First City Lofts

614/616 Cherokee St, Leavenworth, KS 66048

  • For Sale $650,000
  • 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 Dec 10, 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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Attachments

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

Contacts

broker

Clemons Real Estate

Location

Getting Around

  • Walk Score ®

    87/100 Very Walkable
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

  • Ten Penny Restaurant & Bar

    0.05 miles

  • Wizard of Pho

    0.21 miles

  • DQ Grill & Chill

    0.22 miles

  • Baan Thai Restaurant

    0.22 miles

  • The Depot

    0.28 miles

  • Pullman Place Restaurant

    0.30 miles

  • Tampico Mexican Restaurant

    0.34 miles

  • Domino's

    0.46 miles

  • Pizza Hut

    0.49 miles

  • Excellent Choice Catfish

    0.68 miles

  • Earl M Lawson Elementary School

    0.65 miles

  • Guidepost Montessori at Leavenworth

    0.76 miles

  • Howard Wilson Elementary School

    0.77 miles

  • Patton Junior High School

    1.14 miles

  • Eisenhower Elementary School

    1.56 miles

  • Eisenhower Auditorium

    1.86 miles

  • Bradley Elementary School

    1.91 miles

  • MacArthur Elementary School

    2.47 miles

  • University of Saint Mary

    2.72 miles

  • Salt Creek Valley Elementary School

    3.91 miles

  • Main Child Development Center

    1.47 miles

  • Osage School Age Center

    1.60 miles

  • Santa Fe Child Day Care

    2.16 miles

Frequently Asked Questions

How much does First City Lofts cost?

The space currently listed for sale at First City Lofts asks for $650,000.

What is the total square footage of First City Lofts?

First City Lofts totals 7,475 square feet.

When was this property built?

First City Lofts was built in 1863.

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Contact Listing Broker
broker

Clemons Real Estate