2230 S King St, Ottawa

2230 S King St, Ottawa, KS, 66067

Price: $500,000

SAME SIZED LOT (1.2 ACRES) ACROSS ST SOLD FOR $800,000 LAST YEAR, EARNED NO INCOME, VACANT BUILDING WAS DEMOLISHED & DEVELOPED
ADDITIONAL ACREAGE NORTH OF THE CAR WASH (GRASSY AREA IN IMAGES) THAT CAN BE DEVELOPED TO THE EDGE OF THE PROPERTY LINE

C3 ZONING - ALLOWED BUSINESSES IN DOCUMENTS
HIGH TRAFFIC AREA - OFF I-35 & 59 HWY
2019 Net Income $79,000 - 15.8 CAP RATE
2018 Net Income: $81,000 - 16.2 CAP RATE

ONLY CAR WASH IN THE AREA FOR SEMI TRUCKS/ RV/ TRAILERS!

LOCATION & POSSIBLE EXPONENTIAL INCREASE IN VALUE!! ABILITY TO EARN INCOME NOW! ABILITY TO CREATE MORE INCOME UTILIZING UNDEVELOPED LAND ON LOT!

View the full listing here: https://www.loopnet.com/Listing/2230-S-King-St-Ottawa-KS/15313532/