300 Cross St Burlington, KS 66839

Property Details for 300 Cross St

Property type

Commercial real estate

Description

This exceptional 1.57-acre commercial land parcel presents a unique investment opportunity in Burlington, Kansas. Strategically located at 300 Cross St, this property boasts unparalleled visibility and accessibility, situated less than 700 feet from a major intersection on Highway 75, experiencing daily traffic exceeding 6,000 vehicles. The high-traffic area is further enhanced by the presence of thriving neighboring businesses, including a Bomgaar's store, Hoover's Thriftway grocery, a hotel, hardware store, and several restaurants, creating a robust commercial environment. The property benefits from its proximity to Burlington High School and is zoned for commercial use. Coffey County offers one of the lowest property tax rates in Kansas, making this an attractive investment. The area is experiencing significant growth, with planned developments including a potential 65-70 room hotel, amphitheater, and restaurant complex adjacent to the north. This property is being sold via online auction beginning at noon on September 12th, 2024, with a dynamic closing starting at noon on September 13th, 2024. The legal description is Lots 17-24 in Section 23, Township 21 South, Range 15 East of the 6th P.M., Coffey County, Kansas. The asking price is $123,456,789. Contact the appropriate city officials for information regarding water, sewer, electrical, and zoning services. A preliminary title commitment is available for review. The property tax amount is $91.96. This is an exceptional opportunity to capitalize on the growth and potential of this prime commercial location.