1502 State St Iola, KS 66749
- Office Properties & Spaces
- 8,928 SF
- 1.10 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1502 State St
- Year built
- 1980
- Construction
- FRAME
- Lot size
- 1.10 lot acres
- Property size
- 8,928 SF
- Property type
- Office Properties & Spaces
- APN
- 078-27-0-10-01-001.00-0
- APU
- 782701001001000
Description
This exceptional commercial property, situated at 1502 N State Street in Iola, Kansas, presents a unique investment opportunity. Boasting a generous 1.14-acre lot, the building offers versatile space ideal for a variety of commercial uses, including office, warehouse, or retail operations. Its strategic location just two blocks south of Walmart ensures high visibility and significant foot traffic. The property benefits from exceptional daily traffic volume on State Street, exceeding 8,000 vehicles per day, providing unparalleled exposure for any business. The multi-use nature of the building allows for considerable flexibility in its adaptation to diverse commercial needs. This prime location, combined with the substantial daily traffic count, makes this property an attractive proposition for entrepreneurs and investors seeking a high-impact commercial presence in a thriving area. The substantial lot size also offers potential for future expansion or development. This is a rare opportunity to acquire a well-positioned commercial property in a dynamic location with significant growth potential. The asking price is $285,000.
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
- Iola
- County
- Allen
- State
- Kansas
- Longitude
- -95.4094
- Latitude
- 37.9355
