1100 Louis St Mulvane, KS 67110
- Retail properties
- 3,005 SF
Current Use by Public Records
- Retail properties
Property Details for 1100 Louis St
- Year built
- 1987
- Property size
- 3,005 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional investment opportunity presents a well-maintained, 3,005 square foot retail building situated on a 13,121 square foot lot in Mulvane, Kansas. The property, constructed in 1987, features brick construction and is currently 100% occupied by two tenants in a multi-tenant configuration. The building is zoned B-3, General Business, allowing for a variety of uses. With a desirable location off K-15 Highway, the property benefits from excellent visibility and exposure. The building is designed to accommodate one to three suites, offering flexibility for future tenants or expansion. The asking price is $280,000, translating to $93.18 per square foot. Conveniently located minutes from Derby and Wichita, this property offers a strong return on investment. The 2021 property taxes were $3,091.89. This is a rare opportunity to acquire a stable, income-producing asset in a growing market. The single-story building offers 3,005 square feet of net rentable space.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Mulvane
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.2429
- Latitude
- 37.4863