The owner of this commercial property is selling to reinvest proceeds into other commercial real estate. 165 N Main Street, New Strawn, Kansas is a 30x60 building originally built in 1980 but upgraded into the current space in 2011. Lot size is 9250 square feet that contains room for extra storage units and parking. This property is currently rented with a triple net lease set to expire in December, 2026 that contains a no termination exit clause. The current tenant has the option to renew for a 5 year period. Tenant takes care of all maintenance (except roof), pays all utilities and real estate taxes. Property has 3 phase power with fibernet across the street. Backup generator and mini split were added in 2023. Property has access control; fire alarm and cameras. The property entrance opens into 29.5 x 45.5 open space that can be used for office and building/construction space. A separate locked 14.9x29.5 area is set up for warehouse storage and office area. There is a small locked area that is used for housing and maintaining secure equipment. Showings will need to be by appointment during business hours 8am to 4:30pm Monday through Friday.
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
