Leased Office
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501 N State Street, Iola, KS 66749
B1-zoned office property with an existing tenant lease and limited routine landlord responsibilities.
Property Size4,224 SF
Price / SF$40.01
Days on Market7
Property Features for 501 N State Street
General Information
Standard status
Active
Size
4,224 SF
Property subtype
Office
Zoning
B1
Building Details
Year Built
1972
Tenancy
Single
Listing Agency:
United Country Pro
Listed By:
Jeff Ports
Source:
Crexi
Added: Aug 5
Changed: Aug 9
Last Checked: Aug 10 at 4:27AM
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 United Country Pro
Investment Insights
Based on property information with market context.
This 4,224-square-foot office building was constructed in 1972 and is zoned B1. The property is occupied by TFI Family Services under an existing lease with two years remaining, followed by two one-year renewal options. Each option year includes a 3% increase. The tenant is responsible for mowing and minor HVAC and plumbing repairs, reducing the scope of routine landlord obligations.
The building is located at 501 N State Street in Iola, Kansas, a few blocks south of Walmart. Its established office configuration, existing occupancy, and defined lease structure provide a clear basis for evaluating the property as an office asset.
The building is located at 501 N State Street in Iola, Kansas, a few blocks south of Walmart. Its established office configuration, existing occupancy, and defined lease structure provide a clear basis for evaluating the property as an office asset.
Key Highlights
- 4,224‑square‑foot office building constructed in 1972
- B1 zoning supports the property's office use
- Existing lease with TFI Family Services has two years remaining
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 66749, KS
7,512
Population
3,532
Households
2.1
Avg Household Size
40
Median Age
25%
College-Educated
94%
High-School Grad
109.1 sq mi
ZIP Area
69
Density / Sq Mi
$56,510
Median Household Income
$31,486
Median Earnings
$715
Median Rent
$101,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - B1-zoned office property with an existing tenant lease and limited routine landlord responsibilities.
Where is this office building located?
The property is located at 501 N State Street Iola, KS.
What is the asking price?
The asking price for this property is $169,000.
What are key features of this property?
This property features: 4,224‑square‑foot office building constructed in 1972; B1 zoning supports the property's office use; Existing lease with TFI Family Services has two years remaining
