400 Main St Galena, KS 66739-1218
- Retail space
- 9,090 SF
- 0.13 lot acres
Current Use by Public Records
- Retail space
Property Details for 400 Main St
- Year built
- 1900
- Construction
- FRAME
- Lot size
- 0.13 lot acres
- Property size
- 9,090 SF
- Property type
- Retail space
- APN
- 206-14-0-40-18-001.00-0
- APU
- 2061404018001000
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Galena
- County
- Cherokee
- State
- Kansas
- Longitude
- -94.6395
- Latitude
- 37.077