303 Pacific AveSalina, KS 67401

Property Details for 303 Pacific Ave

Year built

1936

Lot size

0.38 AC

Property size (Sq ft)

16,500 SF

Property type

Warehouses

APN

081-12-0-20-08-001.00

APU

81120200800100

Description

This exceptional 25,000 square foot industrial property, situated on a 0.38-acre lot at 303 W Pacific Ave in Salina, Kansas, presents a unique investment opportunity. Its strategic location offers easy access to I-70 and 135, enhancing its commercial viability. The building boasts a blend of steel and brick construction and is zoned for Commercial/Industrial and Retail uses, allowing for diverse applications. Recent upgrades significantly enhance its value, including a four-year-old TPO roof with a transferable warranty, updated three-phase electrical, plumbing, HVAC systems, flooring, paint, and appliances. The property features a 1,725 square foot showroom complete with a built-in concrete and steel safe, multiple office spaces on both the main floor and upstairs, four bathrooms, and two loft apartments each equipped with full kitchens. A bar area and abundant attic storage add to its versatility. Two basements provide ample additional space. A heated 5,500 square foot central warehouse includes existing mezzanine storage and a new 12x12 insulated overhead door. An additional 5,500 square foot heated south warehouse, ideal for rental income, features a paint booth, office space, water and electrical hookups, and two overhead doors (14x12 and 10x8). Ample parking is available both on and off-street. This property offers a compelling combination of existing income potential and significant future development possibilities.

• Alternative Use

  Use

  Valuation

  Residential

  $3,263,878

  Hospitality

  $2,989,695

  Educational

  $2,487,391

  Medical

  $2,572,936

  Retail

  $3,869,275

Location Insight

City

Salina

County

Saline

State

Kansas

Latitude

38.8559

Longitude

-97.6117

CBSA code

41460

CBSA name

SALINA, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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