McCurdy Reserve Auction Thursday November 29th @ 2:00 PM

Multi-Family for Sale
Auction
Catylist Listing ID: 30351755
Property Subtypes: Mixed Use
Number of Units: 2 Units
Building Size (RSF): 15,224 SF
Gross Land Area: 1.24 Acres
Sale Price: See Agent
Property Use Type: Investment, Vacant/Owner-User, Business
Usable Size (USF): 15,224 SF
Sale Terms: Other
Up For Auction: Yes
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 12/17/2018

Overview / Comments

Fantastic opportunity to purchase a 15,224 sq. ft. convertible multi-purpose building package in Hutchinson, Kansas!

This package includes two brick buildings with a total of 15,224 sq. ft. which sit on 1.24+/- acres. The original owner maintained plans to convert the buildings into apartment/condominium housing units, but the possibilities are endless for new business opportunities. The buildings offer access to natural gas, public water, sewer, and trash service. The flooring throughout the buildings includes carpet, laminate, and tile, and the property features several utility rooms, bathrooms, and a large industrial-sized kitchen. The building includes several safety features as well such as fencing and fire escapes.

This property offers multiple potential business opportunities for impressive income streams, so don't miss out on this wonderful opportunity!
DISCLOSURES

Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Thursday, November 15 at 2:00 PM (cst) | BIDDING ENDS: Thursday, November 29 at 2:00 PM (cst). Items with active bidding at time of closing will have a 1 minute extension, restarted after each new bid. Bidding will remain open on this item until 1 minute has passed without receiving a bid. | No scheduled open house. Property will be available to preview by appointment only. Seller architectural plans for condominium units included in download section.

Additional Details

Nearest MSA: Hutchinson
County: Reno
Zoning: R-5 RESIDENTIAL
Area Description: Fantastic opportunity to purchase a 15,224 sq. ft. convertible multi-purpose building package in Hutchinson, Kansas!
Total Number of Buildings: 2
Number of Stories: 2
Year Built: 1952
Roof Type: Flat
Construction/Siding: Brick
Exterior Description: This package includes two brick buildings with a total of 15,224 sq. ft. which sit on 1.24+/- acres.
Parking Type: Other
Parking Description: Street parking is available
Heat Source: Baseboard
Air Conditioning: Other
Interior Description: The buildings offer access to natural gas, public water, sewer, and trash service. The flooring throughout the buildings includes carpet, laminate, and tile, and the property features several utility rooms, bathrooms, and a large industrial-sized kitchen. The building includes several safety features as well such as fencing and fire escapes.
Zoning Description: R-5
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,965 40,432 49,239
Median Age: 39.51 38.7 39.61
Households: 5,613 16,628 19,933

Contact

Photograph of Listing Agent

Braden R. McCurdy

McCurdy Auction KSCRE Member
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