Prime Investment Opportunity in El Dorado Historic District - Strong Income with Significant Upside! Exceptional mixed-use investment property featuring 14 office spaces on the main level and 5 fully-leased apartments on the upper level. Currently generating $3,835/month with substantial room for growth, this property has demonstrated income potential of $5,000-$6,000/month when fully occupied! All 5 apartments are 100% occupied, and 6 of the 14 main level offices are currently leased, presenting an immediate opportunity to increase income by over 50% through strategic leasing. This solid brick building, constructed in 1900, sits prominently on the corner of W. Pine Ave. and S. Main Street with excellent visibility and traffic flow. Located directly across from the El Dorado Judicial Building, it benefits from consistent foot traffic and professional proximity in the heart of the El Dorado Historic District. The main level commercial space includes 14 individual office suites along with a shared conference room and kitchen. The well-maintained carpeted spaces throughout are perfect for professional services, medical offices, or small businesses. The upper level residential component features one studio apartment, three one-bedroom one-bathroom units, and one two-bedroom two-bathroom unit. All apartments showcase attractive brick accent walls and benefit from a convenient downtown location near shopping and churches. Units historically rent from $500-$600/month. This property offers investors proven rental history with strong demand, diversified income streams through both commercial and residential spaces, and the character and charm of a historic building in a prime downtown location. The significant value-add opportunity through lease-up of vacant office spaces makes this an exceptional acquisition opportunity with immediate cash flow and a clear path to substantial income growth!
Come check out this one-of-a-kind property! This building offers a ton of space and lots of character! The main level features a gorgeous open room with a stage and a balcony overlooking the space. There are two rooms and two bathrooms at the back of the sanctuary. Behind the stage, you can find a full bathroom, baptismal pool room, and another smaller room! The main level also offers a spacious dining hall right off the full kitchen! Take a look upstairs, which can be accessed by two different staircases, where you find the beautiful balcony and TEN more rooms varying in size! Outside, you can find the parking lot, two porch areas, and the two buildings that come with the property! Towards the back, you can find a 43' x 23' building that features a kitchen and bathroom, offering great potential for many uses! You can also find a 1,024 SQFT house that contains three bedrooms, one bathroom, a full kitchen, and a cozy front porch! Don't miss out on the opportunity to make this unique property your own! The possibilities are endless!
Attractive office building with excellent visibility on 6th Street. The building is 2,450 square feet and offers 5 private offices, 2 reception areas, break room, two Half-Baths and a concrete vault room. Half-acre paved lot. Zoned Central Heat/Air. The main office is complete with it's own Half Bath and wet bar.
Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, Sept 2nd, 2025 at 2 PM (cst) BIDDING CLOSING: Wednesday, Sept 10th, 2025 at 2:10 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! This is an amazing opportunity to purchase a retail/office/multi-family building in Historic Downtown El Dorado! The property features two separate entrances for the main floor space, a private street entrance, and access from the main floor interior to the second floor, and 8,000± square feet of blank canvas! With multiple updates and upgrades, the potential here is endless! FEATURES: 8,001± square feet Zoned General Commercial Multiple entrances Front-facing display windows Updated windows - 2nd floor on Main St. Roof replacement 2015 New HVAC 2016 Two entrances, each with display windows Beautifully set up for a retail space Gorgeous wood flooring throughout main level Shelves and racks Changing rooms Office Checkout counter Basement office & storage Second floor High ceilings Versatile spaces Open layout POSSIBLE USES: Retail space Restaurant/bar Urban or loft apartments Creative space So Much More!!! This building could qualify for the Federal Historic Preservation Tax Incentives program and the Kansas State Historic Preservation program. Please see Supporting Documents for more information. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of check, or immediately available, certified funds in the amount of $7,500.
New roof and siding repairs!! This property would be an excellent location for a new business addition to the El Dorado area. It encompasses nearly half an acre with entrances on Central and Arthur Streets. A commercial building is situated on the property, currently operating as a barber shop with its own entrance. Additionally, there are other offices within the building that are presently unused. The property was recently consolidated under one legal description.
Andrea D. Conner, License 237733, Xome Inc., License 2173, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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El Dorado is located in Kansas. El Dorado, Kansas has a population of 12,855. El Dorado is less family-centric than the surrounding county with 34.1% of the households containing married families with children. The county average for households married with children is 38.47%.
The median household income in El Dorado, Kansas is $49,248. The median household income for the surrounding county is $71,651 compared to the national median of $69,021. The median age of people living in El Dorado is 34.2 years.
The average high temperature in July is 89.8 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 37.7 inches per year, with 11.5 inches of snow per year.
