511 Western Ave Girard, KS 66743-1152
This exceptional 32,540 square foot property, located at 511 N Western Ave in Girard, Kansas, presents a unique investment opportunity. Built in 1967, this single-story building sits on a 4-acre lot and is zoned R-3, offering significant flexibility for redevelopment. Currently vacant, the former senior living facility features 58 bedrooms and 47 restrooms, along with ample common areas including dining space, a kitchen, and a physical therapy area. Architectural details include interior crown molding and VCT flooring and carpet, while the exterior boasts beautiful brickwork and outdoor pillars. The property also includes an oversized iron-framed garage/shop and outbuildings, providing additional space for various uses. Existing infrastructure includes plumbing, electrical systems, boiler heating, chiller cooling, and a fire suppression system, along with fire rock on the walls, potentially reducing redevelopment costs. The expansive grounds offer opportunities for landscaping, outdoor amenities, or expansion. The asking price is $495,000, translating to $15.21 per square foot. Note: this property will not be sold for use as a future long-term care or assisted living facility. This is a prime location for a variety of uses, including but not limited to independent living, office space, multi-family housing, or community housing.
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.