19 Maple StChetopa, KS 67336

Property Details for 19 Maple St

Year built

1986

Lot size

0.54 AC

Property type

Grocery and convenience stores

APN

207-35-1-30-10-005.00-0

APU

2073513010005000

Description

This exceptional 0.33-acre commercial property, located at 19 Maple N/A Street in Chetopa, Kansas, presents a unique investment opportunity. The 6,000 square foot building, constructed in 1967, boasts a single story and sturdy red iron beams, offering remarkable versatility. Situated on the Neosho River and a busy highway, this property enjoys high visibility and accessibility. Its prime location makes it ideal for a variety of commercial ventures, including a hunting or fishing lodge, restaurant, or even a short-term rental property combined with a business. The possibilities are extensive, allowing for creative adaptation to suit diverse business needs. An older cooler is included in the sale. The asking price has been recently reduced by $10,000, reflecting the seller's motivation. This sale includes only the building and land

• CAP approach

  CAP return

  Valuation

  6%

  $3,038,774

  6.5%

  $2,805,022

  7%

  $2,604,663

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,274,582

  Geo Method

  $4,274,582

• Alternative Use

  Use

  Valuation

  Residential

  $2,366,141

  Hospitality

  $2,167,372

  Educational

  $1,803,228

  Medical

  $1,865,244

  Retail

  $2,805,022

Location Insight

City

Chetopa

County

Labette

State

Kansas

Latitude

37.0373

Longitude

-95.0821

CBSA code

37660

CBSA name

PARSONS, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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