For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

331 Commercial St Emporia, KS 66801

For Sale
$600,000

Five Structures, High Rental Income Potential

Description

Added:
Feb 3, 2025
Days on Market:
314
This exceptional investment opportunity encompasses five structures across four distinct properties in Emporia, Kansas, offering substantial rental income and significant potential for future growth. The portfolio includes a triplex at 502 Neosho Street featuring one two-bedroom and two remodeled one-bedroom apartments, all currently leased. Also included is a renovated three-bedroom, one-bath, 1 1/2-story home at 717 East Street. A one-bedroom, one-bath home at 504 Chestnut Street is bundled with a four-bedroom, one-bath bungalow at 896 West 5th Street, both featuring crawl spaces. The cornerstone of this investment is the commercial property located at 331 Commercial Street. This building boasts two separate commercial rental spaces on the main floor and four residential apartments upstairs. Three of the four upstairs units and both main floor commercial spaces are currently leased, generating a combined monthly income of $2,550. This diverse portfolio presents a rare chance to acquire a substantial, income-producing real estate package in a desirable location. The properties offer a blend of residential and commercial income streams, providing a robust and diversified investment strategy. This is an ideal opportunity for investors seeking a turnkey portfolio with immediate cash flow and long-term appreciation potential. The properties are sold as a package.

Property Features for 331 Commercial St

General Information

Property type
Other commercial real estate

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Spartan Staffing Employment Agency

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Emporia
County
Lyon County
State
Kansas
Longitude
-96.18067
Latitude
38.40245

FAQs

What type of property is this?
Commercial real estate - Five Structures, High Rental Income Potential
Where is this commercial real estate located?
The property is located at 331 Commercial St Emporia, KS.
What is the asking price?
The asking price for this property is $600,000.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message