505 Housatonic St Burlington, KS 66839-1712
This exceptional 11,879 square foot retail storefront, located at 505 Housatonic St in Burlington, Kansas, presents a unique investment opportunity. Situated on a 2.2-acre lot, this property boasts a relatively new building in excellent condition. The property's previous use as a Wal-Mart Market provides a strong foundation for a variety of retail ventures. A significant advantage is the inclusion of gas pumps, underground tanks, and a complete fuel dispensing infrastructure, offering potential for added revenue streams. The strategic location adjacent to Chevrolet/Buick and Ford dealerships ensures high visibility and significant foot traffic. Furthermore, the property benefits from proximity to other established retailers, including Sonic, Subway, Pizza Hut, Dairy Queen, Casey's General Store, Shopko, and Dollar General, creating a vibrant and attractive commercial environment. The asking price for this turnkey retail space is $350,000, making it an attractive proposition for investors seeking a well-located, established property with significant potential. The property is zoned for commercial use and is located in Coffey County, Kansas, zip code 66839. This prime location offers excellent access and visibility, making it an ideal space for a variety of retail businesses. The property's size and existing infrastructure provide ample opportunity for expansion and customization to suit the needs of a new owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.