701 Bishop St Salina, KS 67401-2042
This exceptional 6,400 square foot commercial building located at 701 Bishop St, Salina, KS presents a remarkable investment opportunity. Situated on a 0.09-acre lot, the property boasts a versatile layout ideal for a multitude of uses. The existing interior features include a dance floor, stage, DJ booth, and a fully equipped bar area, making it perfectly suited for entertainment venues. Two bathrooms provide ample convenience for patrons. A unique feature is the inclusion of a one-car garage door with a dedicated docking area, offering additional storage or loading capabilities. The building's substantial size and adaptable design allow for a wide range of potential business ventures. The property's prime location in Salina, KS offers excellent visibility and accessibility, ensuring a strong foundation for success. This is a rare chance to acquire a substantial commercial property with significant upside potential. The asking price is $195,000. This presents a compelling opportunity for an investor seeking a high-return property with immediate income potential or a business owner looking for a ready-made space to establish their operations. The possibilities are endless. Don't miss this chance to own a piece of Salina's vibrant commercial landscape.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.