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.
| MLS # | 2635205 |
|---|---|
| Listing Type | For Sale |
| Style | Office |
| Sub-Type | Resale |
| Status | Active |
| Year | 1972 |
| Days On Site | 22 |
| Listing Provided By | United Country / Deer Creek Re | Jeffery Ports |
| Story(s) | 1 |
|---|---|
| Zoning | B1 |
| Acreage | 0.28 |
| Property | 6943 |
|---|
| State | KS |
|---|---|
| County | Allen |
| City | Iola |
| Zip Code | 66749 |
| Area | 490 Allen County | KS |
| Listing VS Median (in 66749) | |
Price: $169,000 low | high Med: $146,000 On site: 22 low | high Med: 129.5 | |
| State | KS |
|---|---|
| County | Allen |
| City | Iola |
| Zip Code | 66749 |
| Area | 490 Allen County | KS |
| Listing VS Median (in 66749) | |
Price: $169,000 low | high Med: $146,000 On site: 22 low | high Med: 129.5 | |