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201 W Trapp St 5,400 SF 100% Leased Retail Building Herington, KS 67449 $145,000 ($26.85/SF)



Executive Summary
MOTIVATED SELLER! Owner is Retiring! **ONE BUILDING, TWO SPACES, ENDLESS POSSIBILITIES!** Step into an opportunity where business meets charm and your investment dreams can take form! Located in a welcoming small-town setting, this spacious commercial property offers an **ACTIVE RESTAURANT on one side and a VACANT COMMERCIAL SPACE on the other**—keep one producing while you put your creative touch on space number two! The restaurant side is ready to **TURN THE KEY AND START THE DAY**, with business equipment and furnishings included—refrigerators, ice maker, fryer, dining tables, furniture, and more. Walk in, get situated, and keep the operation moving! Clean, inviting, and filled with small-town atmosphere, this is a place where customers can come to eat, meet, sit, and stay. The other side opens the door to opportunity galore! Bring in a **retail shop, professional offices, boutique, service business, specialty store, or your own creative concept.** Run two businesses, lease one side for additional income, or create a combination that works for you. **One roof, two spaces—double the vision and double the places!** Fully remodeled approximately ten years ago, the property has been well cared for and features a **newer water heater, three separate HVAC units**, and a clean, well-maintained interior. Outside, you'll find a **gigantic lot with plenty of parking**, giving customers, employees, and future tenants room to come and go with ease. Enjoy that charming **small-town feel**, a well-established downtown atmosphere, and convenient access to the surrounding area and nearby lake recreation. Whether you're an entrepreneur looking for a ready-to-go restaurant, an investor searching for multiple income possibilities, or a buyer with a vision for restaurant, retail, office, or mixed commercial use, **THIS PROPERTY IS READY FOR YOUR NEXT MOVE!** **Serve a plate, open a store, lease a space and earn some more!** Keep the restaurant rolling, bring the vacant side alive, and turn this versatile commercial property into an investment designed to thrive. **Great space, great place, and opportunity at your pace!** Come see the possibilities in person.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,400 SF
Building Class
C
Year Built
1970
Price
$145,000
Price Per SF
$26.85
Percent Leased
100%
Building Height
1 Story
Building FAR
0.25
Lot Size
0.50 AC
Frontage
105’ on Trapp St
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 266-13-0-20-05-004.00-0 | Improvements Assessment | $10,513 |
| Land Assessment | $1,845 | Total Assessment | $12,358 |
Property Taxes
Parcel Number
266-13-0-20-05-004.00-0
Land Assessment
$1,845
Improvements Assessment
$10,513
Total Assessment
$12,358
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201 W Trapp St
