Downtown Arkansas City Retail

Retail-Commercial for Sale
Catylist Listing ID: 30715413
Property Subtypes: Street Retail
Building Size (RSF): 13,200 SF
Gross Building Area: 26,400 SF
Gross Land Area: 13,200 SF
Sale Price: $125,000
Unit Price: $9.47 PSF
Property Use Type: Investment, Vacant/Owner-User
Usable Size (USF): 13,200 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/25/2021

Overview / Comments

Prime 13,200sf downtown Arkansas City property with many alternative uses available. Former Gordman's Store closed because of restructuring, although it had favorable retail sales activity. Plate glass frontage with two separate entrances. Curb side parking plus large public parking available behind the building (easy access to building thru back door). Very good physical condition with new roof in 2017. Additional full 13,200sf basement with conveyor belt for storage or other uses. Great owner user or investment property!

Additional Details

Nearest MSA: Winfield
County: Cowley
Taxing Authority: Cowley County
Tax ID/APN: 0182993003016006000
Zoning: DOWNTOWN RETAIL
Retail Clientele: General, Family, Business
Largest Nearby Street: Summit
Feet of Frontage: 100
Highway Access: Summit is Highway 77 running north to Winfield, KS and south to Newkirk, OK
Site Description: Downtown Retail
Area Description: Historic Downtown in Very Good Connditon
Number of Stories: 1
Typical SF / Floor: 13,200 SF
Property Condition: Excellent
Year Built: 1957
Construction/Siding: Brick
Exterior Description: Brick building with plate glass frontage with 2 entrances for great visibility.
Parking Type: Surface, Other
Parking Description: 100 ft of curbside parking plus large public parking lot behind the building with direct access.
Sprinklers: Wet
Heat Source: Central
Air Conditioning: Engineered System
Interior Description: Open plan that has historically been used as retail
Zoning Description: Downtown Retail
Lot Frontage: 100
Lot Depth: 132
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,790 13,092 13,848
Median Age: 30.67 34.89 35.31
Households: 2,458 5,049 5,344

Contact

Photograph of Listing Agent

Rob Pestinger

Plaza Commercial Real Estate
KSCRE Member
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