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415 W Madison Ave

17,000 SF Vacant Retail Building Iola, KS 66749 $633,457 CAD ($37 CAD/SF)

Investment Highlights

  • Turnkey Business Opportunity
  • Tons of restaurant equipment included!
  • Upper level residence

Executive Summary

MOTIVATED SELLER! Upscale Restaurant/Bar/Venue - Turnkey Business Opportunity! This restaurant is in an ideal location located on 54 Highway as you come into Iola, KS. Our 17,000 sqft building is complete with everything you need including a 2,200 sqft loft on the upper level. The building features a new roof, recently added HVAC systems, freight elevator, complete bar and full commercial kitchen ideal for catering. See the attached list of a restaurant equipment included. There is plenty of room to expand the business on the upper level as well. This is a must see!

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
17,000 SF
Year Built
1930
Price
$633,457 CAD
Price Per SF
$37 CAD
Percent Leased
Vacant
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.37
Lot Size
1.06 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
29 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
255 ft on Madison Ave

Amenities

  • 24 Hour Access
  • Corner Lot
  • Fireplace
  • Restaurant
  • Signage
  • Wheelchair Accessible
  • Air Conditioning
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078-34-0-10-04-002.00-0
Land Assessment
$6,544 CAD
Improvements Assessment
$99,157 CAD
Total Assessment
$105,701 CAD
  • Listing ID: 29760886

  • Date on Market: 2023-10-11

  • Last Updated:

  • Address: 415 W Madison Ave, Iola, KS 66749

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