Chanute, KS Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Chanute, Kansas Market population: 9K. Explore income-producing properties with verified cap rates and operating...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Chanute KS Properties: 1.4200%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Chanute KS
Common questions from investors exploring commercial real estate in Chanute KS.
What's the overall investment potential of Chanute, KS, considering its demographics and economy?
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The city's median household income of $38,075, combined with a poverty rate of 21.5% and a high health insurance coverage of 87.5%, suggests a stable market with opportunities for affordable housing investments, particularly given the strong presence of public administration and transportation industries.
How does the city's ethnic diversity and industry landscape impact real estate demand?
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The diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, alongside a mix of industries such as public administration, transportation, and finance, indicates a robust demand for housing from a variety of professional backgrounds, potentially supporting rental yields.
What are the implications of Chanute's commute times and transportation methods for real estate investors?
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The average commute time of 13 minutes, with top methods including driving alone, carpooling, and working from home, suggests a convenient and flexible transportation network, which can enhance the attractiveness of properties for both renters and buyers, thereby supporting property values and rental income.
How do the city's poverty rate, health insurance coverage, and employment statistics influence tenant quality and stability?
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The 21.5% poverty rate, although relatively high, is somewhat mitigated by the 87.5% health insurance coverage, indicating a level of employment stability and access to healthcare, which can contribute to more reliable tenants and reduced vacancy rates for investors.
What insights can be gleaned from Chanute's housing market statistics, such as median property value and homeownership rate, for investment decisions?
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The median property value of $65,100 and a homeownership rate of 64.6% suggest an affordable housing market with a significant portion of the population invested in their homes, which can indicate a stable community and potential for long-term property appreciation, making it an attractive consideration for real estate investors.
Chanute KS Real Estate & City Facts
Key facts and real estate information about Chanute KS.
What are some of the best neighborhoods to live in Chanute?
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Some of the best neighborhoods to live in Chanute include Westview Dr/Sunset Ave, which is known for being peaceful and family-friendly. Other neighborhoods like Canville Township are also popular, with a grade B rating. However, it's worth noting that like many small towns, there can be issues with meth and some areas may have a higher concentration of run-down houses.
What are some fun things to do in Chanute?
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Chanute has a variety of attractions, including the Martin and Osa Johnson Safari Museum, the Chanute Art Gallery, and the Chanute-Wright Brothers Memorial. Visitors can also explore the town's historical significance and enjoy outdoor activities. Additionally, the town is within an hour of many tourist attractions in southeast Kansas, making it a great base for exploration.
What is the food scene like in Chanute?
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The food scene in Chanute includes a range of options, such as The Grain Bin Restaurant, Opie's Pizza and Grill, and The Outsiders Bar & Grill. There are also several diners, including the Farm House Cafe and Do-B's, as well as Mexican and Italian restaurants like El Rincon and Joe's Italian Restaurant. While the options may not be extensive, there are some hidden gems to discover.
What are the pros and cons of living in Chanute?
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The pros of living in Chanute include its peaceful and family-friendly atmosphere, low cost of living, and access to outdoor activities. However, the town also faces challenges such as a higher-than-average poverty rate and limited job opportunities. Additionally, some residents have noted issues with meth and run-down houses in certain areas. Overall, Chanute can be a great place to live for those who value a small-town lifestyle and are willing to look beyond its limitations.
Is Chanute a good place to live?
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Whether Chanute is a good place to live depends on individual preferences and priorities. For those who value a close-knit community, outdoor activities, and a low cost of living, Chanute may be an excellent choice. However, for those seeking a more urban lifestyle, diverse job opportunities, or a wider range of cultural attractions, Chanute may not be the best fit. Ultimately, it's essential to weigh the pros and cons and consider what matters most to you when deciding whether Chanute is a good place to call home.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Chanute KS Commercial Property: $38,075
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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