For Sale
$399,000

121 Water St Derby, KS 67037

Prime Derby location, 5,436 sq ft office space.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional commercial property, located at 101 & 121 S Water St in Derby, Kansas, presents a unique investment opportunity. The property consists of two buildings totaling 5,436 square feet on a 0.61-acre corner lot, zoned M-1 Industrial. Built in 1998, the complex features a main level office space of 2,036 square feet and a finished basement of 900 square feet. The layout includes three offices, two bathrooms, and two reception areas, making it ideal for a variety of businesses. A significant advantage is the inclusion of a 2,500 square foot storage garage, perfect for equipment or inventory. Currently operating at 100% occupancy, this turnkey property offers immediate income potential. The asking price is $399,000, translating to $73.40 per square foot. Its convenient location near K-15 and the newly developed Derby Warren Riverview Park provides excellent visibility and accessibility. Ample paved parking is available. This property is well-suited for a business needing both office and storage space, particularly those in the construction or related industries. The property's features and location make it a compelling investment opportunity in a thriving Kansas community.

Highlights

  • $399,000 asking price.
  • Flex space ideal for office and warehouse use.
  • Corner lot location.
  • Main level office space totaling 2,036 square feet.
  • Finished basement office space of 900 square feet.
  • Features three offices, two bathrooms, and two reception areas.

Property Details for 121 Water St

Property type
Office properties
Square Feet
5,436 SF
Class
C
Year Built
1998
Buildings
2
Lot Size (sq. ft)
26,572 SF

Location Insight

City
Derby
County
Sedgwick
State
Kansas
Latitude
37.542771391014
Longitude
-97.272746925716

FAQs

What type of property is this?
Office property - Prime Derby location, 5,436 sq ft office space.
Where is the office property located?
The property is located at 121 Water St Derby, KS.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: $399,000 asking price.; Flex space ideal for office and warehouse use.; Corner lot location.
How can I contact the broker?
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121 Water St
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