(S) 1,620 SF Commercial Building on 2.22± Acres

Thursday, September 29, 2022

McCurdy Real Estate & Auction

E. MacArthur Rd & S. Broadway - East to Property. 

Broker/Agent participation is recognized. See Associated Documents for Broker Registration Form. The registration form must be completed and submitted to McCurdy's office by 5:00 p.m. (CST) the business day prior to the real estate auction ending. Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. BIDDING OPENS: Thursday, September 8th, 2022 at 2 PM (cst) | BIDDING CLOSING: Thursday, September 29th, 2022 at 2 PM (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.

1002 E Macarthur, Wichita, KS US

ONLINE ONLY!!!This 50+-year-old storage business occupies the 1,620-square-foot commercial building in a terrific location on 2+ acres right off MacArthur Road in South Wichita! Thebuilding was also a former residence,offering the option of an onsite live-in business.

  • High traffic count
  • Zoned GC General Commercial
  • Immediate income of $4216.66 per month totaling $50,600 annually!
  • The majority of the units are rented monthly, some annually
  • This includes then billboard payment of $500/month with an escalation clause
  • Security system, monitors, cameras, andhardware remain.
    • Cheney Door security system
    • Buyer is responsible for monthly security system payments
    • Currently running remotely on a phone app, but with updated technology can be run from a computer system
    • Create custom codes directly on the keypad
  • Over 100 vehicle storage spots and over 40 storage sheds
  • Teller booth with bulletproof glass for quick and securepayments
  • 2+ bedrooms, 1.5 bathroom residence
    • Full kitchen
    • Wood burning fireplace
    • Third bedroom can function as an office
    • Bonus room
    • Unfinished basement
  • Two owner-occupied detached garages
    • Per seller, a new roof on 3-car garage in 2021
  • No Specials!

This is a fantastic opportunity withan incomparable location!

Property is currently on a septic tank. Any future requirement for damage repair or to hook on to the city sewer will be the responsibility of the buyer.

Property offered at ONLINE ONLY auction.| 10% Buyer's Premium will be added to the final bid.|BIDDING OPENS: Thursday, September 8th, 2022 at 2 PM(cst)|BIDDING CLOSING: Thursday, September 29th, 2022 at 2 PM(cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment.

Disclaimer:

Announcement: Information contained herein is presented on behalf of the seller. McCurdy Real Estate & Auction, 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.