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749 N West

Wichita, KS 67203
  • $1,200,000
  • STATUS: Active
  • MLS #: 610908
UPDATED: 39 min ago
$1,200,000
  • 0
    BEDS
  • 1.32
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,108
    SQFT
  • $79
    $/SQFT
Type:
Commercial
Built:
1967
County:
Area:
303

School Ratings & Info

Listing information © 2022 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of Jake Steven of Reece Nichols South Central Kansas.




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.

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This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2022 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-10-04T21:00:50.967.
www.coshrealestateservices.com/homes/128320373
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749 N West Wichita, KS 67203

  • Price: $1,200,000
  • Status: Active
  • On Site: Days
  • Updated: 39 min ago
  • MLS #: 610908
0
Beds
0
Baths
0
½ Baths
1.32
Acres
15,108
SQFT
$79
$/SQFT
1967
Built
Neighborhood:
None Listed On Tax Record
County:
Sedgwick
Area:
303
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.
Exterior Features

Construction Other/See Remarks Frontage City Secondary Loading Dock None Location Corner LotFreestandingMixed Use Miscellaneous Features None Overhead Doors None Parking Parking Lot Rail None Roof AsphaltFlat Roof Sidewall Height Less Than 10 Ft

Interior Features

Cooling Central AirElectric Floors Other/See Remarks Heating Forced AirGas Levels One Sq Ft Building 10001 - 20000 Sq Ft Max Continguous 15108 Sq Ft Min Available 15108 Sq Ft Vacant 15108

Property Features

Commercial Type Retail Electrical 220 Volt Flood Insurance Unknown Gross Income 99300 Improvements 0 Invest Package Available No Owner Paid Expenses Other/See Remarks Ownership Corporate Present Use Varies Property Taxes 17897.49 Sale Or Lease Sale Sale Or Rent For Sale Special Balance 0 Special Tax Year 2021 Tax Specials 6.81 Tax Year 2021 Tenant Paid Expenses Other/See Remarks Terms Of Lease 5 Years Or LessMonth To Month Utilities City SewerCity WaterElectricGas Zoning Limited Comm

Listing courtesy of Jake Steven of Reece Nichols South Central Kansas: [IDXCONTACTINFORMATION].


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2022 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2022-10-04T21:00:50.967.
 
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COSH Real Estate Services
1356 N Emporia St
Wichita KS, 67214

Listing information © 2022 South Central Kansas Multiple Listing Service, Inc.
Listing provided courtesy of Jake Steven of Reece Nichols South Central Kansas.