Serving Coffey, Lyon, Osage, & Greenwood Counties in Kansas
Property Description: Prime commercial property located in thriving Emporia, Kansas. This property has prime road frontage on Highway 50, multiple entrances and access points, and 2.1 total acres. The rear of the property has multiple bay doors for storage and rental income. Property can be re-configured for up to 11 tenants, but eight is optimal.
Agent notes: This property has everything you need, including stable revenues from a diverse tenant base. The diversity of the renters is an excellent hedge against uncertainty. Tenants include LG Motors, EV Massage, Tony's Auto Sales, Parker's Resale Thrift Shop, Eyelash Ladies, Merts Custom Crating, and Iglesia De Dios Pentecostal Jesucristo Es El Camino. All tenants pay rent promptly with autopay, resulting in stable cash flow. Recent updates include installing electric and gas meters, so tenants are responsible for all gas and electric usage.
Property History and Management: The property is currently managed by the owner but has been managed by a third party in the past. The new owner can manage the property to maximize profits or outsource management for easier operations and relatively passive income.
Nearby Amenities: Located near the Lyon County Fairgrounds and within 2.5 miles of downtown Emporia, ½ mile from Kansas Turnpike and I-35 on-ramps, and one mile from Wal-Mart and the Flinthills Mall.
Listing Price is only $690,000
Commercial Property with Diverse Tenants
Contact the agent Victor Edelman to learn more.
- Anchor tenant, suite tenants, and garage/ storage tenants.
- 100% rented
- Zoning: General Commercial
- Experienced property manager handles rent collection and daily operations
OTHER PAGES ABOUT This Great investment Property
Property Overview
Investing in Emporia
Investing in Emporia
Investing in Emporia
Investing in Emporia
Investing in Emporia
Property PDF
Investing in Emporia
Property PDF