120 Lincoln St Lindsborg, KS 67456-2416

This exceptional investment opportunity presents a 2,450 square foot commercial building situated on a 0.06-acre lot at 120 W Lincoln St, Lindsborg, KS. The property boasts three distinct rental spaces, all currently occupied, generating a combined monthly rental income of $1,125. The front retail space, totaling 700 square feet, has recently undergone renovations, including new interior paint, flooring, lighting, and an updated restroom. This space also features a mini-split HVAC unit and a separate electrical meter. The middle unit, occupied by Smoky Valley Printing, comprises 825 square feet and includes a mini-split HVAC unit, restroom, and a separate electrical meter. The rear unit, a 925 square foot warehouse space, offers concrete flooring and the potential for a garage door opening onto the alley. While this space is unheated and uncooled, it provides excellent storage options. Tenants are responsible for their own electricity, while water and trash services are covered by the landlord. The building is currently all-electric, although gas service is available. The City of Lindsborg permits the use of the two rear spaces as potential living quarters, presenting a unique opportunity for owner-occupancy or a live-work arrangement. This property offers a compelling blend of income generation and versatile usage potential, making it an attractive investment prospect. The asking price is $157,000.