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East Ross Avenue
Clearwater, KS 67026
Asking Price
$390K
Asset Type
Traditional Office Mixed-use
Class
Class B
What's Special
Office/Warehouse Space with Storage Unit Income <p><span style="color: rgba(0, 0, 0, 1)">Business Relocating! The original 1971 structure was purpose built for an IGA grocery store. After that it was an ALCO/Duckwall's retail store for many years. In the more recent past it has been remodeled into office spaces with a banquet center and added updated ADA men's and women's restrooms. The offices remain, but the banquet space was turned into a warehouse and a 12'wide by 10'tall garage door was added onto the front. The main 6,300 sqft building
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NOI
$80,000
Cap Rate
20.51%
DSCR
3.46
Strong
Cash-on-Cash
48.59%
Monthly Payment
$1,929.507
Annual Cash Flow
$56,845.913
