About This Restaurant
Investment Highlights
3 street intersection, great accessibility and visibility New development all around 1 Mile off of the interstate College town with a county seat
Executive Summary
Prime location. It has 2.19 acres per survey located on 59 HWY (Main Street) just 2 blocks from new Price Chopper Store with a stop light at the corner. Daylight Donuts leased building for 3 yrs and opening 2700 sq. ft. building March 15, 2024. Billboard fully leased provides $12,000 rental per year.
Property Details
- Sale Type Investment
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Bank General Retail Restaurant Office Medical Freestanding
- Building Size 2,700
- Building Class C
- Year Built/Renovated 1940/1992
- Price 725,000
- Price Per SF 269
- Cap Rate 4.97
- NOI 36,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 2.19 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Taxes
| Parcel Number | 131-11-0-10-13-001.00-0 | Improvements Assessment | $39,595 |
| Land Assessment | $43,083 | Total Assessment | $82,678 |
| Date Created: | 2024-07-16 04:16:15 | Last Updated: | 2024-07-16 04:16:15 |
| Address: | 112 E 17th St , Ottawa, Kansas, 66067 | ||