817 W Main St - Hospitality FOR SALE


Lyons, KS 67554 | 
$1,000,000 USD
316-262-2442
817 W Main St, Lyons, KS for Sale
$1,000,000 USD
Hospitality - FOR SALE
1/11
null | Request Cap Rate

817 W Main St
Lyons, KS 67554


HIGHLIGHTS

  • Revenue increased 32.2% year over year from 2024 to 2025.
  • Occupancy improved from 30.4% to 41.45%, reflecting growing demand.
  • Diverse room mix serves business travelers, families, and group guests.
  • Dedicated truck parking accommodates oversized vehicles and contractor traffic.

OVERVIEW

817 W Main St presents the opportunity to acquire a 27-room hospitality asset with a diverse room mix consisting of single, double, and triple-bed accommodations, allowing it to serve a broad range of guests including business travelers, contractors, families, and group visitors. An on-site manager’s apartment provides operational flexibility and supports efficient property management. The hotel benefits from a visible location along the community’s primary commercial corridor with convenient access to local restaurants, services, employers, and community attractions. Demand is supported by nearby economic drivers including Lyons Salt Company, Lyons Regional Hospital, Rice County Detention Center, area contractors, and regional visitors attending events at local venues and the Kansas State Fairgrounds. Operational performance has demonstrated meaningful improvement, with revenue increasing from $224,541 in 2024 to $296,796 in 2025, representing approximately 32.2% year-over-year growth. Occupancy also increased from 30.4% to 41.45%, reflecting improving market penetration and guest demand. Dedicated truck parking provides additional accommodation for oversized vehicles and commercial travelers, creating a differentiating feature within the local lodging market.

FOR SALE DETAILS

PRICE

$1,000,000 USD

PRICE/SF

$92 USD /SF

# OF ROOMS

27

PRICE/ROOM

$37,037 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lyons Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1987

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.93 AC

LAND SF

127,631 SF

ZONING

C2

APN/PARCEL ID

088-33-0-30-03-017.00-0

ASK ABOUT THIS PROPERTY

Josh TurnerKeller Williams Signature PartnersMore Info
316-262-2442

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Josh TurnerKeller Williams Signature PartnersMore Info
316-262-2442

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