129 8Th StHorton, KS 66439

  • Retail space
  • 2,050 SF
For Sale
$49,900 View listing

Property Details for 129 8Th St

Year built
1900
Construction
FRAME
Lot size
0.07 AC
Property size (Sq ft)
2,050 SF
Zone code
C2
Property type
Retail space
APN
158-33-0-30-06-005.00-0
APU
1583303006005000

Description

This unique, centrally located Horton, Kansas commercial property presents a fantastic investment opportunity. Priced at $49,900, the sale includes the building and all its contents. The property features a classic, antique bar as its centerpiece, adding to the timeless charm of the establishment. The pool hall itself is equipped with both snooker and pool tables, catering to a variety of players and ensuring diverse entertainment options. Beyond the main pool hall area, a sizable attached workshop provides ample space for storage, repairs, or even expansion of the business. This workshop offers significant potential for customization and additional revenue streams. The building's prime location in Horton ensures high visibility and accessibility for customers. This is a rare chance to acquire an established business with significant historical character and immediate earning potential. The sale encompasses the commercial building and all existing contents, providing a turnkey operation ready for a new owner. No additional equipment or furnishings are required to begin operations. This is a truly exceptional opportunity to own a piece of Horton's history and establish a thriving business. The property is located at 129 East 8th Street, Horton, KS. Serious inquiries only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $435,470
    6.5%
    $401,972
    7%
    $373,260
  • Comparable approach

    Method
    Valuation
    Relative Method
    $152,502
    Geo Method
    $152,502
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $801,439
    Mixed-Use / Specialty
    $393,445
    Hospitality / Lodging
    $279,423
    Office
    $383,719
    Institutional / Educational
    $406,489
    Residential Income
    $475,593
    Multifamily
    $609,726
    Automotive / Energy
    $348,419
    Parking / Income-Based Land
    $127,244
    Restaurant / Food Service
    $189,495
    Healthcare / Senior Housing
    $410,745

Location Insight

City
Horton
County
Brown
State
Kansas
Latitude
39.6597
Longitude
-95.5266

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$465
$333
$3,185
$3,518
-
$1,330
$12,740
$14,070

FAQs

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