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Investment Highlights

  • Executive Office
  • 65’ x 32’ Shop
  • Flex Space
  • Zoned Industrial M1
  • Heated Shop
  • Derby’s Industrial District

Executive Summary

Here is your opportunity to further grow your business and to grow permanent roots in a superb location in Derby; that displays pride of ownership. Call Luke Fanello for your private showing. Here are the details. This office/shop Flex space is located on the corner of Washington and River. It is 1 block away from State highway K15 and from the 83rd street bridge which provides excellent access West to access Interstate 35. The nearby view is the beautiful Warren Park which features the scenic Arkansas River, outdoor walking paths, pavilion with picnic tables, and kids jungle gym. A great opportunity for company picnics or scenic walks on lunch break or in between meetings. The property is a .29 acre lot, zoned Industrial M1. Water street frontage has been recently updated with fresh pavement, curb, sidewalks, and gutters; complimenting this well maintained property. Tons of concrete pavement provides a drive thru driveway providing access from water street and Washington street and plenty of parking options. The office space is 2,936 sq ft and is 1st Class with finishes such as 3” maple trim, ceramic tile flooring, and custom built-in front desk credenza. The executive office suite features rich maple hardwood floors, gas fireplace, tiered vaulted ceiling with crown molding and lighting package. One more private office and bathroom on the main floor and an expansive open room with 9’ ceilings that measures 1,136 sq ft and also has its own exterior access, kitchenette, and gas fireplace. this room would be great for a showroom, large conference room, or could even be divided for more office space. Downstairs is 900 sq ft that is all finished and has a large common space, kitchenette, bathroom, and a private room. The shop is massive and has tons of potential with endless options. The shop measures 65’ x 32’, is 2,080 sq ft, has a 10’ overhead garage door with opener, and natural gas heater. Attached to the shop is an additional 420 sq ft enclosed lean-to; great for equipment and storage. Don’t miss this opportunity to make this great property your business’s future home.
Call Luke Fanello for your private showing or for more information.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,436 SF
Building Class
C
Year Built
1998
Price
$653,515 CAD
Price Per SF
$120.22 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
5,436 SF
Building FAR
0.26
Lot Size
0.48 AC
Zoning
M1
Parking
6 Spaces (1.1 Spaces per 1,000 SF Leased)

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Bob Cook Homes
  • Construction
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Bob Cook Homes Construction - - -
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
241-12-0-24-04-002.00
Land Assessment
$2,815 CAD
Improvements Assessment
$127,996 CAD
Total Assessment
$130,811 CAD
  • Listing ID: 38464793

  • Date on Market: 2025-11-15

  • Last Updated:

  • Address: 121 S Water St, Derby, KS 67037

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