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For Sale

5 S Peoria Street

$899,000 · Built 1929

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$899,000

5 S Peoria Street · Louisburg, KS · 66053

  • Built 1929
  • For Sale
  • Est. $5,599/mo
Office
Built 1929
1.22 acres lot

About this home

Amazing investment opportunity for a beautiful, historic building in downtown Louisburg. What a great time to own this 33,000 sqft building that has been maintained regularly plus major updates to include a new roof (2020), updated electrical, updated plumbing, and replaced HVAC split systems as needed. This building was originally a school, the location of City Hall, and is laid out perfectly for a multi-use office/retail building. It also has the potential for many other uses. The main floor has a boutique, antique, and home furnishing business. A hair salon is also open for business on the main level. Either of the two separate stairways or functioning elevator take you to the second floor where there are multiple private office suites. Many are currently rented on a month-to-month basis with tenants who have been there for years. There are also vacant units ready for new tenants. 3 sets of public restrooms plus 2 suites with private bathrooms. In addition to the office spaces surrounding the upper level is a large room once used as a dance studio with a mirrored wall and great views. ADA ramp at the front entrance. Louisburg is a growing and thriving town only 15 minutes from Overland Park.

Facts & features

Interior

Bathrooms
0
Stories
2

Exterior & lot

Lot size
1.22 acres
Parking
Other, Parking Lot, Paved

Construction

Year built
1929
Property type
Office

HOA & financial

County
Miami
MLS #
HMS2515252

What it’ll cost

Estimated monthly payment

Monthly
  • Principal & interest
  • Property tax (est.)
  • Home insurance (est.)

Estimate only — taxes, insurance, and HOA vary. Confirm exact figures with a lender.

Neighborhood

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Louisburg market snapshot

$289,864

Median list price

76

Homes for sale

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Listing courtesy of Elite Homes Realty

Listing data provided in part by Heartland MLS and deemed reliable but not guaranteed. MLS #HMS2515252.