422 Main StOttawa, KS 66067

For Sale
$750,000

Historic Masonic Temple, High Income Potential

Overview

Added:
Dec 11, 2024
Days on market:
93
This stunning, two-story commercial property at 422 S Main Street in Ottawa, Kansas, presents a unique investment opportunity. Built in 1927, this historic Masonic Temple boasts approximately 10,500 square feet of land and offers a versatile mix of office and retail space. The building features approximately 10,000 square feet on each of its two floors, including various sized office spaces, a large auditorium complete with a balcony and stage, a commercial kitchen, and a dining hall. A significant 10,000 square foot unfinished basement provides ample storage. The property is currently generating over $4,000 per month in rental income from multiple leased spaces, although these leases expire December 31, 2024. Accessibility features include a stair lift providing wheelchair access to the second floor. The building is well-maintained, with a new roof installed in November 2021 and a six-year-old boiler. Beautiful oak hardwood floors grace the second floor, and eight restrooms are conveniently located throughout the building. Concrete floor joists provide a solid foundation. Located in the heart of downtown Ottawa (zip code 66067), this property offers exceptional potential for a variety of commercial uses. The asking price is $750,000. This is a rare chance to acquire a piece of Ottawa's history with significant income potential.

Property Details for 422 Main St

Property type
Other retail properties, Other office properties
Year Built
1927
Stories
2

Location Insight

City
Ottawa
County
Franklin, KS
State
Kansas
Latitude
38.6120215
Longitude
-95.2688293
422 Main St, Ottawa, Kansas

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422 Main St
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