2306 Anderson Ave Manhattan, KS 66502-2903
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.
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Adams Brown - CPAs & Technology Advisors Accounting Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C-1 · Manhattan, KSManhattan. Always verify with local authorities before improvements.
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.