Property profile

2605 Allison Ave Manhattan, KS 66502

OFF-MARKET
Office buildings
Property ID
US33-0386297
2,448 SF 0.55 ac lot Built 1985
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 2,448 square foot commercial property is ideally situated at the corner of Allison Avenue and Stagg Hill, in Manhattan, Kansas. Its prime location offers unparalleled visibility from multiple directions, ensuring high traffic and excellent exposure for your business. The property boasts a private paved parking lot with ample spaces for customers and employees, a significant advantage in a busy commercial area. Previously occupied by a daycare, the interior is currently undergoing updates by the sellers, presenting a clean slate for your vision. The building's end-cap location on Seth Child Road provides additional accessibility and prominent street presence. This is a rare opportunity to acquire a well-located, updated commercial space in a thriving Manhattan neighborhood. The property is offered at $475,000 and presents a strong investment potential for a variety of commercial uses. The convenient location and ample parking make this an attractive option for businesses seeking high visibility and easy access for their clients. Don't miss this chance to establish your business in a prime Manhattan location. Contact us today to schedule a showing.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1985
Total area 2,448 SF
Lot 0.55 ac (23,958 SF)
Zoning code C-1
APN 216-24-0-30-04-001.00-0
UPID US33-0386297

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Daycare Center

Location

2605 Allison Ave Manhattan, KS 66502-3291
Manhattan metro Census 900 MANHATTAN, KS MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

Zoning & alternative use

C-1 · Manhattan, KS

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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