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    OFF-MARKET
    Commercial real estate

    306 Commercial St, Emporia, KS 66801

    Built 1895
    Property ID
    US33-1349914
    Property summary
    AI-generated overview

    This exceptional commercial property at 306 Commercial Street in Emporia, Kansas, presents a unique investment opportunity. The offering encompasses three interconnected buildings totaling over 16,000 square feet, providing significant versatility for a range of commercial uses. The main building, 306 Commercial, boasts 3,250 square feet of showroom and receiving space on the ground floor, complemented by 1,625 square feet of office space and an additional 1,625 square feet on the second floor, conveniently accessible via elevator. A 516-square-foot garage, accessible from the alley, adds further utility. Adjacent building 304 Commercial offers an impressive 10,750 square feet of space, distributed across four levels. This includes a full 3,250-square-foot basement, a 3,250-square-foot main floor, a 1,000-square-foot loft area, and a 3,250-square-foot second floor, all served by elevators. The electrical infrastructure is robust, featuring both 240-volt single-phase and 240-volt three-phase panels, ensuring ample power for diverse operational needs. Both elevators operate on three-phase power. This property's substantial size, versatile layout, and prime Emporia location make it an ideal investment for discerning buyers seeking a high-return commercial asset. The asking price is $249,900.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1895
    UPID US33-1349914
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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