This outstanding investment opportunity presents a 2,400 square foot office/retail space ideally situated on Chanute, Kansas' most bustling corner. Currently leased to Kansas Secured Title, this property offers stability with 18 months remaining on the lease, generating $2,500 per month gross income. Moreover, the tenant has been in occupancy for approximately five years and holds options to renew the lease, ensuring continued potential for steady income.
In addition to the main space, the property features an attached 560 square foot garage/storage space, adding versatility and convenience for tenants. The roof was recently replaced in 2018, and the property boasts an impeccable maintenance record, requiring no known deferred repairs.
With an impressive 125 frontage feet on Santa Fe Avenue, the land alone holds substantial value, making this investment even more compelling. The asking price aligns with the solid underlying land value, making it an attractive proposition for investors seeking long-term growth and potential appreciation.
Don't miss this opportunity to acquire a prime property in a high-traffic area, with a reliable tenant and significant land value, making it a truly remarkable investment venture.