NW ABSOLUTE – 7355 SF Brick Office Bldg in Downtown Wichita

Thursday, September 20, 2018

McCurdy Auction, LLC

9th & Main - West to Property.

*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. 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 $15,000.

1011 N. Main St., Wichita, KS US

NO MINIMUM, NO RESERVE!!!  Offering a fantastic business opportunity! Located in downtown Wichita at the corner of 9th and Main, this 7,355 square foot office building has two units with a current annual income of $16,800. The building was previously leased for $5,600 a month at full capacity - this is a potential annual total of $67,200! The 1,800 square foot unit on the north side of the building is currently leased by a long-term, 20 year tenant for $1,400. The unit on the south side of the building is currently vacant and, with a combination of an office and warehouse, lends itself to a variety of possible uses. Zoned GC- General Commercial.

This brick and stucco exterior building is located on a spacious corner lot with a large paved parking lot offering up to twenty-five parking spaces. Street parking is available for additional parking when needed. The building features security amenities including a security system and fencing on two sides. Utilities include gas, electricity, city water, city sewer, and central heat/air.

The occupied unit on the north side of the building includes an inviting lobby, eight offices, a conference room, a kitchen, and two bathrooms. The 5,555 square foot vacant unit features a large, open office space with built-in shelving. You will also find two separate offices, a conference room (or third office), storage room with floor-to-ceiling shelving, a kitchen, bathrooms, and a 2,452 square foot warehouse. The warehouse offers a small crane and two overhead doors - 8 foot in height and 12+ foot in width. An additional space heater is also located in the warehouse.

Per the seller, the two rooftop heat/air conditioning units on the north side of the building are new as of 2017.

This is a great investment opportunity! Schedule your private showing today!

DISCLOSURES

Some items currently at the building may be purchased by the buyer of the real estate after the auction. These items include cubicles and a refrigerator. 

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.