507 W 8th St, Coffeyville, KS 67337

This property presents a unique opportunity, offering 2250 sq. ft at $26.66 per sq. ft, making it an excellent starting point for a shop, business, or even a home with a garage. Situated on a corner lot just under 1 acre, its commercial zoning in a business area allows for various uses. While residential use is a lesser use and should be permitted, we recommend confirming with the city if you plan to convert it to a residence. The lot extends west to Beech Street and east to a service station. Recent upgrades include a new roof, 11 new double-pane windows, removal of damaged ceiling tiles, installation of insulation and a new PEX water line to the half bath. The previous owner began demolition work to convert it into an office building but found another property that better suited their needs. This means you have the flexibility to complete the property to your specifications. The building is currently open with 2 offices that can be reconfigured. The original plate glass storefronts were removed, but the glass remains on-site if you wish to reinstall them. Remodel was started on the 1/2 bath. The property offers ample parking, and the south end of the building shows signs of a past additional structure, possibly a car lift, evidenced by metal in the concrete. There is room to expand the building to the south while maintaining plenty of parking. South interior end appears to have had fire at one time you can see charred rafters. Past use has been car dealership and monument sales. Included with this property are the lots to the west with the CCC totem poles. The college currently leases this land for $400.00 annually, with the rent paid through July 2026. This lease can be terminated with proper notice, and the totem poles can be removed. Regarding monitoring wells on the property, the current seller has no information about them. The previous owner mentioned receiving a report years ago indicating a check was done with no leaks, but they did not have the report. The property has central heat and air, though they have not been used by the current owner. The southend of the building the metal is bowed in, it was not like that when the owner purchased it. Some logs were stored there and removed so it could have happened when they were moved. This end might work good for an overhead door. There was an old water pipe in the SW corner of building that leaked prior to this ownership and caused water makes on the south wall that water pipe has been eliminated and new pex water line installed.