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.
Features
- Parking:
- Parking Lot, Paved
- Utilities:
- Electricity Available, Natural Gas Available, Sewer Available, Water Available
Address Map
- Zipcode:
- 66749
- Street:
- State
- Street Number:
- 501
- Street Suffix:
- Street
- Longitude:
- W96° 35' 28.7''
- Latitude:
- N37° 55' 36.8''
- Street Dir Prefix:
- N
- Zoning:
- B1
- Directions:
- From the corner of US 54 Hwy and State street go North five blocks and the building is on the East side. Sign on building says TFI Family Services.
- Mls Area Major:
- 490 - Allen County, KS
MLS Addon
- Office Name:
- United Country / Deer Creek Re
- Agent Name:
- Jeffery Ports
- Tax Annual Amount:
- $0
- Association Fee:
- $0
Additional Information
- Stories Total:
- 1
- Business Type:
- Professional Service
- Current Use:
- Srvc-Professional
- Lot Size Dimensions:
- 100 x 120
Listing Information
- List Agent Mls Id:
- 83009508
- List Office Mls Id:
- UCDC2
- Listing Term:
- Cash, Conventional
- Mls Status:
- Active
- Modification Timestamp:
- 2026-08-04T21:32:10Z
- Originating System Name:
- HMLS
Community: , Commercial Sale For Sale
501 N State Street, Iola, Kansas 66749
$169,000
Listing ID #2635205
Basic Details
- Property Type :
- Commercial Sale
- Listing Type :
- For Sale
- Listing ID :
- 2635205
- Price :
- $169,000
- Year Built :
- 1972
- Status :
- Active
- Property Sub Type :
- Office
