McCurdy Auction - Tuesday, October 23rd, 2018 at 2:00 PM

Retail-Commercial for Sale
Catylist Listing ID: 30342129
Property Subtypes: Free-Standing Building, Mixed Use, Retail-Pad, Other
Building Size (RSF): 1,810 SF
Gross Building Area: See Agent
Gross Land Area: 22,000 - 24,000 SF
Sale Price: $137,500
Unit Price: $75.97 PSF
Ceiling: 13 ft.
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 11/14/2018

Overview / Comments

Live and Online. Great investment opportunity in Southeast Wichita! Two Parcels offered separate and together. Parcel A features a 1,810 square foot office building on 0.55 +/- acres. Parcel B features a n 0.97+/- acre lot previously used as a car lot.

Offering a 1,810 square foot office building on 0.55 +/- acres. Previously used as offices for an insurance company, this all-brick building offers high visibility frontage and is conveniently located only a few minutes away from I-35 Highway . This property is zoned LC-Limited Commercial.

The exterior features a paved parking area and some covered parking. East of the building you will find a large additional space with full privacy fencing.

The interior of the building features central heat/air and opens to a spacious reception area with vaulted ceilings and a fireplace with a mantle. Three spacious offices with tall ceilings and windows can be found in this building. A kitchenette includes lots of cabinet space, a stove with a hood and a microwave. You will also find a small closet with extra storage space. The building features City water and sewer, electricity, and natural gas.

Don't miss this great investment opportunity and schedule your private showing today!
*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. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $10,000.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Retail Clientele: Business
Property Visibility: Good
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1977
Roof Type: Other
Construction/Siding: Brick
Total Parking Spaces: 25
Parking Type: Surface
Parking Description: Over 25 spaces
Heat Type: Electricity, Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal
Legal Description: S 90 FT LOT 7 & N 6 FT LOT 8 BLOCK 2 W.P. HIGGINS ADD

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,310 95,550 222,208
Median Age: 31.18 32.34 33.57
Households: 4,324 39,278 89,161


Photograph of Listing Agent

Megan Rae Niedens

McCurdy Auction, LLC
KSCRE Member
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