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Key Details
Sold Price $210,000
Property Type Commercial
Sub Type Business
Listing Status Sold
Purchase Type For Sale
Subdivision City Of Cheney
MLS Listing ID SCK668563
Year Built 1910
Annual Tax Amount $4,604
Tax Year 2025
Lot Size 6,969 Sqft
Property Sub-Type Business
Property Description
Investment opportunity in Cheney, Kansas! 125 N Main Street has the potential for at least 6 (yes, six!) rental spaces. Four of the six spaces are currently rented, making this a great investment opportunity! Headquarter your own business here, start a new one, or rent the space to others. Using the color coded floor plan in pictures as a guide - the Times-Sentinel Newspaper will continue its normal operations and will rent the area shaded in yellow for $500/month, the front office area shaded in purple is available for rent at $700/month, the two office suite shaded in lavender is available for at least $300/month, the office and garage space in pink is currently rented at $550/month, the garage space in orange is currently rented at $250/month, and the upstairs apartment is currently rented at $385/month. This leaves the new owner with a potential of AT LEAST $2,685 in monthly rental income! RUN, don't walk, to this see all that this building has to offer. If you want your rental income all in one spot, here it is! Cheney is a progressive town, offering many amenities that not many small towns have. Bring your business here and add to the culture of the town. Call for a showing!
Location
State KS
County Sedgwick
Area 6800
Zoning Limited Comm
Interior
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Flooring Carpet, Vinyl
Exterior
Garage Description On Street
Utilities Available Natural Gas Available, Electricity Available
View Y/N Yes
Roof Type Tar/Gravel
Building
Story 1.5
Structure Type Block
Others
Acceptable Financing Other - See Remarks
Listing Terms Other - See Remarks
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