330 Madison Ave Derby, KS 67037

This exceptional investment opportunity presents a 17,440-square-foot multi-tenant office building situated on a 29,185-square-foot lot in Derby, Kansas. Built in 1976, this Class B property boasts excellent visibility along the Madison Corridor, anchored by The Valley State Bank. The building features ample parking and a prominent monument sign along Madison Avenue. Its strategic location just east of the historic Baltimore (K-15) retail and commercial corridor ensures easy accessibility to the entire Derby metro area. The property offers significant potential for investors seeking a well-located, multi-tenant office building. Annual property taxes for 2023 were $17,002.55. The asking price is $689,000, translating to $39.51 per square foot. This represents a compelling opportunity to acquire a well-established commercial property in a thriving Kansas community. The building's size and tenant base provide a stable income stream, while its prime location offers significant upside potential for future growth and appreciation.