517 Commercial StAtchison, KS 66002

Property Details for 517 Commercial St

Year built

1910

Lot size

0.15 AC

Property size (Sq ft)

7,848 SF

Property type

Retail space

APN

31030602021005000

APU

31030602021005000

Description

This exceptional 9,372 square foot storefront property, located at 517 Commercial Street in Atchison, Kansas, presents a remarkable investment opportunity. Built in 1910, this single-story building sits on a 0.15-acre lot and offers a versatile layout ideal for a variety of retail or office uses. The main floor encompasses 6,672 square feet, featuring a large, inviting entryway at both the front and rear, two office/storage rooms, and a kitchen area. A prominent display window facing Commercial Street ensures high visibility and attracts potential customers. Upstairs, the property boasts two bathrooms, one large open room, and five additional separate rooms, providing ample space for expansion or diverse uses. The property's prime location in Atchison, Kansas, zip code 66002, offers excellent access to local businesses and a thriving community. The asking price is $475,000. This historic building is ready for its next chapter, offering significant potential for a savvy investor or business owner. Don't miss this chance to own a piece of Atchison's rich commercial history.

• CAP approach

  CAP return

  Valuation

  6%

  $1,667,910

  6.5%

  $1,539,610

  7%

  $1,429,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $583,822

  Geo Method

  $583,822

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,068,520

  Mixed-Use / Specialty

  $1,507,400

  Hospitality / Lodging

  $1,071,140

  Office

  $1,470,610

  Institutional / Educational

  $1,557,530

  Residential Income

  $1,822,310

  Multifamily

  $2,333,740

  Automotive / Energy

  $1,335,030

  Parking / Income-Based Land

  $487,105

  Restaurant / Food Service

  $726,974

  Healthcare / Senior Housing

  $1,573,210

Location Insight

City

Atchison

County

Atchison

State

Kansas

Latitude

39.5622

Longitude

-95.12

CBSA code

11860

CBSA name

ATCHISON, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].