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Jennifer Timmermeyer

jenniferbrowning1236@gmail.com +1(316) 570-2636

Listed by Jake Steven • Reece Nichols South Central Kansas

$ 1,200,000

Est. payment -/mo

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Active

749 N West Wichita, KS 67203-0000

1.32 Acres Lot

UPDATED:

04/22/2024 01:18 PM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Subdivision None Listed On Tax Record

MLS Listing ID SCK610908

Originating Board sckansas

Year Built 1967

Annual Tax Amount $19,770

Tax Year 2022

Lot Size 1.320 Acres

Acres 1.32

Property Description

West Wichita Retail Investment Property! HIGH TRAFFIC AREA & FRONTAGE, HIGH VISIBILITY, AMPLE PARKING. This quality investment property is comprised of 8 rentable suites in a well sought out area along West St. The majority of the suites are occupied on gross leases with long term month to month tenants adding value for the next owner to increase rents with longer term leases. The sizes of these suites along with the location and visibility has provided the owner with a history of higher occupancy rates. Currently one suite is available as the owner was using for their own use and is ready to be leased. The annual gross potential income is $99,300.00. The total lot size is approximately 1.32 acres. The total building size is approximately 15,108 SF. The property is zoned Limited Commercial. We are showing the taxes at approximately $17,904.3. The building was built in 1967. Rent roll and pro forma available upon request. Please DO NOT DISTURB TENANTS! No showings until we have come to an agreement in LOI or contract form.

Location

State KS

County Sedgwick

Area 15108

Zoning Limited Comm

Direction From Central and West Street, go north and the building is on the left at the corner of Elm and West Street

Interior

Heating Forced Air, Gas

Cooling Central Air, Electric

Flooring Other - See Remarks

Fireplace No

Heat Source Forced Air, Gas

Exterior

Garage Description Parking Lot

Utilities Available Gas, Electric, City Water, City Sewer

View Y/N Yes

Roof Type Asphalt,Flat

Present Use Varies

Street Surface City Secondary

Building

Structure Type Other - See Remarks

Others

Miscellaneous None

Acceptable Financing Month to Month, 5 Years or Less

Listing Terms Month to Month, 5 Years or Less

Jennifer Timmermeyer

Agent | License ID: 00247957

+1(316) 570-2636

Jennifer Timmermeyer

749 N West Wichita, KS 67203-0000

Key Details

Location

Interior

Exterior

Building

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749 N West