Hospitality Redevelopment Opportunity

606 E Lincoln Blvd | Hesston, KS 67062

Located just off Interstate 35, this 36-room hotel property presents a unique value-add investment and redevelopment opportunity in Hesston, Kansas. Situated on approximately 2.3 acres, the site includes existing restaurant and banquet facilities, offering flexibility for continued hospitality operations or adaptive reuse into healthcare, senior housing, or extended-stay concepts.

The property benefits from strong visibility and existing infrastructure, making it well-positioned for investors seeking repositioning or conversion opportunities in a growing regional market.

Property Highlights

• 36-Room Hotel

• Approximately 2.3 Acres

• Excellent I-35 Access & Visibility

• Existing Restaurant Space – 1,500 SF

• Existing Banquet/Event Space – 1,500 SF

• Existing Grease Trap & Hood Vent in Place

• Large Parking Area

• Restaurant Currently Vacant

• Pool Currently Non-Operational

Potential Redevelopment Uses

• Assisted Living Facility

• Rehabilitation / Recovery Center

• Senior Housing or Extended Care Facility

• Boutique Hospitality / Extended Stay Conversion

• Workforce Housing Opportunity

Conceptual Redevelopment Overview

Estimated Acquisition Price: $1.2M

Estimated Renovation Budget: ~$2M

Estimated Total Project Basis: ~$3.2M

Potential redevelopment scope may include:

• Installation of full fire suppression system

• Modernization of guest rooms and bathrooms

• Conversion of restaurant and banquet areas into dining, medical, therapy, or community spaces

• Exterior and common area improvements

This offering provides investors and operators the opportunity to acquire an existing hospitality asset with multiple adaptive reuse possibilities at a basis significantly below replacement cost.