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Property profile & analytics
OFF-MARKET
Retail space

400 Main St Galena, KS 66739-1218

9,090 SF 0.13 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
Property ID
US33-1231007
Property summary
AI-generated overview

This exceptional 16,738 square foot retail property, situated on 0.84 acres of land in historic Galena, Kansas, presents a remarkable investment opportunity. Located directly on Route 66, this property boasts impressive road frontage on three sides, ensuring high visibility and accessibility. The building offers a blend of existing rental units, generating immediate income, and ample space for expansion or further development. Recent upgrades, including newer HVAC systems and a recently replaced roof, minimize immediate capital expenditure needs. The property's strategic location within a thriving commercial district, surrounded by popular restaurants and shops, guarantees a steady stream of both local and tourist traffic. This versatile property is ideal for a variety of uses, including continued rental income, Airbnb operations, or the establishment of new retail ventures. The combination of its prime location, existing income stream, recent upgrades, and significant expansion potential makes this a truly unique and compelling investment opportunity in a vibrant and historic setting. The asking price is $400,000. This is a chance to own a piece of Route 66 history with significant future upside.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction FRAME
Total area 9,090 SF
Lot 0.13 ac (5,663 SF)
APN 206-14-0-40-18-001.00-0
UPID US33-1231007
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
ERIC S BEEBE
ERIC S BEEBE
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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