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203 W Main St, Cherryvale, KS, 67335

--beds
0baths
5,500sqft
$159,000
$29price/sqft
$1,747/moest. monthly cost
$69,880/yrincome needed

About This Home

This well-maintained and thoughtfully laid-out commercial building in Cherryvale, Kansas offers an incredible opportunity for business owners, investors, or entrepreneurs looking for a functional and versatile space. Whether you're in healthcare, wellness, beauty, or professional services, this property is designed to adapt to your needs. Inside, you'll find over 11 individual rooms, most equipped with their own private sink — ideal for treatment rooms, private offices, or specialty use. The layout supports a wide range of business types, from clinics to salons, counseling centers, and beyond. Additional features include: 3 bathrooms for staff and client use A large nurse's station that can serve as a central work hub or admin area A spacious front desk and reception area with excellent flow A welcoming waiting room perfect for high-volume client traffic A separate suite with 3 additional rooms and a desk, offering the potential to lease out for extra income or keep as an expansion space The property also offers excellent access and visibility, with a private parking lot at the side and street parking out front — ensuring convenience for both staff and visitors. Located in the heart of Cherryvale, this building is a rare find that combines functionality, flexibility, and financial potential — ready for your business to thrive. Give a call to take a look!

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
52
BikeBikeable

Schools

6/10

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Other

Interior

Interior Area

  • Total structure area: 5,500
  • Total interior livable area: 5,500 sqft

Property

Lot

  • Lot size: 0.35 Acres

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Heat Wave
    Heat WaveModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Strong Wind
Tornado
Winter Weather
Hail
Heat Wave
Ice Storm

FEMA Declared Disasters Across Kansas Counties

Snowstorm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $803$9,636
Home Insurance *$299$3,588
Property Taxes $206$2,472
Electricity $439$5,269
Total$1,747$20,964
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,897/yr
40% on housing$52,410/yr
45% on housing$46,586/yr

Kansas FAIR Plan Programs

Kansas All-Industry Placement Facility

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 11,507Commercial: 209
Total Premiums$9.41M
Total Exposure$949,000

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 1.6%
1.6%
0%15.0%
Property Taxes Growth Rate2-year average: 8.9%
8.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$29This listing

vs Other Active Listings

Avg $/sqft

ZIP 67335$55
Montgomery County$89

vs Homes Sold Last Month

Median $/sqft

ZIP 67335$76
Montgomery County$70

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-30Price change$159,000
2026-01-12Price change$169,000
2025-09-11Listed for sale$189,000

For Sale by Agent

AgentAngela Baker
BrokerageL2 Realty, Inc - Land and Lifestyle Properties

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