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    115 Iron Ave Salina, KS 67401

    Sponsored
    For Lease
    Contact for pricing

    Prime Office Building, 5,250 sq ft

    Lot size:
    5,250 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5,250-square-foot office building, located at 115 W Iron Ave in Salina, Kansas, presents a unique opportunity for businesses seeking a prominent downtown location. Built in 1908, this two-story building boasts a classic architectural style and is situated between the Hoffman Building and the United Office Building, offering excellent visibility and accessibility. The property features a single-tenant occupancy, ideal for a company seeking a substantial and self-contained workspace. The interior layout includes a welcoming reception area, a convenient small conference room, a spacious work area perfect for collaborative efforts, and numerous individual offices spread across both floors. Parking is readily available, with street parking options supplemented by a convenient city parking lot directly behind the building. The building is zoned C-4, allowing for a variety of commercial uses. This property offers a compelling combination of historical charm, modern functionality, and a highly desirable downtown Salina address. The building does not have an elevator. This is a single-tenant property in Saline County, Kansas, with a zip code of 67401. Lease rates are highly competitive. The property is conveniently located near 7th Street.

    Property Features for 115 Iron Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,250 SF

    Building Details

    Year Built
    1908
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    5,250 SF

    HighLights

    • Prime downtown location.
    • Modern reception area.
    • Small conference room.
    • Spacious open workspace.
    • Multiple private offices.
    • Convenient street parking and adjacent city lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Salina
    County
    Saline
    State
    Kansas
    Longitude
    -97.609892127037
    Latitude
    38.840564749834

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Building, 5,250 sq ft
    Where is this office property / space located?
    The property is located at 115 Iron Ave Salina, KS.
    What are key features of this property?
    This property features: Prime downtown location.; Modern reception area.; Small conference room.
    Request Owner's contact information
    115 Iron Ave Salina, KS 67401
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    Salina, KS 67401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Iron Ave Salina, KS 67401
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