Jeff Kitselman Emporia Real Estate
Emporia's #1 Seller
Jeff Kitselman

Downtown (Emporia, Kansas, US - 66801)
MLS® $279,000 Great cash flow!


Attachments


"Wonderful downtown building!"
 

Ek Real Estate


Jeff Kitselman
 
Jeff Kitselman
Email Jeff
 
Cell: (620)757-6833
 
Details

Address: 501 Merchant Type: Commercial Style:  Bathrooms: 3 Basement: Yes, Walkout Size: 14,808 sq. ft. Lot Type: Rectangular Year Built: 1903 Taxes: $8,798.76 (2009) MLS®: 16800
 
Description

Incredible historic building in downtown Emporia, 1 block from courthouse and 6th street, converted into leased office/retail space. Currently over $3900/monthly rental income and 3 tenants in building. High quality windows and solid oak doors throughout, all new in 2005 along with all new extra wide base trim. Boiler system new in last 10 years with seperate thermostat controls for each room and controlled by remote computer. Roof approximately 5-7 years old. Updated electrical within last 10 years. Well over $100,000 have been spent on this building in just the past few years and the cost to rebuild would run as much as 3-4 times list price! Includes 34 parking stalls. 3/4 full finished basement, currently vacant w/lots of potential for added income! Handicap ramp accessible to the main floor. Many entrances to building. Great Location!! Investors, this is an incredible opportunity for cash flow.
 
P2#2071593

Information is deemed to be correct but not guaranteed.


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