El Dorado, KS 67042,226 W Central
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Listed by Michael K Wheeler • Mike Wheeler Real Estate
$ 199,000
Est. payment | /mo

6,534 Sqft Lot


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$ 199,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID SCK649112

Originating Board sckansas

Year Built 1920

Annual Tax Amount $8,824

Tax Year 2023

Lot Size 6,534 Sqft

Acres 0.15

Property Description

Seller is a licensed Kansas Real Estate Broker. Historic office building located in the downtown central business district. Building has an elevator, interior and exterior fire escape, dry basement with room(s) for storage. Roof in 2015. Currently has 9 rent paying tenants. Grant money is available for conversion to residential using the Heritage Trust Fund Grant Program and also using the HOPE Grant 2nd and 3rd floor of building can be converted to residential housing. Based on present conditions, property could be converted to middle income residential housing. 3 apartments on 2nd floor and 3 units on 3rd floor w/amazing rooftop possibilities. Building is zoned C2 which allows conversion to apartments. Building is also eligible for State and Federal rehabilitation tax credits.

Location

State KS

County Butler

Zoning Central Bus Dis

Direction 1 block West of Central & Main in downtown El Dorado. Directly across the street from the Butler County Court House.

Interior

Heating Gas

Cooling Central Air

Flooring Carpet

Fireplace No

Heat Source Gas

Exterior

Garage Description Street Parking

Utilities Available Gas, Electric, City Water, City Sewer

View Y/N Yes

Roof Type Asphalt

Present Use Office

Street Surface City Arterial,Highway

Building

Story 3

Structure Type Brick Full

Others

Miscellaneous Elevator,Fire Escape,Owner Storage

Acceptable Financing Month To Month

Listing Terms Month To Month

agent
Kim Blackim

Realtor/ Administrative Associate | License ID: 00217875

+1(316) 518-9614 | kim@pinnacleict.com

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226 W Central