(E) ABSOLUTE 4 Commercial/Residential Bldgs on E. Central

Thursday, April 08, 2021

McCurdy Auction, LLC

E. Central & Grove - West to properties

*Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $7,500.00

2307 E. Central Ave., Wichita, KS US

ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!! Don't miss out on this rare opportunity to own commercial & residential properties on E. Central Ave. These 4 properties are selling as one, regardless of price. They are located just west of Central and Hillside, a few streets from the popular Revolutsia shopping space. This up-and-coming area creates the perfect investment opportunity with a total annual income of $13,800, with the potential for more!

2301 & 2303 E. Central Ave

2 buildings on 1 lot with additional parking

(Unit 2301) 1,056 sq. ft. commercial building, currently being used for residential - 5-year step lease currently paying $50 per month. See property information packet for lease.  

(Unit 2303) 1,369 sq. ft. 3-bedroom, 1.5-bathroom home that is currently rented for $600 per month with tenant paying gas and electric, owner pays water and sewer. Tenant may be relocating.  

2307 E. Central Ave

2,587 sq. ft. building with retail and warehouse spaces

Retail store with a large storefront and half bathroom, has central heat and air - was previously rented for $500 per month

Unfinished warehouse space with 1 overhead door, concrete floors. 5-year step lease currently paying $200 per month. See property information packet for lease. No heat or air currently, but there is a suspended gas furnace not in use. Functionality of furnace unknown.  

Seller believes the two units have shared utilities. 

2309 E. Central Ave

3,040 sq. ft. commercial building

Main level - automotive tenant paying $300 per month, MTM with no written lease. Includes 2 bays and 1 overhead door. Currently only utility hooked up is electricity.  Flat room and some composition with concrete brick construction.  

Upstairs - 2 former apartments in need of total rehabilitation.  Currently not habitable or safe for entry.  

448 N. Spruce Ave

0.09 +/- vacant lot zoned Limited Commercial

Formerly had a residential structure that had a fire and the site has been cleared. 

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. McCurdy Auction, LLC, agent for the seller, cannot guarantee the information to be correct or assume the liabilities for errors and omissions. All lines drawn on maps are approximate. Buyers should verify the information to their own satisfaction. Any announcements made from the auction block on day of auction will take precedence over any matter of print and will be final.