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226 W Central Ave 16,500 sq ft 100% Let Office Property El Dorado, KS 67042 £129,915 (£7.87/sq ft)
EXECUTIVE SUMMARY
Welcome to the Smith Building! Located in the heart of El Dorado's historic downtown, directly across from the Butler County Courthouse, this legendary property offers an incredible investment opportunity. Originally constructed in 1920 as the St. Luke's Hospital and since converted to downtown office space, this 3-story building offers 16,500 sf (5,500sf on each level), in addition to a 6,020sf unfinished basement. The building includes an elevator, interior and exterior fire escape, dry basement for storage and a 2015 roof. Currently there are 9 rent paying tenants. Great opportunity to invest in El Dorado's stable market and be a part of downtown revitalization!
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Property Subtype
Office / Residential
Property Size
16,500 sq ft
Costar Property Class
C
Year Built/Renovated
1921/2021
Price
£129,915
Price per sq ft
£7.87
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
5,500 sq ft
Plot ratio
2.53
Total Plot Size
0.15 ac
Opportunity Zone
Yes
Use Class
Commercial - Commercial & Industrial
AMENITIES
- 24 Hour Access
- Property Manager on Site
- Storage Space
- Basement
- Bicycle Storage
- Partitioned Offices
- Air Conditioning
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Walk Score®
Easily Walkable (71)
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226 W Central Ave
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