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Great Bend, NY Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Great Bend, New York Market population: 16K. Explore income-producing properties with verified cap rates...

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📊 Average Cap Rate For Great Bend KS Properties: 6.86%

⭐ Featured

190 Manhattan Ave, Buffalo, NY – Prime Multifamily Investment with 7.56% Cap Rate

$6,500,000
Buffalo Multifamily

Discover a compelling investment in Buffalo’s vibrant market with this 65,000-square-foot garden-style apartment prope...

Cap Rate 7.56%
NOI $491,400
Size 65,000 SF

📊 Avg Property Tax Rate For Great Bend KS Properties: 1.8000%

⭐ Featured

Prime Buffalo Multifamily Investment: 12-Unit Apartment Building with 6.16% Cap Rate

$1,750,000
Buffalo Multifamily

Discover a compelling multifamily investment opportunity in Buffalo, NY. This 12-unit apartment building, priced at $1,7...

Cap Rate 6.16%
NOI $107,842
Size 8,640 SF

Investor Questions For Great Bend KS

Common questions from investors exploring commercial real estate in Great Bend KS.

What's the overall investment outlook for Great Bend, KS, considering its demographics and economy? +
With a median household income of $40,657 and a poverty rate of 18.1%, Great Bend presents a mixed bag for investors, but the 84.3% health insurance coverage and relatively low 14.7-minute average commute time suggest a stable workforce, which is further supported by top industries like Finance & Insurance and Professional, Scientific, & Management Services.
How does the ethnic diversity and industry mix in Great Bend impact rental demand? +
The city's diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic populations, combined with its strong industries such as Transportation & Warehousing and Utilities, indicates a potential for a diverse rental market, which could be attractive for investors looking to capitalize on a broad tenant base.
What are the implications of Great Bend's housing market for real estate investors? +
The median property value of $76,500 and median property taxes of $4,224, along with a homeownership rate of 60.4%, suggest a relatively affordable housing market, which could be beneficial for investors, especially when considering the city's low average commute time and high health insurance coverage rate, indicating a stable and desirable place to live.
How does the commute time and method impact the quality of life for renters in Great Bend? +
The average commute time of 14.7 minutes, with top commute methods including driving alone, carpooling, and working from home, suggests a convenient and flexible lifestyle for residents, which, combined with the 84.3% health insurance coverage, points to a high quality of life that could attract and retain tenants, making the city an attractive option for real estate investors.
What role does income inequality play in assessing the investment potential of Great Bend? +
The GINI coefficient of 0.512 indicates a moderate level of income inequality, but when considered alongside the poverty rate of 18.1% and the median household income of $40,657, it suggests that investors should focus on affordable housing solutions that cater to the working-class population, which could be supported by the city's strong employment numbers and diverse industry base.

Great Bend KS Real Estate & City Facts

Key facts and real estate information about Great Bend KS.

What are some of the best neighborhoods to live in Great Bend? +
Some of the best neighborhoods to live in Great Bend include Broadway Ave, which is known for its quiet charm and dog-friendly parks. Other neighborhoods to consider are those near the Great Bend Zoo and the Kansas Wetlands Education Center.
What are some fun things to do in Great Bend? +
There are plenty of fun things to do in Great Bend, including visiting the Great Bend Zoo, the Kansas Wetlands Education Center, and the Wetlands and Wildlife Scenic Byway. You can also check out the Downtown Bronze Sculptures, the Barton Planetarium, and the Crest Theatre.
What is the food scene like in Great Bend? +
The food scene in Great Bend is diverse and delicious, with restaurants like Handlebar & Grill, Tellers 1872, and Braum's serving up everything from classic American fare to Thai cuisine. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Great Bend? +
The pros of living in Great Bend include its small-town charm, low cost of living, and easy access to outdoor recreation. However, some cons include the limited job opportunities and the potential for storm damage. Overall, Great Bend is a great place to live for those who value a tight-knit community and a relaxed pace of life.
Is Great Bend a good place to live? +
Yes, Great Bend is a good place to live for those who are looking for a small-town atmosphere with plenty of amenities and activities to enjoy. While it may not be the best fit for everyone, Great Bend is a great choice for families, retirees, and outdoor enthusiasts who want to experience the best of Kansas.
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