For Sale
$175,000

2908 Santa Fe Ave Chanute, KS 66720

5,000 SF, 100% Occupied, NNN Lease

Overview

Added:
Dec 11, 2024
Days on market:
133
This exceptional commercial property, located at 2908 S Santa Fe Avenue in Chanute, Kansas, presents a compelling investment opportunity. The 5,000-square-foot building, constructed in 1980, sits on a generous 21,875-square-foot lot and is currently 100% occupied under a triple-net (NNN) lease. The property is classified as Class B and features a single-story design. Its prime location on the main retail corridor, just south of Walmart, ensures high visibility and accessibility. The versatile floor plan offers approximately 3,000 square feet of finished office space, ideal for professional businesses, complemented by roughly 2,000 square feet of adaptable storage, shop, or warehouse space. This area includes a convenient single overhead door at the rear of the building, facilitating easy loading and unloading. The asking price for this fully occupied, income-generating property is $175,000. This presents a strong return on investment for a buyer seeking a stable, well-located commercial asset in the thriving Chanute market. The property's zoning allows for both office and retail uses, providing flexibility for future tenants or potential redevelopment. The building's single-tenant occupancy simplifies management and minimizes vacancy risks. This is a rare opportunity to acquire a turnkey commercial property in a desirable location with significant upside potential. The property is situated in Neosho County, Kansas, with a zip code of 66720.

Highlights

  • $175,000 asking price.
  • 5,000 square foot Class B office/retail building.
  • 100% occupied, single tenant, NNN lease.
  • Located on main retail corridor in Chanute, KS, near Walmart.
  • 3,000 sq ft of finished office space and 2,000 sq ft of shop/warehouse space with a rear overhead door.
  • 21,875 sq ft lot, one-story building, built in 1980.

Property Details for 2908 Santa Fe Ave

Property type
Retail properties, Office properties
Square Feet
5,000 SF
Class
B
Year Built
1980
Stories
1

Location Insight

City
Chanute
County
Neosho
State
Kansas
Latitude
37.6518998
Longitude
-95.4520349

FAQs

What type of property is this?
Retail property - 5,000 SF, 100% Occupied, NNN Lease
Where is the retail property located?
The property is located at 2908 Santa Fe Ave Chanute, KS.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: $175,000 asking price.; 5,000 square foot Class B office/retail building.; 100% occupied, single tenant, NNN lease.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2908 Santa Fe Ave
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