Sealed Bid Auction! Commercial Building in Andover

Retail-Commercial for Sale
Catylist Listing ID: 30772065
Property Subtypes: Day Care Facility, Mixed Use, Other
Building Size (RSF): 10,370 SF
Gross Building Area: See Agent
Gross Land Area: 4 Acres
Sale Price: See Agent
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Sealed Bids: Yes
Cap Rate: Undisclosed
Last Updated: 12/3/2021

Overview / Comments

Sealed Bid Auction! COMMERCIAL BUILDING WITH 21ST ST & ANDOVER RD FRONTAGE - CORNER LOT - AMPLE PARKING - MULTI-USE BUILDING - HIGH VISIBILITY - EXCESS LAND FOR POTENTIAL DEVELOPMENT OR EXPANSION. The land consists of approximately 4 acres of zoned land with a large parking lot and located at a high traffic intersection. The commercial building is roughly 10,370 SF and consists of 10 class rooms, 8 offices, a break room, restrooms, storage, and more optional rooms providing a multitude of potential uses. Bids due by Friday, December 3rd at 1:00pm CST. The successful bidder shall be required to deposit $70,000.00 as earnest money. There is a 10% Buyer's Premium that will be added to the final bid price. Closing shall occur 45 days from the full execution of a Real Estate Purchase Agreement.

Additional Details

Nearest MSA: Wichita
County: Butler
Tax ID/APN: 3030500005003000
Year Built: 1987

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,552 14,361 40,740
Median Age: 31.54 38.31 37
Households: 809 5,091 14,188
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