421 Madison AveDerby, KS 67037

For Sale
$310,000

KS Retail Building, $310,000

Overview

Added:
Dec 11, 2024
Days on market:
92
This 2,400 square foot retail building in Derby, Kansas, presents a compelling investment opportunity. Situated on a 9,378 square foot lot, this 1968-constructed property features one unit currently configured as a shopping center/storefront with three flex rooms, a break room, and storage. The building is zoned B-4 and can be easily divided into two spaces for owner-occupancy and leasing. Two HVAC systems ensure climate control. Excellent visibility and accessibility are provided by street and building signage, along with ample front and rear parking featuring improved pavement. The location offers convenient access from K-15/Baltimore and proximity to Madison Avenue Central Park, Derby City Hall, and Westview Retirement Center. Annual property taxes total $4,273.32 (general) and $6.71 (special). This property is priced at $310,000, representing a price per square foot of $129.17.

Highlights

  • Sale Price: $310,000
  • Lot Size: 9,378 SF
  • Building Size: 2,400 SF
  • Year Built: 1968
  • Zoning: B-4
  • Annual Property Taxes: $4,279.03

Property Details for 421 Madison Ave

Property type
Lifestyle centers, Power centers
Square Feet
2,400 SF
Year Built
1968
Buildings
1
Units
1

Location Insight

City
Derby
County
Sedgwick
State
Kansas
Latitude
37.54795198481
Longitude
-97.266214469701
421 Madison Ave, Derby, Kansas

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421 Madison Ave
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