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204 E Grant Ave 7,577 SF Vacant Retail Building Junction City, KS 66441 $1,388,940 CAD ($183.31 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Prime location near Fort Riley with high visibility and traffic.
  • Includes successful Seoul Oriental Restaurant and market.
  • Turnkey investment with immediate cash flow potential.
  • Fully leased retail center with strong tenant history.
  • Ample off-street parking for customers and tenants.

EXECUTIVE SUMMARY

204 E Grant Ave in Junction City is a vibrant strip mall located just outside the gate to Fort Riley, offering high traffic and excellent visibility. The property includes both the building and the well-established Seoul Oriental Restaurant-Food Market, which occupies 4,505 square feet and has been successfully operating since its construction in 2007. Fixtures, equipment, and lighted signage are included in the sale. Three additional rental spaces are leased to a hair salon, an alterations business, and a long-term tenant, Papa John’s Pizza, providing steady income. The site features plentiful off-street parking and is situated in a commercial area with city sewer service and central air cooling. This turnkey business opportunity presents a rare chance to own a fully leased retail center in a growing market, with strong tenant history and immediate cash flow potential.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,577 SF
Building Class
B
Year Built
2007
Price
$1,388,940 CAD
Price Per SF
$183.31 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
1.10 AC
Zoning
CS - Service Commercial District
Parking
28 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
113’ on E Grant Ave

NEARBY MAJOR RETAILERS

Navy Federal Credit Union
CrossFit
Rent-A-Center
Dillons

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
111-01-0-20-01-005.00-0
Land Assessment
$2,619 CAD
Improvements Assessment
$175,179 CAD
Total Assessment
$177,798 CAD
  • Listing ID: 34189937

  • Date on Market: 2024-12-13

  • Last Updated:

  • Address: 204 E Grant Ave, Junction City, KS 66441

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