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221 and 205 Mill Road, 
Neodesha, KS 66757

$625,000


Bed


Bath


-

Sq Ft


Multi-Family

Active

Listed by

Lora May

Crown Realty

913-795-4555

Last updated:

April 2, 2025, 02:14 PM

MLS#

2518466

Source:

MOKS HL

About This Home

221 and 205 Mill Road

This remarkable investment offering includes 2 interconnected properties combined 46,540 sq. feet on 3.28 acres. The three-story apartment building of 28,000 square feet has 3 units available to rent out at $750/ month each. There is potential space for 12 additional units. Private parking lot 100 ftx X 100 ft. with space for 40 vehicles plus street parking. Attached former Nursing Home 18,540 sq. ft. sits on 2 acres just outside city limits. Layout of 36 rooms that can be reconfigured for community living or converted into 18 one-bedroom apartments. Commercial kitchen area for shared dining or catering options. Community showers/restrooms/laundry facilities. Flexible multiple uses: Affordable housing, senior living or a unique combination rental units and community-oriented spaces. Space for up to 30 additional units. There is any number of small businesses or storage facilities possible. Own and develop this large-scale opportunity to meet your potential investment plans!

Home Facts

Multi-Family

Built in 1967

Price Summary

625,000

MLS #:

2518466

Last Updated:

April 2, 2025, 02:14 PM

Added:

5 month(s) ago


Structure

Structure

Year Built:

1967


Finances & Disclosures

Finances

Price:

$625,000

Source:MOKS HL
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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.