501 N State ST, Iola, KS 66749
501 N State ST, Iola, KS 66749
501 N State ST, Iola, KS 66749
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KW Kansas City Metro

KW Kansas City Metro

+1(816) 786-1848
Listed by Jeffery Ports • United Country / Deer Creek Re
$169,000
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2635205

Year Built 1972

Annual Tax Amount $6,943

Lot Size 0.275 Acres

Acres 0.2754821

Lot Dimensions 100 x 120

Property Sub-Type Office

Source hmls

Property Description

Great Commercial Investment property opportunity in Iola, Kansas. This 4,224 square foot office property is located on State Street in just a few blocks South from Walmart. Selling at only $40 per square foot the property is a real bargain with locked in income from an existing lease with TFI Family Services. The lease runs for two more years and then the tenant has two, one-year options, with 3% increases each year. Tenant pays for mowing and minor HVAC and plumbing repairs so very little landlord responsibility or expense.

Location

State KS

County Allen

Zoning B1

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

Building

Story 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Heartland MLS KS / Southeast Kansas AOR

NEARBY SCHOOL & BUSINESS

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KW Kansas City Metro

KW Kansas City Metro

+1(816) 786-1848

Broker License ID: BR00039847

Broker License ID: BR00039847

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