Plaza Mexico

Shopping Center for Sale
Sealed Bids
Also listed as Retail-Commercial
Catylist Listing ID: 30719102
Property Subtypes: Community Center, Fashion/Specialty, Free-Standing Store, Mixed Use, Neighborhood Center, Strip Center
Building Size (RSF): 21,182 SF
Gross Land Area: 101,357 SF
Sale Price: $1,250,000
Unit Price: $59.01 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Business
Building Name: Plaza Mexico
Usable Size (USF): 21,182 SF
Sale Terms: Undisclosed, Cash to Seller, Other
Sealed Bids: Yes
Call for Offers: Yes
Short Sale/Bank-Owned: Yes
Cap Rate: Undisclosed
Average Occupancy Rate: 50
Last Updated: 7/9/2021

Overview / Comments

You can not miss this opportunity, Historically know as the "bowling Alley", strongly build in 1960, this building has had many uses and keeps going strong to the future. Conveniently located on Wichita's North Area, where commercial and industrial development has been happening and continues happening since 5 years ago. close 135 N and S bounds, and 235 N and S bounds. All information provided is deemed reliable, but is not guaranteed and should be independently verified by buyer and/or buyer agent

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Taxing Authority: Sedgwick County
Tax ID/APN: 087123050240100700C
Zoning: LIMITED COMMERCIAL
Retail Clientele: General, Family, Business
Property Located Between: N Arkansas Ave and N Amidon, next to Wichita Public Library - Evergreen Branch and
Property Visibility: Excellent
Largest Nearby Street: N Arkansas Ave, W 25th st N, N Amidon Ave
Feet of Frontage: 120
Highway Access: 5 mins from I 235 N and S bounds and 10 mins from 135 N and S bounds, 10 mins from K 96 E and W bounds.
Airports: 8 miles (10 mins) from Wichita Dwight D. Eisenhower National Airport
Site Description: Perfect place for any type of business and operations, like a warehouse, distribution center, storage units, indoor soccer and basketball courts, etc... or to continue as strip mall with independent retail shops
Area Description: Area neighborhood includes shopping retail like Wal-Mart, ALDI, DILLONS, future RIO BRAVO MEXICAN STORE, DOLLAR TREE,GOODWILL, SHUTERLANDS, and dine-in and fast food restaurants such as McDONALD'S, HARDEE'S, ARBY'S, WENDY'SCHIPOTLE, STARBUCKS, DEFAZIO'S, ISLAS MARIAS SEA FOOD, GORDITAS NORMA, LA JEREZANA, TACOS PEREZ, TACOS EL FOGON, HUDLE HOUSE. -Other neighbors in the area are the DMV, PLANET FITNESS and NORAC CALL CENTER AND THEFUTURE AMAZON WAREHOUSE located WITHIN 15 MINUTES NORTH IN VALLEY CENTER.
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 21,182 SF
Property Condition: Good
Year Built: 1960
Year Renovated: 2017
Roof Type: Other
Construction/Siding: Block
Parking Ratio: 1.2 (per 1000 SF)
Parking Type: Surface
Parking Description: Paved parking lot area around the building. Originally marked at 25 spots, but this can be increased safely and ADA compliance to up to 50
Total Parking Spaces: 25
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Ceiling Units
Air Conditioning: Package Unit
Internet Access: Other
Interior Description: It has 20 stalls (shops) 12' x 12' sf, 1 large party venue (room size approx. 34' x 102' sf), 2 bathrooms with toilets (women) and toilets and urinals (Men), 1 Accredited hair saloon (28'x18' sf), 1 restaurant with kitchen and interior and exterior siting areas, 3 office spaces. ADA wheel chair ramps access.
Zoning Description: Limited Commercial
Lot Frontage: 348.82
Lot Depth: 289.25
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Easements Description: Gas and electricity
Land Ownership: Individual
Legal Description: PLEASE NOTE: 10 legal descriptions: BEG 17 RDS N & 493 FT W SE COR NW1/4 TH N 78.75 FT W 140 FT TO AVI S 78.75 FT E TO BEG SEC 5-27-1E, LOT 1 & 1/2 VAC SHELTON ON E BLOCK B RAMSEY & FULLER ADD., LOT 1 & E1/2 VAC MASCOT ADJ BLOCK CWOODLAND HEIGHTS ADD.,LOT 8 & 1/2 VAC SHELTON ON E BLOCK C WOODLAND HEIGHTS ADD., LOT 2 & E1/2 VACMASCOT ADJ BLOCK C WOODLAND HEIGHTS ADD., LOT 7 & 1/2 VAC SHELTON ON E BLOCK C WOODLAND HEIGHTS ADD.,LOT 3 & E1/2 VAC MASCOT ADJ BLOCK C WOODLAND HEIGHTS ADD., LOT 6 & 1/2 VAC SHELTON ON E BLOCK CWOODLAND HEIGHTS ADD.,LOT 4 & E1/2 VAC MASCOT ADJ BLOCK C WOODLAND HEIGHTS ADD., LOT 5 & 1/2 VACSHELTON ON E BLOCK C WOODLAND HEIGHTS ADD.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,681 77,414 199,826
Median Age: 31.62 34.31 34.45
Households: 4,605 30,701 81,585

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