For Sale
$850,000

1605 Main St Ottawa, KS 66067

High-traffic retail space, strong lease in place.

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional freestanding retail storefront, located at 1605 S Main Street S in Ottawa, Kansas, presents a compelling investment opportunity. The 45,900 square foot lot houses a well-maintained, single-story building constructed in 1954, formerly occupied by Aldi's. The property boasts a newly installed 20-year roof (2023) and a recently sealed and striped parking lot (2023), ensuring low maintenance costs for the foreseeable future. Currently leased to a strong tenant with a lease extending through 2026, this provides immediate and consistent cash flow. The property's high-traffic location on a busy thoroughfare offers excellent visibility and accessibility, making it ideal for a variety of businesses. The expansive lot size also presents the potential for future expansion with the addition of further structures. This turnkey operation, situated in the desirable Franklin County, Kansas, zip code 66067, offers a rare blend of immediate return and long-term growth potential. The asking price is $850,000.

Highlights

  • Exceptional freestanding retail storefront in Ottawa, KS (66067).
  • 45,900 SF lot with a 4,500 SF single-story building (built 1954), formerly Aldi's.
  • New roof (2023) and recently sealed parking lot (2023).
  • Leased through 2026, providing immediate cash flow.
  • High-traffic location on S Main Street with excellent visibility.
  • Potential for future expansion.

Property Details for 1605 Main St

Property type
Retail properties, Retail space
Year Built
1954
Stories
1

Location Insight

City
Ottawa
County
Franklin, KS
State
Kansas
Latitude
38.5919918
Longitude
-95.2684107

FAQs

What type of property is this?
Retail property - High-traffic retail space, strong lease in place.
Where is the retail property located?
The property is located at 1605 Main St Ottawa, KS.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Exceptional freestanding retail storefront in Ottawa, KS (66067).; 45,900 SF lot with a 4,500 SF single-story building (built 1954), formerly Aldi's.; New roof (2023) and recently sealed parking lot (2023).
How can I contact the broker?
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1605 Main St
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