720 1St St Coffeyville, KS 67337
- Assisted living facilities
- 10,222 SF
- 0.51 lot acres
Current Use by Public Records
- Assisted living facilities
Property Details for 720 1St St
- Year built
- 1950
- Lot size
- 0.51 lot acres
- Property size
- 10,222 SF
- Property type
- Assisted living facilities
- Property subtype
- Retirement homes
- APN
- 197-35-0-10-21-010.00-0
- APU
- 1973501021010000
Description
This exceptional 10,000 square foot property in Coffeyville, Kansas, presents a unique investment opportunity. Built in 1950, this single-story building sits on a 0.52-acre lot and is currently vacant. Previously used as an assisted living facility, it boasts 24 resident rooms, 12 half baths, and 2 ¾ bathrooms. A large, fully equipped commercial kitchen and ample communal areas are also included. The property includes a separate laundry building and a large parking lot to the north, offering potential for expansion or additional uses. Existing infrastructure includes electrical systems, plumbing, central heat and air conditioning, a sprinkler system, and an alarm system. Zoned R-1, this versatile property offers numerous redevelopment possibilities, including but not limited to: rehabilitation center, mental health facility, wellness center, affordable housing, school, or community center. Note: This property cannot be used as a long-term care or assisted living facility. Resources are available to assist new buyers in exploring tax incentives and grant programs. This is a remarkable chance to acquire a substantial property with significant potential in a prime Coffeyville location. The asking price is $200,000.
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
- Coffeyville
- County
- Montgomery
- State
- Kansas
- Longitude
- -95.6274
- Latitude
- 37.0437
- CBSA code
- 17700
- CBSA name
- COFFEYVILLE, KS MICROPOLITAN STATISTICAL AREA
