316-867-3600
3117 E 13th St, Wichita, KS for Sale
Freestanding - FOR SALE
1/94
null | Request Cap Rate

3117 E 13th St
Wichita, KS 67214
North Central


HIGHLIGHTS

  • Units 3117 & 3119 – Leased to Valincia’s Liquor, Wine & Beer and Sippy’s Mobile Bar for $1,000 a month
  • ONLINE ONLY!!! Incredible opportunity to purchase a four-unit retail strip in Southeast Wichita! Situated on the corner of Hillside and 13th Street
  • With established tenants, upside potential, and a prime corner location, this property is well-positioned for both income and future growth!

OVERVIEW

ONLINE ONLY!!! Incredible opportunity to purchase a four-unit retail strip in Southeast Wichita! Situated on the corner of Hillside and 13th Street, this property offers excellent visibility and high traffic counts. Just a two-minute drive from Wichita State University and within ten minutes of major business and entertainment hubs including Bradley Fair, Waterfront, Riverside, Koch Industries, and more. Quick and convenient access to I-35 enhances this prime location. Zoned LC – Limited Commercial, the property offers endless possibilities for redevelopment. All units feature storefront windows facing 13th Street. Unit 3115 – Currently leased to OG Barber Shop for $1,000 per month on a month to month basis. This unit offers a large open layout with tile flooring, six barber stations, and a restroom. Unit 3117 -  Leased to Valincia’s Liquor, Wine & Beer for $1,000 a month. The unit includes two enclosed selling windows, storage space, and a restroom. Unit 3119 -   Currently Vacant. providing the opportunity to select your own tenant. The unit features a large open area, storage/office space, and a restroom. Unit 3121 – Currently vacant, providing the opportunity to select your own tenant. This unit offers a large open space ready for your finishing touches. Tenants pay utilities. Traffic:  30,224 at intersection of 13th & Hillside Features: Prime corner location at 13th & Hillside Commercial/Industrial zoning Existing structure – ideal for scrape & redevelopment Suitable for restaurant, retail, office, light industrial, or mixed use Central Wichita location – highly accessible from all sides of the city Location: Quick access to I-135 Near Wichita State University Near Wesley Medical Center Convenient central point of Wichita Serves university, residential, medical, and commuter traffic With established tenants, upside potential, and a prime corner location, this property is well-positioned for both income and future growth! Zoning is reported as LC – Limited Commercial District, with a Sedgwick County Property Class of Commercial & Industrial. A small portion of the premises are currently utilized as private living quarters and is not open for public viewing at this time. The living quarters will be delivered fully vacated and accessible at the time of closing. *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. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. 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 of $15,000.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,492 SF

ZONING

LC

APN/PARCEL ID

125-15-0-11-01-002.00

ASK ABOUT THIS PROPERTY

Braden McCurdyMcCurdy Real Estate & AuctionMore Info
316-867-3600

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Braden McCurdyMcCurdy Real Estate & AuctionMore Info
316-867-3600

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.