108 3Rd StAbilene, KS 67410

Property Details for 108 3Rd St

Year built

1910

Lot size

0.05 AC

Property size (Sq ft)

2,207 SF

Property type

Retail space

APN

115-16-0-30-26-008.01-0

APU

1151603026008010

Description

This exceptional 2,185 square foot storefront property, located at 108 NW 3rd St in Abilene, Kansas, presents a unique investment opportunity. Built in 1910, this single-story building boasts a prime location along a main traffic corridor in Abilene's historic downtown district. The property is currently 50% occupied, featuring a retail/office space in the front and a separate residential apartment in the rear. The apartment is currently leased, providing immediate rental income. The asking price is $180,000, translating to $82.38 per square foot. This is a triple net (NNN) lease arrangement for a multi-tenant property. The building offers significant potential for a variety of commercial uses, capitalizing on its high-visibility location and the charm of Abilene's historic downtown. The combination of commercial and residential space provides a diversified income stream. This is a rare opportunity to acquire a well-situated property in a thriving Kansas community. The property's address is 108 NW 3rd St, Abilene, KS 67410. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $560,674

  6.5%

  $517,545

  7%

  $480,577

• Comparable approach

  Method

  Valuation

  Relative Method

  $397,824

  Geo Method

  $397,824

• Alternative Use

  Use

  Valuation

  Residential

  $436,568

  Hospitality

  $399,894

  Educational

  $332,707

  Medical

  $344,150

  Retail

  $517,545

Location Insight

City

Abilene

County

Dickinson

State

Kansas

Latitude

38.9176

Longitude

-97.2144

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].