1717 8Th StCoffeyville, KS 67337

Property Details for 1717 8Th St

Year built

1980

Construction

FRAME

Lot size

0.72 AC

Property size (Sq ft)

4,253 SF

Property type

Medical offices

Property subtype

Medical centers

APN

222-03-0-10-03-003.01-0

APU

2220301003003010

Description

This versatile 4,253 square foot commercial building, situated on a 0.72-acre lot at 1717 W 8th Street in Coffeyville, Kansas, presents a unique investment opportunity. Originally constructed in 1980 as a city fire department, the property most recently served as a doctor's clinic. The building boasts a range of features ideal for various uses, including potential conversion to multifamily units. The spacious interior includes a reception area, waiting room, kitchen, a second potential kitchen or lab area, four and a half bathrooms, and six exam rooms. A large doctor's office with a built-in conference room and attractive wood shelving adds to the functionality. The building also features a double entry front entrance and two additional exits/entries, one on the north and one on the south side. Three additional sizable rooms offer flexible space, complemented by built-in document storage cabinets. County records indicate ceiling heights of 8 and 12 feet, though ceilings have been lowered in sections for the previous clinic use. The building includes paved parking. While carpet has been removed due to a repaired winter water leak, this presents an opportunity for customization. This property offers significant potential for a variety of commercial or residential ventures. The asking price is $150,000.

• CAP approach

  CAP return

  Valuation

  6%

  $370,742

  6.5%

  $342,223

  7%

  $317,779

• Comparable approach

  Method

  Valuation

  Relative Method

  $304,217

  Geo Method

  $304,217

• Alternative Use

  Use

  Valuation

  Residential

  $424,357

  Hospitality

  $388,709

  Educational

  $323,401

  Medical

  $334,523

  Retail

  $503,068

Location Insight

City

Coffeyville

County

Montgomery

State

Kansas

Latitude

37.0359

Longitude

-95.6441

CBSA code

17700

CBSA name

COFFEYVILLE, KS MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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