First City Lofts

For Sale

614/616 Cherokee St, Leavenworth, KS 66048

This Leavenworth property for sale is located at 614/616 Cherokee St. The current listed sale price for First City Lofts is $650,000. First City Lofts is situated on a lot that is 0.15 acre in size.

Contacts

broker

Quinn Hahs

Clemons Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 7,475 SF
  • Units 8
  • Lot Size 0.15 Acre
  • Additional Rent Contact for pricing
  • Year Built 1863
  • Date Updated Oct 9, 2024
Located Along Historic Downtown Cherokee St. in Leavenworth, KS. The location boasts exceptional walkability directly across from Haymarket Square which hosts the City Market, Summer Concert Series, Wine Walks, Craft Beer Festival, Sidewalk Sale, and many other community gatherings, and just steps away from all Downtown Leavenworth has to offer. This Unique location between Fort Leavenworth and Saint Mary's University makes this ideal for both multifamily and retail tenants. Historically the property has experienced high occupancy with residents from the University and Command and General Staff CollegeWelcome to First City Lofts, where history meets modern convenience! This fully leased mixed-use asset offers an exceptional investment opportunity within a historic corridor. The property features 7 apartment units along with a 1500 sq. ft. commercial space, offering a diverse income stream. Units are fully occupied with long term leases. Each apartment unit is thoughtfully furnished with modern furniture, housewares, and flat-screen TVs. Utilities are paid by the landlord, ensuring hassle-free living for tenants. Exterior street doors are coded for private entry, enhancing security and convenience. A current resident provides caretaking and onsite cleaning services, and they’re available for emergency response if needed. First City Lofts boasts exceptional walkability, with a farmer’s market across the street and city events happening right in the neighborhood. Positioned between Fort Leavenworth and St. Mary’s University, this property offers strategic proximity to key institutions. Don’t miss out on this unique and lucrative opportunity!

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Highlights

  • Turn-Key, Renovated and Fully Leased
  • Mixed-Use Asset: 7 Unit apartment building with a 1500 SF commercial space
  • Stabilized income with an in place NOI of $54,673
  • Apartment units are fully furnished with modern furniture, complete houseware, flat screen tv’s, and all the comforts of home
  • Exterior street doors coded for private entry and package delivery
  • Current resident providing caretaking and onsite cleaning, plus availability for emergency response if needed

Attachments

Getting around

  • 87/100

    Walk Score ®

  • 45/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Leavenworth, KS
  • Neighborhood Leavenworth
  • Zip Code 66048
  • Market Kansas City

Points of Interest

  • Conoco

    0.33 miles

  • Shell

    0.57 miles

  • Phillips 66

    0.77 miles

  • Woody's Gas Express

    1.01 miles

  • Finish Line

    1.03 miles

  • Fort Leavenworth Gas Station

    1.48 miles

  • Casey's General Store

    1.53 miles

  • Star Gas

    2.02 miles

  • Resident Parking

    1.82 miles

  • Used Vehicle Resale Lot

    1.86 miles

  • FCC Parking

    2.30 miles

  • RV Storage Lot

    3.35 miles

  • USDB

    4.30 miles

  • Leavenworth Local Hotel

    0.13 miles

  • Hampton Inn Leavenworth

    0.20 miles

  • Union Park Guest House

    0.40 miles

  • TownePlace Suites Leavenworth

    0.71 miles

  • Fairfield Inn & Suites Leavenworth

    0.75 miles

  • Holiday Inn Express at Hoge Hall

    1.78 miles

  • Americas Best Value Inn Leavenworth

    2.15 miles

  • Econo Lodge Lansing - Leavenworth

    4.23 miles

  • Holiday Inn Express

    4.29 miles

  • Price Chopper

    1.58 miles

  • Fort Leavenworth Commissary

    1.62 miles

  • Fort Leavenworth PX

    1.64 miles

  • Walmart Supercenter

    3.39 miles

  • Dillons

    3.40 miles

  • ALDI

    3.49 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Quinn Hahs

Clemons Real Estate