0 327Th St Paola, KS 66064

This exceptional 4,146 sq ft industrial warehouse at 1620 Avenue E presents a compelling investment opportunity. The property, zoned CG and identified by APN 56434233040060130, is a single-tenant building comprising five individual units currently leased to small churches. Recent extensive renovations have significantly enhanced the property's value and appeal, including a brand new roof, a central HVAC system, updated interior tile, a refreshed exterior facade, and the installation of hurricane/accordion security shutters. The building boasts a strong occupancy rate and a waiting list of potential tenants, indicating high demand and future growth potential. The current Net Operating Income (NOI) stands at $52,780, representing a 6% capitalization rate. The seller, a seasoned professional, is willing to continue managing and leasing the property for the new owner, ensuring a seamless transition and ongoing operational efficiency. This is a full-price offer only opportunity for investors seeking a stable, high-return investment in a rapidly developing area. The lot size is not specified.