1 Bed
1 Bath
5,000 SqFt
1 Bed
1 Bath
5,000 SqFt
Key Details
Property Type Multi-Family, Condo
Sub Type Condominium
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $35
MLS Listing ID 2645854
Style Other
Bedrooms 1
Full Baths 1
Year Built 1897
Annual Tax Amount $3,000
Lot Size 6,360 Sqft
Acres 0.14600551
Lot Dimensions 53x120
Property Sub-Type Condominium
Source hmls
Property Description
Capitalize on the growing momentum in Iola, Kansas. With the exciting development of the new Lehigh Portland State Lake, our community is experiencing renewed energy and expansion. This prime commercial property places your business at the heart of this growth.
This property features resilient brick and concrete construction topped with a durable metal roof. The street-level facade showcases a prominent front-facing display window, providing the perfect canvas to capture downtown foot traffic for your retail shop or showroom. The expansive main level offers wide-open, versatile square footage ready to adapt to your specific business vision.
Iola is strategically positioned on a major thoroughfare, offering excellent regional connectivity. You are located just 1.5 hours south of Kansas City and only 2 hours from both Wichita and Tulsa, making this an ideal hub for commerce and regional visitors.
A standout feature of this investment is the top floor, which holds significant potential for a custom loft studio conversion—ideal for a live-work setup or an additional income stream. Whether you are an investor looking for a high-potential asset or an entrepreneur seeking a flagship location, this building offers the perfect foundation. Don't miss your chance to own a piece of Iola's vibrant and expanding commercial core.
Location
State KS
County Allen
Rooms
Basement Cellar, Concrete
Interior
Interior Features Elevator
Heating Natural Gas
Cooling Electric
Flooring Wood
Fireplace N
Exterior
Exterior Feature Fixer Up
Parking Features false
Roof Type Metal
Building
Lot Description City Limits, City Lot
Entry Level Loft
Sewer Public Sewer
Water Public
Structure Type Brick,Concrete
Schools
School District Usd 257 - Iola
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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Nearby Locations
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Licensed Real Estate Advisor License ID: 413597255