McCurdy Auction - Listing 220 S. Handley

Special Purpose for Sale
Sealed Bids
Catylist Listing ID: 30650412
Building Size (RSF): 17,307 SF
Gross Building Area: 19,307 SF
Gross Land Area: 1 - 2 Acres
Sale Price: $825,000
In Opportunity Zone? Yes
Property Use Type: Business
Usable Size (USF): 19,307 SF
Sale Terms: Other
Auction Type: Disclosed Reserve
Sealed Bids: Yes
Cap Rate: Undisclosed
Last Updated: 11/12/2020

Overview / Comments

Incredible existing turn-key church or redevelopment opportunity near downtown Wichita and the historic Delano district! Don’t miss your chance to own a piece of prime real estate, located just west of Wichita Wind Surge’s new $75 Million Riverfront Stadium. This building is currently home to a growing congregation that is relocating.

Come be a part of a revitalized and vibrant destination spot!

INVESTMENT HIGHLIGHTS
17,307 square-foot church facility
1.48 +/- acres total
Redevelopment opportunity
Zoned SF-5 Single Family with Delano District Overlay, please contact the City of Wichita for zoning and redevelopment
60+ paved parking spaces with potential for another parking lot
Large marquee sign
Several nearby businesses

BUILDING DETAILS
Single level with a fully finished basement and loft area
Large sanctuary includes:
Vaulted ceilings and pendant lighting
Tiered stage
Stained glass windows
Audio control area
Baptismal
15+ offices and classrooms
Library, Copy Room, Mail Room
5 restrooms
Full kitchen with dining hall
Basement with rec room and additional storage
See 'Inventory List' in Property Information Packet

BUILDING UPDATES
Over $100,000 in recent updates
Two HVAC units replaced in sanctuary (2017)
One new HVAC unit in the education wing (2018)
One new HVAC unit in the basement foyer (2019)
New boiler installed 2015
Roof replaced in 2007 with 30-year shingles
New exterior lights and LED parking lot installed in 2020
Parking lot resealed in 2020
New LED lights installed in the kitchen in 2020

LOCATION & TRANSPORTATION OVERVIEW
Riverfront Stadium was built on the site of the former Lawrence–Dumont Stadium. It has a total seating capacity of 10,025 people in addition to luxury suites and a grass berm in right field. When not used for baseball, the city plans to use the facility for sports festivals, high school football, concerts, and an ice rink in winter. The new ballpark will share hosting of the National Baseball Congress World Series with Eck Stadium at Wichita State. – [per Wikipedia]
Downtown Wichita - 350 residential units under development, over 120 unique retailers and 4.1 million square feet of occupied office space
Delano District - Thriving shopping district redevelopment with over 250 businesses including shopping and restaurants
Free and convenient transportation– The Q-line begins at Douglas & Seneca and spans 4.5 miles
5 miles to Wichita Dwight D. Eisenhower National Airport
Less than a mile from Kellogg
3-minute walk to the Wichita City Transit stop

WICHITA OVERVIEW
#1 manufacturing-specialized region in the US
#3 engineering hub in the nation
#4 lowest startup costs in 2017
Wichita metropolitan area population 644,888 in 2018
Home to company facilities including Koch Industries, Cargill, Textron Aviation, Learjet, Spirit AeroSystems, Airbus, Coleman & Cessna
McConnell Air Force Base

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087124200330700400C
Zoning: SINGLE FAMILY
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1953
Year Renovated: 1973
Roof Type: Arched
Construction/Siding: Brick
Parking Ratio: 60 (per 1000 SF)
Parking Type: Surface
Heat Type: Natural Gas
Heat Source: Central
Zoning Description: Single Family

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,554 120,164 246,864
Median Age: 33.01 33.5 33.62
Households: 5,372 49,132 99,309

Contact

Photograph of Listing Agent

Braden R. McCurdy

McCurdy Auction KSCRE Member
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