505 16Th StWellington, KS 67152

Property Details for 505 16Th St

Year built

2009

Lot size

0.45 AC

Property size (Sq ft)

2,400 SF

Zone code

RV09

Property type

Warehouses

APN

151-11-0-40-01-021.01-0

APU

1511104001021010

Description

This exceptional Wellington, KS commercial property presents a prime business opportunity. Located at 505 E 16th St, this 2,400 square foot building sits on a 1.3-acre lot and is currently priced at $275,000. The property features two separate units, each boasting a dedicated bathroom and a large main area measuring 14x38 feet. Additionally, each unit includes a spacious 16x30 foot north room, offering ample space for various business needs. One unit is currently generating a stable monthly income of $1,200 through an existing lease, providing immediate return on investment. The property's former use as a pharmacy, complete with a convenient drive-thru, ensures excellent visibility and accessibility, making it an ideal location for a wide range of businesses. Its strategic location and versatile layout offer significant potential for both investors seeking a strong rental income stream and entrepreneurs looking to establish their own ventures. The expansive lot size provides ample parking and potential for future expansion. This is a rare opportunity to acquire a well-situated, income-producing commercial property in a thriving community.

Location Insight

City

Wellington

County

Sumner

State

Kansas

Latitude

37.276

Longitude

-97.3933

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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