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1145 Military Avenue
Baxter Springs, KS 66713
Asking Price
$235K
Asset Type
Sports/Entertainment Retail
Class
Class B
What's Special
Puttin'on the Ritz <p>Step into a piece of American history with the iconic Ritz Theatre, a treasured landmark located on Historic Route 66 in downtown Baxter Springs, Kansas. Originally opened in 1926—the same year Route 66 was established—the Ritz has welcomed generations of moviegoers, visitors, and community members through its doors and remains one of the most recognizable buildings along Kansas' historic Route 66 corridor.</p><p>Offering approximately 4,930 square feet, 235 theater seats, and two bathrooms,
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NOI
$80,000
Cap Rate
34.04%
DSCR
5.73
Strong
Cash-on-Cash
93.69%
Monthly Payment
$1,162.652
Annual Cash Flow
$66,048.179
