224 N Main St - Restaurant FOR SALE


Mcpherson, KS 67460
$155,000 USD
620-245-1068
224 N Main St, Mcpherson, KS for Sale
$155,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

224 N Main St
Mcpherson, KS 67460


HIGHLIGHTS

  • Strategically located along Main Street in downtown McPherson, offering strong visibility and convenient access to local businesses and amenities.
  • Positioned within an established commercial corridor with consistent foot traffic and proximity to retail, dining, and service users.
  • Surrounded by a stable mix of local and regional businesses, supporting long-term occupancy and customer draw.
  • Convenient access to nearby arterial routes, providing connectivity throughout the McPherson market and surrounding areas.

OVERVIEW

Own a commercial building in a super location in beautiful downtown McPherson. In 2021, a new water line was put in between the meter and the building & the North exterior parapet wall was rebuilt and painted. In 2022, a complete new TPO roof system was put on the building. The sale includes the BUILDING ONLY as there are leases in place for the 2,500 sq ft in the 224 N Main address, and also the 1,000 sq ft of the 110 E Euclid address. This is a great investment opportunity for an investor to start or expand their commercial property portfolio. Building is being sold In Its Present Condition. Current lease for 224 N. Main is $1000/month and ends 06/30/31. Current lease for 110 E. Euclid is $540/month and is month-to-month.

FOR SALE DETAILS

PRICE

$155,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,720 SF

ZONING

B3

APN/PARCEL ID

138-28-0-20-28-003.00-0

ASK ABOUT THIS PROPERTY

Jeff OdermannFour Seasons RealtorsMore Info
620-245-1068

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Jeff OdermannFour Seasons RealtorsMore Info
620-245-1068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.