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303 State St Iola, KS 66749

For Sale
$65,000

High-traffic location, redevelopment opportunity.

Description

Added:
Dec 11, 2024
Days on Market:
368
This 0.41-acre commercial property at 303 S State Street in Iola, Kansas, presents a unique redevelopment opportunity. Currently listed at $65,000, the property consists of three lots situated on a prime corner location with high visibility and traffic volume on State Street. The existing structure has been deemed uninhabitable and condemned by the city, requiring demolition. Entry onto the property is at one's own risk due to the building's condition. The lots are currently zoned commercial, offering flexibility for various business ventures. Post-demolition, the Allen County will reassess property taxes. The property's strategic location near Highway 54, a public park, and a new state park under development, enhances its potential. This presents an exceptional chance for entrepreneurs to establish a business in a high-traffic area with significant growth potential. The property's size and location make it ideal for a variety of commercial uses, capitalizing on the substantial traffic flow and proximity to key amenities. This is a rare opportunity to acquire a well-positioned commercial lot in a growing area. The zip code is 66749.

Property Features for 303 State St

General Information

Property type
Specialty properties
Lot Size
17,860 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial real estate

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
Iola
County
Allen
State
Kansas
Longitude
-95.4088471
Latitude
37.9197668

FAQs

What type of property is this?
Specialty property - High-traffic location, redevelopment opportunity.
Where is this specialty property located?
The property is located at 303 State St Iola, KS.
What is the asking price?
The asking price for this property is $65,000.
More about this property
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