325 S Summit St

Description

Looking for a versatile and potentially profitable real estate opportunity? Look no further than this amazing over 10350 sqft building located in the heart of downtown Arkansas City! Boasting a corner lot with plenty of parking, this unique three-story building offers incredible views of the surrounding area. As an added bonus, this property is located in an opportunity zone, which means there are tax rebate opportunities available for the savvy investor. With its potential for use as a retail space, office, Air BNB, apartments, and more, the possibilities for this building are truly endless. Looking to generate rental income? With the potential for 15 one-room suites, 4 or more apartments, and still leaving space for retail in the front, this property is perfectly suited for a variety of different uses. And with separate access doors for each space, it's easy to manage and maintain. Of course, it's important to note that any potential buyer will need to obtain the necessary permits from the city before making any major changes. And while the building is in need of repairs, the seller is offering it as-is, where-is, allowing the buyer to make their own improvements and put their own stamp on this incredible opportunity. Don't miss out on this chance to own a truly unique and versatile piece of real estate in Arkansas City. Contact listing agent today to schedule a viewing and see the potential for yourself!