1301 Chestnut St Emporia, KS 66801

Property Details for 1301 Chestnut St

Year built

1965

Lot size

3.70 lot acres

Property size

39,000 SF

Property type

Retirement homes

Description

This exceptional investment opportunity presents a 39,000 square foot multi-use building situated on a generous 3.7-acre lot in Emporia, Kansas. Located at 1301 Chestnut Street, this property boasts a rich history as the former College of Emporia Student Union. The building, constructed in 1965, is a three-story structure currently zoned C-2, offering significant flexibility for a variety of uses. The property's current configuration includes executive office space and apartment units, making it ideal for a mixed-use development or conversion to senior living facilities, as suggested by its previous uses. The asking price is $1,900,000. The property benefits from a well-maintained roof, parking lot, and mechanical systems. Its substantial size and versatile zoning provide ample opportunity for future development and expansion. The property is owned by Fusion Management Services, LLC. A video showcasing the property is available online. This is a rare chance to acquire a significant commercial property in a desirable Kansas location with considerable potential for strong returns. The property's history and current condition make it an attractive investment for both seasoned and emerging real estate investors. Further details are available upon request.