501 N State ST, Iola, KS 66749
501 N State ST, Iola, KS 66749
501 N State ST, Iola, KS 66749
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Chrissy Frazier

Chrissy Frazier

+1(816) 518-4181
Listed by Jeffery Ports • United Country / Deer Creek Re
$169,000
Est. payment /mo
0.28 Acres Lot
Save

UPDATED:

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

Read Less Info
Heartland MLS KS / Southeast Kansas AOR

Nearby Locations

GET MORE INFORMATION

We respect your privacy! Your information WiLL NOT BESHARED,SOLD, or REMTED to anyone, for any reasonoutside the course of normalreal ostate exchange,Bysubmitting, you agree to our Terms of Use and PrlvacyPolicy.
Chrissy Frazier

Agent License ID: KS SP00237935 & MO 2016044210

+1(816) 518-4181 | chrissy.frazier@kcabode.com

First Name
Phone Number
Your Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Chrissy Frazier, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.