505 16Th StWellington, KS 67152

For Sale
$275,000

High-return, two-unit property with drive-thru.

Overview

Added:
Feb 3
Days on market:
39
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.

Property Details for 505 16Th St

Property type
Investment properties, Other investment properties
Square Feet
2,400 SF
Year Built
2009
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Wellington
County
Sumner
State
Kansas
Latitude
37.27595
Longitude
-97.39342
505 16Th St, Wellington, Kansas

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
505 16Th St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message