714 Oregon StHiawatha, KS 66434

For Sale
$273,000

KS Office Building, 1060 sq ft, Leaseback Option

Overview

Added:
Feb 3
Days on market:
39
This exceptional commercial property at 714 Oregon Street, Hiawatha, Kansas, presents a unique investment opportunity. The building sits on a 0.16-acre lot and offers a blend of immediate income and significant upside potential. The 712 Oregon Street side of the building is currently leased and features 1060 square feet of functional space, including a reception area, three private office suites, a conference room, a training suite, and a restroom. All existing tenant leases will transfer to the new owner at the time of purchase, providing immediate cash flow. The building underwent a complete roof replacement in 2021, ensuring long-term structural integrity. The 714 Oregon Street side is available for leaseback by the current owner, offering flexibility for the new investor. Furthermore, an untouched second floor offers an additional 4250 square feet of space, ripe for conversion into additional rentable apartments or office space, significantly increasing the property's value and rental income. This property is priced at $273,000 and represents a compelling opportunity for investors seeking a strong return on investment in a stable market. The existing tenant base and the potential for expansion make this a truly attractive proposition.

Property Details for 714 Oregon St

Property type
Office properties, Other office properties
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Hiawatha
County
Brown
State
Kansas
Latitude
39.85317
Longitude
-95.53819
714 Oregon St, Hiawatha, Kansas

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714 Oregon St
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