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    331 Commercial St Emporia, KS 66801
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    Property profile & analytics

    331 Commercial St Emporia, KS 66801


    • Retail space
    • 5,725 SF
    • 0.07 lot acres
    Emporia Multi-Property Investment Opportunity For Sale
    $600,000

    Emporia Multi-Property Investment Opportunity

    Five Structures, High Rental Income Potential

    331 Commercial St, Emporia, KS 66801
    View Listing
    Property ID
    US33-1118391
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Spartan Staffing / Employment Agency

    Property Details for 331 Commercial St

    Year built
    1890
    Lot size
    0.07 lot acres
    Property size
    5,725 SF
    Property type
    Retail space
    APN
    195-15-0-20-15-001.00-0
    APU
    1951502015001000

    Description

    This exceptional investment opportunity encompasses five structures across four distinct properties in Emporia, Kansas, offering substantial rental income and significant potential for future growth. The portfolio includes a triplex at 502 Neosho Street featuring one two-bedroom and two remodeled one-bedroom apartments, all currently leased. Also included is a renovated three-bedroom, one-bath, 1 1/2-story home at 717 East Street. A one-bedroom, one-bath home at 504 Chestnut Street is bundled with a four-bedroom, one-bath bungalow at 896 West 5th Street, both featuring crawl spaces. The cornerstone of this investment is the commercial property located at 331 Commercial Street. This building boasts two separate commercial rental spaces on the main floor and four residential apartments upstairs. Three of the four upstairs units and both main floor commercial spaces are currently leased, generating a combined monthly income of $2,550. This diverse portfolio presents a rare chance to acquire a substantial, income-producing real estate package in a desirable location. The properties offer a blend of residential and commercial income streams, providing a robust and diversified investment strategy. This is an ideal opportunity for investors seeking a turnkey portfolio with immediate cash flow and long-term appreciation potential. The properties are sold as a package.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Emporia
    County
    Lyon
    State
    Kansas
    Longitude
    -96.1806
    Latitude
    38.4025
    CBSA code
    21380
    CBSA name
    EMPORIA, KS MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $2,758
    $2,385
    $23,590
    $25,975
    -
    $9,540
    $94,360
    $103,900
    View Listing
    More about this property
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