2615 W. 13th St. N, Witchita, KS 67203

Retail-Commercial for Sale
Auction
Catylist Listing ID: 30439651
Property Subtypes: Free-Standing Building, Restaurant
Building Size (RSF): 2,936 SF
Gross Land Area: 30,000 - 34,000 SF
Sale Price: See Agent
Ceiling: 10 ft.
Property Use Type: Net Leased Investment (NNN)
Building Name: Want Coffee
Usable Size (USF): 2,936 SF
Sale Terms: Undisclosed
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 6/11/2019

Overview / Comments

LIVE AUCTION WITH ONLINE BIDDING! This property is being offered in a multi-property auction conducted off-site at the REALTORS of South Central Kansas building (170 W. Dewey, Wichita, KS) on Wednesday June 26th at NOON. Doors open at 11:00 AM for registration or pre-register online. All properties selling with clear title at closing and no back taxes. Properties will have preliminary title work completed by Security 1st Title, unless otherwise denoted. Title company closing and title insurance fees will be split equally between the Buyer and Seller.

Offering a 2,963 Sq.Ft. commercial building. Great location sitting right of 13th St. in between West St. and Meridian Ave.

High daily traffic count of 18,835
.76 acre lot
75 parking stalls
Paved parking lot
Freestanding all brick building
Side wall of less than 10 ft.
Tenant occupied at $1,500 a month until 01/31/2020 and then $1,800 from 02/01/2020 - to 01/31/2023
CH/CA
DISCLOSURES
There are certain deed restrictions related to the operation of restaurants. Please see the property information packet for full details.

Current Tenants

Tenant Business Name Want Coffee
Is Renting? Yes

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087136130110100500
Zoning: LIMITED COMMERCIAL
Retail Clientele: General, Family, Traveler
Property Located Between: 13th St & West St
Property Visibility: Good
Largest Nearby Street: 13th St.
Traffic/Vehicle Count: 18,835
Highway Access: Hwy 235
Airports: Dwight D. Eisenhawer
Site Description: Offering a 2,963 Sq.Ft. commercial building. Great location sitting right of 13th St. in between West St. and Meridian Ave. High daily traffic count of 18,835 .76 acre lot 75 parking stalls Paved parking lot Freestanding all brick building Side wall of less than 10 ft. 440 Volt Three Phase Tenant occupied at $1,500 a month until 01/31/2020 and then $1,800 from 02/01/2020 - to 01/31/2023 CH/CA
Area Description: Retail and Residential
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,936 SF
Year Built: 1961
Year Renovated: 1998
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: Brick freestanding building with a large paved parking lot that includes 75 stalls.
Total Parking Spaces: 75
Parking Type: Surface
Parking Description: Large paved parking lot.
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Large eating area with booths and tables, also area for relaxing.
Zoning Description: Limited Commercial
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,612 91,703 210,742
Median Age: 40.23 34.75 34.57
Households: 5,699 37,774 84,652

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