with a full-size refrigerator, sink, and dishwasher. Over 700 square feet of storage space offers potential for conversion into additional office areas. A private west-side entrance allows for the possibility of dividing the lower and main levels into separate spaces, ideal for mixed-use or multi-tenant occupancy. A new backlit box sign along Anderson Avenue provides significant marketing potential. The property also includes a private parking lot with 20 spaces, situated on a 0.47-acre lot. The building is zoned BC. This meticulously maintained property offers a blend of modern amenities and functional design, making it an ideal investment for discerning buyers.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1986
Total area 2,160 SF
Lot 0.47 ac (20,473 SF)
Zoning code C-1
APN 216-13-0-10-04-016.00-0
UPID US33-0307671
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
  • Adams Brown - CPAs & Technology Advisors Accounting Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
$545k
Comparable Approach Comparable
$517k
Blend (final) Blend
$530k
Owner & transaction history
VP PROPERTIES LLC
VP PROPERTIES LLC
Zoning & alternative use
C-1 · Manhattan, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2306 Anderson Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message