3 Blocks from Downtown Flyover - Sunflower Plaza

Retail-Commercial for Sale
Catylist Listing ID: 30741424
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Street Retail, Other
Building Size (RSF): 1,280 SF
Gross Land Area: 7,050 SF
Sale Price: $78,500 - 80,000
Unit Price: $61.33 - 62.50 PSF
Ceiling: 10 ft.
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Sunflower Plaza
Usable Size (USF): 1,280 SF
Sale Terms: Cash to Seller, Purchase Money Mortgage, Owner Financing
Cap Rate: Undisclosed
Last Updated: 10/25/2021

Overview / Comments

Flexible building can be separated for two tenants, or all one user. The 417 has and attached fenced side yard. So this could be a office and shop building for a small contractor that needs the fenced secure area for his trailers. Would make a great appraiser office, or retail upholstery. Flooring recently re-surfaced and full new paint. Ready for occupancy. Several tables and chairs as well as triple sink shall remain. Nice bathrooms on each side. 415 side has a storage mechanical room, 417 does not yet have a separate storage room. See property improvement lists, and property condition reports is available for buyer and tenant review. FOR SALE OR FOR LEASE $400 per side - Total $800 per month Tenant pays all utilities, trash. Landlord pays taxes building maintenance.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Taxing Authority: Sedgwick County
Tax ID/APN: 087128280230200200
Retail Clientele: General, Family, Business, Other
Property Located Between: Topeka and Emporia across the street from the Church
Property Visibility: Good
Largest Nearby Street: Topeka
Highway Access: US Hwy 54/400 commonly known as Kellogg
Airports: Dwight D Eisenhower Airport & Jabara or Benton for Private Planes
Site Description: City Lot approximately 60 wide x 117 deep Building is 32 wide by 40 deep
Area Description: Residential neighborhood with large church across the street facing Topeka, signs say they have Sunday and Tuesday evening services.
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Typical SF / Floor: 1,280 SF
Property Condition: Good
Year Built: 1940
Year Renovated: 1920
Roof Type: Flat
Construction/Siding: Block
Exterior Description: Vintage 1940 with Amazing hand painted Sunflower on the east side of the building and an alley on the west side of the building.
Parking Type: Surface, Other
Parking Description: Street parking now, fenced side yard could be converted to off street parking, and the church across the street has ample parking, prior operators had a parking allowed agreement with owner. No agreement to use at this time.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Evaporative Cooler
Interior Description: Large open spaces with partial wall separation, could be closed in if split into two tenant spaces.
Zoning Description: Limited Commercial
Lot Frontage: 60
Lot Depth: 117
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Per title work and city records
Land Ownership: Fee Simple
Legal Description: W 60 FT LOTS 109-111 BLOCK 9 ORME & PHILLIPS ADD.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,754 130,331 251,680
Median Age: 32.65 32.96 33.68
Households: 4,974 52,891 102,498
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