(W) SEALED-BID AUCTION – 17,307 Sq. Ft. Church on 1.48 +/- Acres in Delano

Friday, October 30, 2020 12:00 PM

McCurdy Auction, LLC

W. Maple & S. Seneca - East to Handley, North to building.

*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 $50,000.

220 S. Handley, Wichita, KS US

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


DISCLOSURES
This property will be offered via a sealed-bid auction. Details and requirements regarding submission of bids are described in the Terms and Conditions, available under the Downloads section. Please contact Braden McCurdy with any questions regarding the process. All sealed-bid submissions are DUE NO LATER than Friday, October 30th, 2020 at 12:00 Noon CST. | Contract will be available upon request | Showings available upon request. Total tax amount is “to be determined” due to the property’s current status as tax exempt.

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.