123 N Broadway St, Pittsburg, KS
Retail for Sale - 5,494 Sq. Ft. on 0.19 acres
Agent Info
| Abby Lallemand |
Property Info
| CIMLS# | 1189588 |
| Location 123 N Broadway St Pittsburg KS 66762 | |
| Updated | March 31st, 2026 |
| Type | Retail |
| Price | Upon Request |
| Building | 5,494 Sq. Ft. |
| Land | 0.19 acres |
Property Description
Positioned in the core of downtown Pittsburg, this ±5,500 SF corner commercial asset offers a rare opportunity to acquire a highly visible and adaptable property directly across from Pittsburg State University College of Business.
The building is currently operating as a retail space and benefits from strong frontage, natural light, and a flexible floor plan. Leaseback availability provides immediate income potential while preserving optionality for future repositioning.
Surrounded by ongoing development and increased foot traffic, the property offers compelling long-term value with multiple paths for redevelopment.
Financials
Gross Income:
$62,000 (Pro Forma)
NOI (Net Operating Income):
$54,000 (Estimated)
Cap Rate:
7.7% (Projected)
Expenses:
$8,000 (Estimated)
Financial Notes:
Financials are based on a pro forma leaseback scenario. Seller is willing to structure lease terms to achieve target investor returns in the 6%–10% range. Additional details available upon request.

