McCurdy Absolute Auction - June 26th, 2019 At 12:00 PM

Retail-Commercial for Sale
Auction
Catylist Listing ID: 30435436
Property Subtypes: Mixed Use
Building Size (RSF): 7,982 SF
Gross Building Area: See Agent
Sale Price: See Agent
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Up For Auction: Yes
Auction Type: Absolute
Cap Rate: Undisclosed
Last Updated: 6/11/2019

Overview / Comments

LIVE AND ONLINE. 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.

NO MINIMUM, NO RESERVE!!! 7,982 +/- Sq.Ft. Retail, Residential, and Multi-Purpose Building located in the Central Business District of Hutchinson, Kansas!

This building is in a great location and offers parking up to 10, plus parking on the street. Per seller, new roofing was installed in 2010 and 2015 with new asphalt on oldest section of the building in 2017. A 50' radio tower is located on the roof mounting.

Office building:

East wing of building offers:
7 Offices
Utility room
1-half bathroom
1-car oversized garage w/ opener
Upper West wing of building features:
Office with 1-half bathroom
Large room w/ vaulted ceiling and stage
Per seller, the auditorium is not heated or air conditioned
Backstage offers 1 activity room and 1 small storage room
Lower West wing of building includes:
Utility room with hot water tank and heater
Blue room with large air conditioner
Per seller, a new heat pump and AC were added to the meeting room in 2016
Large room that is partitioned that includes:
Utility closet
Kitchen with dishwasher, refrigerator, and freezer
Half bathroom
Wash station room
Storage room with heater
Office with desk
Center of building offers:
Public restrooms at entrance of office
Middle level of building provides room for storage
Residential:

Located on the 2nd story of the building is a large residential apartment. This 2-bedroom, 2-bathroom apartment features wood laminate flooring, laundry room with washer and dryer, kitchen, and family/dining room. The apartment offers modern finishes throughout and Kitchen Aide stainless steel appliances in the kitchen. Enjoy a wine refrigerator, dishwasher, double oven w/ gas cooktop, and built-in microwave. This property is great for an entrepreneur or as business and residential rental opportunity!

Zoning for this building is C-5 Downtown District.

Additional Details

Nearest MSA: Hutchinson
County: Reno
Tax ID/APN: 0781261302012005000
Zoning: SEE REMARKS
Retail Clientele: General, Business, Other
Property Visibility: Good
Largest Nearby Street: Main St.
Number of Stories: 2
Property Condition: Good
Year Built: 1934
Construction/Siding: Brick
Total Parking Spaces: 10
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Zoning Description: See Remarks
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SHERMAN W ORIG. TOWN, S13, T23, R06W, LOTS 32-34-36

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,102 41,920 46,373
Median Age: 31.62 38.88 39.26
Households: 3,824 17,199 18,837

Contact

Photograph of Listing Agent

Braden R. McCurdy

McCurdy Auction KSCRE Member
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