Share This Listing

Message

953 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Revenue increased 32.2% year over year from 2024 to 2025.
  • Diverse room mix serves business travelers, families, and group guests.
  • Occupancy improved from 30.4% to 41.45%, reflecting growing demand.
  • Dedicated truck parking accommodates oversized vehicles and contractor traffic.

Executive Summary

817 W Main St presents the opportunity to acquire a 27-room hospitality asset with a diverse room mix consisting of single, double, and triple-bed accommodations, allowing it to serve a broad range of guests including business travelers, contractors, families, and group visitors. An on-site manager’s apartment provides operational flexibility and supports efficient property management.
The hotel benefits from a visible location along the community’s primary commercial corridor with convenient access to local restaurants, services, employers, and community attractions. Demand is supported by nearby economic drivers including Lyons Salt Company, Lyons Regional Hospital, Rice County Detention Center, area contractors, and regional visitors attending events at local venues and the Kansas State Fairgrounds.
Operational performance has demonstrated meaningful improvement, with revenue increasing from $224,541 in 2024 to $296,796 in 2025, representing approximately 32.2% year-over-year growth. Occupancy also increased from 30.4% to 41.45%, reflecting improving market penetration and guest demand. Dedicated truck parking provides additional accommodation for oversized vehicles and commercial travelers, creating a differentiating feature within the local lodging market.

Property Facts

Price $1,378,000 CAD
Price Per Room $51,037 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 2.93 AC
Building Size 10,864 SF
No. Rooms 27
No. Stories 2
Year Built/Renovated 1987/2012
Parking Ratio 2.76/1,000 SF
Corridor Interior
Zoning C2

Amenities

  • High Speed Internet Access
  • Public Access Wifi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 27 $101.97 CAD -
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
088-33-0-30-03-017.00-0
Land Assessment
$8,440 CAD
Improvements Assessment
$171,037 CAD
Total Assessment
$179,478 CAD
  • Listing ID: 41835953

  • Date on Market: 2026-08-21

  • Last Updated:

  • Address: 817 W Main St, Lyons, KS 67554

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}