505 16th St Wellington, KS 67152-2811

This exceptional Wellington, KS commercial property presents a prime business opportunity. Located at 505 E 16th St, this 2,400 square foot building sits on a 1.3-acre lot and is currently priced at $275,000. The property features two separate units, each boasting a dedicated bathroom and a large main area measuring 14x38 feet. Additionally, each unit includes a spacious 16x30 foot north room, offering ample space for various business needs. One unit is currently generating a stable monthly income of $1,200 through an existing lease, providing immediate return on investment. The property's former use as a pharmacy, complete with a convenient drive-thru, ensures excellent visibility and accessibility, making it an ideal location for a wide range of businesses. Its strategic location and versatile layout offer significant potential for both investors seeking a strong rental income stream and entrepreneurs looking to establish their own ventures. The expansive lot size provides ample parking and potential for future expansion. This is a rare opportunity to acquire a well-situated, income-producing commercial property in a thriving community.