Hard Corner Investment Property

Retail-Commercial for Sale
Catylist Listing ID: 30595890
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 12,010 SF
Gross Land Area: 62,988 SF
Sale Price: $700,000
Unit Price: $58.28 PSF
Property Use Type: Investment, Business
Building Name: Shooters Bar & Grill/Corner Liquor Store, Warehouse
Usable Size (USF): 12,010 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/29/2020

Overview / Comments

Great owner user/investment opportunity on hard corner of Hydraulic & Wassall. 4 total buildings for sale totaling 12,010 sq feet sitting on 1.44 Acres (62,988 sq ft) of land. Shooters Pool Hall and Bar & Grill is the owners operating business, and is one of the last few pool halls in the Wichita area. On the corner is a gross leased Liquor Store with 2520 square feet of space and plenty of parking. To the east of that is a food shack for drive up dining space of 360 sq ft. East of that building is a warehouse of 3200 square feet. Shooters pool hall is nearly 6000 square feet and contains two separate pool areas, one smoking, and one non smoking. In the center of the building is a full bar with kitchen. This is a great opportunity to purchase a great business with a strong following in the billiards community, with additional options for investment space.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Taxing Authority: Sedgwick County
Tax ID/APN: 087212030230400600
Zoning: LIMITED COMMERCIAL
Retail Clientele: Business, Recreation
Property Located Between: Sits on hard corner of Hydraulic & Wassall.
Property Visibility: Excellent
Largest Nearby Street: Hydraulic
Feet of Frontage: 200
Traffic/Vehicle Count: 7,850
Highway Access: 1 mile from Hwy 135 1/2 mile from K-15 5 miles from Kellogg (HWY 400)
Airports: 10 miles to Dwight D Eisenhower National Airport
Site Description: Level Site at hard corner of Hydraulic & Wassall. Property contains 4 buildings with excellent parking availability
Area Description: Subject property is located near Quik Trip (across the corner), Cactus Cantina & Grill, Fat Ernies Family Dining, Puerto El Triunfo, Metro by T-Mobile, Cricket Wireless.
Tenancy: Multiple Tenants
Total Number of Buildings: 4
Number of Stories: 1
Property Condition: Average
Year Built: 1970
Year Renovated: 1993
Roof Type: Flat
Construction/Siding: Block, Brick, Stucco, Other
Exterior Description: Shooters is Block & Stucco Liquor Store is Block & Brick Food Shack is Wood & Stucco Warehouse Metal exterior
Total Parking Spaces: 86
Parking Type: Surface
Parking Description: Shooters 36 spaces Liquor Store 25 spaces Warehouse 20 spaces Food Shack 5 spaces
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Internet Access: DSL
Zoning Description: Entire property is located in Limited Commercial Zoning
Lot Frontage: 200
Lot Depth: 220
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Multiple-See Tax Site

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,700 104,056 222,137
Median Age: 32.14 32.3 33.72
Households: 5,175 41,814 90,506
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