609 Cedar St Perry, KS 66073-4357
This exceptional 14,634-square-foot retail property, located at 609 Cedar Street in Perry, Kansas, presents a unique investment opportunity. Previously operating as a grocery store, this building offers significant potential for a variety of commercial uses. The property sits on a 0.3-acre lot and boasts convenient highway access via HWY 24, placing it just three miles from Perry Lake. This strategic location benefits from high traffic volume, attracting individuals traveling between Lawrence and Manhattan, as well as lake-bound visitors. Built in phases (1975 and 1996), the structure includes a smaller storage shed, adding to its functional versatility. The asking price is $400,000, translating to a price per square foot of $27.33. The property is zoned for Commercial and Industrial use, opening doors to a wide range of redevelopment possibilities. This is an ideal location for businesses seeking high visibility and convenient access to a substantial customer base. The property's history as a successful grocery store provides a solid foundation for future success, while its flexible zoning allows for adaptation to diverse business needs. Serious inquiries are encouraged to explore the full potential of this prime commercial real estate offering.
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ATM Atm Convenience Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Comparables
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.