Historic Mixed-Use Building For
For Sale
Contact for pricing
5 S Peoria Street, Louisburg, KS 66053
33,000 sqft historic building in downtown Louisburg with multi-use potential.
Property Size33,000 SF
Price / SF$27.24
Days on Market684
Property Features for 5 S Peoria Street
General Information
Standard status
Active
Size
33,000 SF
Property subtype
Office, Retail
Zoning
COM
Building Details
Year Built
1929
Stories
2
Listing Agency:
Elite Homes Realty
(913) 837-6598
Listed By:
Tracy Shelton · License #SP00240548
Source:
Crexi
Added: Oct 17, 2024
Changed: Aug 28
Last Checked: Aug 30 at 2:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elite Homes Realty
Investment Insights
Based on property information with market context.
This 33,000 sqft historic building in downtown Louisburg presents an investment opportunity. The building has been maintained regularly, with updates including a new roof in 2020, updated electrical and plumbing systems, and replaced HVAC split systems. Originally a school and later the location of City Hall, the building is suited for multi-use office or retail purposes, with potential for other uses. The main floor currently houses a boutique, antique, and home furnishing business, along with a hair salon. Two separate stairways and a functioning elevator provide access to the second floor, which features multiple private office suites. Many of these suites are currently rented on a month-to-month basis to long-term tenants, while vacant units are available for new tenants. The second floor includes three sets of public restrooms, as well as two suites with private bathrooms. In addition to the office spaces, the upper level features a large room, formerly used as a dance studio, complete with a mirrored wall and views. An ADA ramp is located at the front entrance. Louisburg is a growing town located 15 minutes from Overland Park.
Key Highlights
- 33,000 sqft historic building in downtown Louisburg, suitable for multi‑use office/retail.
- Recent major updates: new roof (2020), updated electrical, updated plumbing, and replaced HVAC split systems.
- Existing tenants provide immediate income with month‑to‑month leases and long‑term occupancy.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
323
Businesses Nearby
Explore this area
Business Placement
Demographics for 66053, KS
8,325
Population
3,309
Households
2.5
Avg Household Size
39
Median Age
36%
College-Educated
96%
High-School Grad
103.8 sq mi
ZIP Area
80
Density / Sq Mi
$89,743
Median Household Income
$49,460
Median Earnings
$1,399
Median Rent
$300,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - 33,000 sqft historic building in downtown Louisburg with multi-use potential.
Where is this mixed-use property located?
The property is located at 5 S Peoria Street Louisburg, KS.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 33,000 sqft historic building in downtown Louisburg, suitable for multi‑use office/retail.; Recent major updates: new roof (2020), updated electrical, updated plumbing, and replaced HVAC split systems.; Existing tenants provide immediate income with month‑to‑month leases and long‑term occupancy.
