129 6Th StConcordia, KS 66901

Property Details for 129 6Th St

Year built

1895

Lot size

0.19 AC

Property size (Sq ft)

9,520 SF

Property type

Retail space

APN

038-33-0-30-10-008.00-0

APU

383303010008000

Description

This exceptional three-story office building, located at 129 W 6th in Concordia, Kansas, presents a significant investment opportunity. Boasting over 8,900 square feet of versatile space, including a full basement, this property offers ample room for a variety of uses. Large front windows provide excellent natural light and street visibility, enhanced by a charming balcony. The building's convenient features include three half-bathrooms and an elevator, ensuring accessibility and functionality. A recent roof inspection (four years ago) confirms its structural integrity, while multiple heating and air conditioning units guarantee efficient climate control throughout. The asking price is $165,000. Situated in the heart of downtown Concordia (zip code 66901), this property benefits from high visibility and easy access to local amenities. Its substantial size and adaptable layout make it ideal for a range of businesses or even potential conversion to apartments. This is a rare chance to acquire a substantial commercial property in a thriving Kansas community. Don't miss this chance to own a piece of Concordia's downtown.

• CAP approach

  CAP return

  Valuation

  6%

  $1,857,220

  6.5%

  $1,714,350

  7%

  $1,591,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $708,204

  Geo Method

  $708,204

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,315,100

  Mixed-Use / Specialty

  $1,719,580

  Hospitality / Lodging

  $1,276,360

  Office

  $1,721,170

  Institutional / Educational

  $1,791,720

  Residential Income

  $2,096,310

  Multifamily

  $2,451,360

  Automotive / Energy

  $1,535,760

  Parking / Income-Based Land

  $518,772

  Restaurant / Food Service

  $918,556

  Healthcare / Senior Housing

  $1,751,770

Location Insight

City

Concordia

County

Cloud

State

Kansas

Latitude

39.5719

Longitude

-97.6606

Property Tax & Assessments

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