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KS
Louisburg
66053
5 Peoria St

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FOR SALE

Office buildings

5 S Peoria St Louisburg, KS 66053

25,000 SF 1.22 ac lot Built 1929

Entity Owned Absentee Owner Free & Clear

Property ID

US33-1562985

$899,000 25,000 SF

5 S Peoria St, Louisburg, KS 66053
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This exceptional 33,000 square foot building presents a remarkable investment opportunity in the heart of Louisburg, Kansas. Originally serving as a school and later City Hall, this meticulously maintained historic structure boasts a wealth of recent upgrades, including a new roof (installed in 2020), completely updated electrical and plumbing systems, and replacement of HVAC split systems as needed. Its versatile layout is ideal for multi-use office and retail purposes, with existing tenants including a boutique, antique shop, home furnishings business, and a hair salon occupying the main floor. Two separate staircases and a functioning elevator provide convenient access to the second floor, which features numerous private office suites, many currently leased on a month-to-month basis to long-term tenants. Several vacant units are available for immediate occupancy. The building includes three sets of public restrooms and two suites with private bathrooms. A unique feature is a large second-floor room, previously used as a dance studio, complete with a mirrored wall and expansive views. An ADA-compliant ramp ensures accessibility at the front entrance. Situated on a 1.22-acre lot, this property benefits from its location in the thriving town of Louisburg, just 15 minutes from Overland Park, offering significant growth potential and convenient access to a larger metropolitan area. The asking price is $699,000.