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116 W Pine Ave

El Dorado, KS 67042
  • $425,000
  • STATUS: Active
  • MLS #: 618300
UPDATED: 216 min ago
$425,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,760
    SQFT
  • $44
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1915
County:

School Ratings & Info

Listing information © 2023 South Central Kansas MLS.
Listing provided courtesy of Ty Patton of Mccurdy Real Estate & Auction, Llc OFF: 316-867-3600 .




Description

Incredible commercial and residential property with 14offices on the main level and 5 apartments on the upper level! What a great investment opportunity to add to your portfolio. There are only 2 vacant offices right now, and once they are fully rented, you can expect an annual income of over $57,000!!! This all-brick building has great traffic visibility on the corner of Pine Ave. and Main Street. It sits directly across the street from Judicial Building and is in the El Dorado Historic District. Built in 1900, this building has been well-maintained and offers tons of character! On the main level, there is a conference room, akitchen, and 14 office spaces. Upstairs, there are 5 apartments including (1) studio apartment, (3) 1-bedroom 1-bathroom units, and (1) 2-bedroom 2-bathroom unit. They are all rented anywhere from $425-595 per month. They are in a great location close to downtown and shopping! This property offers great opportunities for both commercial and residential investing! With a current annualincome ofover $52,000, you won't want to miss out on this property!

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2023 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-03-27T00:00:42.227.
www.wichitahometeam.com/homes/134209313
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116 W Pine Ave El Dorado, KS 67042

  • Price: $425,000
  • Status: Active
  • On Site: Days
  • Updated: 216 min ago
  • MLS #: 618300
0
Beds
0
Baths
0
½ Baths
0.22
Acres
9,760
SQFT
$44
$/SQFT
1915
Built
Neighborhood:
Invalid Subdivision
County:
Butler
Area:
B22 - El Dorado
Property Description
Incredible commercial and residential property with 14offices on the main level and 5 apartments on the upper level! What a great investment opportunity to add to your portfolio. There are only 2 vacant offices right now, and once they are fully rented, you can expect an annual income of over $57,000!!! This all-brick building has great traffic visibility on the corner of Pine Ave. and Main Street. It sits directly across the street from Judicial Building and is in the El Dorado Historic District. Built in 1900, this building has been well-maintained and offers tons of character! On the main level, there is a conference room, akitchen, and 14 office spaces. Upstairs, there are 5 apartments including (1) studio apartment, (3) 1-bedroom 1-bathroom units, and (1) 2-bedroom 2-bathroom unit. They are all rented anywhere from $425-595 per month. They are in a great location close to downtown and shopping! This property offers great opportunities for both commercial and residential investing! With a current annualincome ofover $52,000, you won't want to miss out on this property!
Exterior Features

Construction All Brick Frontage City Secondary Loading Dock None Location Central Business District Miscellaneous Features Smoke Heat Detector Overhead Doors None Parking Street Parking Rail None Roof Flat Roof Sidewall Height 11 Ft To 13 Ft

Interior Features

Cooling Central AirElectric Floors CarpetWood Heating Forced AirGas Levels 2 Sq Ft Building 3001 - 5000 Sq Ft Max Continguous 9760 Sq Ft Min Available 9760 Sq Ft Net Rentable 9760 Sq Ft Vacant 0

Property Features

Commercial Type Office Electrical 110 Volt220 Volt Flood Insurance Unknown Gross Income 57420 Improvements 0 Invest Package Available No Owner Paid Expenses ElectricityGasSewerTrashWater Ownership Corporate Present Use Office Property Taxes 10188.54 Sale Or Rent For Sale Special Balance 77.94 Special Tax Year 2021 Tax Specials 77.94 Tax Year 2021 Tenant Paid Expenses Electricity Terms Of Lease Existing Leases Utilities GasCity WaterCity SewerSeparate Meters Zoning General Comm

Listing courtesy of Ty Patton of Mccurdy Real Estate & Auction, Llc: OFF: 316-867-3600 .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2023 South Central Kansas MLS. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2023-03-27T00:00:42.227.
 
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Listing information © 2023 South Central Kansas MLS.
Listing provided courtesy of Ty Patton of Mccurdy Real Estate & Auction, Llc OFF: 316-867-3600 .