5 Peoria St Louisburg, KS 66053

This stunning, 33,000 square foot, two-story building presents a remarkable investment opportunity in the heart of Louisburg, Kansas. Originally constructed in 1929, this historic property boasts a rich history, having served as both a school and City Hall. Substantial renovations have been completed, including a new roof (2020), updated electrical and plumbing systems, and replacement of HVAC units as needed. The building's versatile layout is ideal for multi-use office and retail purposes, currently housing a boutique, antique shop, home furnishings business, and a hair salon on the main floor. The second floor features multiple private office suites, many with long-term, month-to-month tenants, and several vacant units ready for immediate occupancy. Two separate staircases and a functioning elevator provide convenient access to both floors. The building includes three sets of public restrooms and two suites with private bathrooms. A large, upper-level room, previously used as a dance studio, features a mirrored wall and offers expansive views. An ADA-compliant ramp ensures accessibility at the front entrance. Situated on a 53,143 square foot lot, this property benefits from its location in a thriving town just 15 minutes from Overland Park, offering significant growth potential. The asking price is $699,000.