607 Main St Neodesha, KS 66757-1632
- Retail space
- 2,500 SF
- 0.08 lot acres
Current Use by Public Records
- Retail space
Property Details for 607 Main St
- Year built
- 1900
- Lot size
- 0.08 lot acres
- Property size
- 2,500 SF
- Property type
- Retail space
- APN
- 194-20-0-30-33-003.00-0
- APU
- 1942003033003000
Description
This exceptional commercial property, located at 607 Main Street in Neodesha, Kansas, presents a unique investment opportunity. Built in 1900, this two-story building sits on a 0.08-acre lot and is currently listed at $64,000. The ground floor offers versatile commercial space, currently vacant, with the potential for division into two separate rental units, significantly increasing cash flow. Its prime downtown location makes it ideal for a variety of businesses. Adding to its appeal, the upper level features the possibility of three apartments, two of which are already generating rental income. This presents a blended income stream opportunity, combining commercial and residential revenue. The building's age offers character and charm, while its adaptable layout allows for customization to suit diverse business needs. The property's address is 607 Main Street, Neodesha, KS 66757, situated in Wilson County. This is a rare chance to acquire a well-positioned commercial property with significant upside potential in a thriving Kansas community. The property's size and layout provide flexibility for a range of commercial ventures, complemented by the existing rental income from the upper-level apartments. This presents a compelling investment opportunity for those seeking a blend of commercial and residential income streams.
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
- Neodesha
- County
- Wilson
- State
- Kansas
- Longitude
- -95.6815
- Latitude
- 37.4172
