For Sale
$400,000

400 Main St Galena, KS 66739

Historic Route 66 Airbnb potential. High rental income.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a remarkable 0.84-acre property situated on historic Route 66 in Galena, Kansas. The property encompasses four buildings, totaling 16,738 square feet, constructed in 1878 and featuring two stories each. Currently configured as an apartment building, this multifamily property offers significant potential for various uses, including Airbnb rentals, monthly leases, or even retail space. The property boasts road frontage on three sides, providing excellent visibility and accessibility. Several units are already generating rental income, offering immediate return on investment. Recent upgrades, including newer HVAC systems and roof, minimize immediate maintenance concerns. Located in a thriving area with popular restaurants and shopping, the property benefits from high foot traffic and strong local and tourist appeal. The substantial lot size also allows for future expansion and development, making this a truly unique and versatile investment opportunity in a prime location. The asking price is $400,000, translating to $23.90 per square foot. This property presents a rare chance to acquire a piece of history with significant modern potential.

Highlights

  • $400,000 asking price for a historic Route 66 property.
  • 16,738 square feet on a 0.84-acre lot in Galena, Kansas.
  • Four buildings, two stories each, built in 1878.
  • Property includes apartment building with some units currently rented, offering immediate income potential.
  • Recent upgrades include newer HVAC systems and roof.
  • Prime location on Route 66 with three-sided road frontage, near restaurants and shopping.

Property Details for 400 Main St

Property type
Retail properties, Office properties
Square Feet
16,738 SF
Year Built
1878
Buildings
4
Stories
2
Lot Size (sq. ft)
36,590 SF

Location Insight

City
Galena
County
Cherokee
State
Kansas
Latitude
37.077223822522
Longitude
-94.639438829976

FAQs

What type of property is this?
Retail property - Historic Route 66 Airbnb potential. High rental income.
Where is the retail property located?
The property is located at 400 Main St Galena, KS.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: $400,000 asking price for a historic Route 66 property.; 16,738 square feet on a 0.84-acre lot in Galena, Kansas.; Four buildings, two stories each, built in 1878.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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400 Main St
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