AUCTION! Commercial Property in Wichita, KS

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30723530
Property Subtypes: Free-Standing Building
Status: Pending
Building Size (RSF): 30,253 SF
Gross Building Area: See Agent
Sale Price: See Agent
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 6/4/2021

Overview / Comments

UPCOMING AUCTION! This is a great opportunity for redevelopment or to fix up this large commercial building with high visibility. The location is ideal with easy highway access and it is surrounded by residential and commercial development. The building is roughly 30,253 total SF and is comprised of individual suites. The exterior is mainly all brick and has a flat roof. With great visibility surrounded by neighborhoods, churches and other business this could be an ideal investment for a business owner, developer or investor. Auction will be held Online and On Site - Friday, May 14th at 11:00am. There is a 10 percent buyer's premium on this sale with closing within 30 days. 10 percent of the purchase price will be due as earnest deposit the day of the sale. Sale is as is, where is and is not contingent upon inspection or financing. Buyer is responsible for doing their own due diligence. Auction is subject to seller confirmation.

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087128270410201500
Zoning Description: Limited Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,608 122,488 257,171
Median Age: 35.59 32.87 33.57
Households: 6,957 49,932 104,641
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