(Rose Hill) 6,576 +/- Sq. Ft. Comm Bldg w/ Multiple Units on 1.1 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30742753
Property Subtypes: Free-Standing Building, Mixed Use
Building Size (RSF): 6,576 SF
Gross Land Area: 1 - 2 Acres
Sale Price: $259,900
Unit Price: $39.52 PSF
Property Use Type: Investment
Usable Size (USF): 6,576 SF
Sale Terms: Other
Auction Type: Disclosed Reserve
Cap Rate: Undisclosed
Last Updated: 8/3/2021

Overview / Comments

LOCATION, LOCATION, LOCATION!!! What a fantastic opportunity to purchase this 6,576 +/- square foot commercial building on 1.1 acres. Sitting right off Butler Road, between Andover and Rose Hill, this property is in an ideal central location with lots of traffic visibility.​ Located in the path of progress between the growing communities of Andover and Rose Hill.​ Millions of dollars have been spent to upgrade Butler Road to accommodate the growth of this area.​ Daily traffic count is approximately 7,875.​

Exterior Features:

Paved parking lot

Marquette sign

Covered entries

6 units plus 2 shop units

Patio area

Metal and stone siding

9 separate electric meters

Unit 101 - Main level on north end of building:

Currently rented by "Hair of the Dog" pet grooming for $350 a month, month to month with a $350 security deposit

Main open space with large picture window, storage room, restroom, exterior doors at the front a of building and also to the enclosed porch.​

Separate hot water heater for bathing tubs, electric furnace, A/C

Unit 102 - Main level, center space of building:

Currently rented by "Dog and the Hair" pet grooming for $350 a month, month to month with no security deposit.​

Hallway from front to back of building with reception areas

Restroom

Electric furnace, A/C

Unit 103 - Main level on south end of building:

Vacant

Large open space with reception area, restroom, & utility room with sink

Electric furnace, A/C

Unit 201 - 2nd story, north end:

Vacant

Large open space, restroom, electric furnace, A/C

Unit 202 - 2nd story, center unit:

Vacant

Office space, storage room, A/C, restroom shared with unit 203

Unit 203 - 2nd story, south end:

Vacant

Large room with small office, A/C, restroom shared with 202

Shop on south end, west side (Unit 104):

Vacant

Large shop, insulated, 12 x 8 overhead door, septic & water access available to add a restroom if desired

Shop on south end, east side (Unit 105):

Currently rented for $400 a month, month to month

Large finished shop with man door, 2 overhead doors (10 x 10 & 8x 10)

Office area

Electric furnace, no A/C, no septic or water lines are supplied to this unit

This is an investors dream property with the availability to have multiple tenants, some of which have been long term already, in a well maintained, clean building.​

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Butler
Tax ID/APN: 3130800001015010
Zoning: A-1 AGRICULTURAL
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Excellent
Year Built: 1989
Construction/Siding: Metal Siding
Parking Type: Structure
Air Conditioning: Engineered System
Water Service: Well
Sewer Type: Septic

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,764 36,743
Median Age: 42.9 38.1
Households: 2,020 12,853

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