5310 N Meridian Ave - Office FOR SALE


Wichita, KS 67204- North Wichita
$500,000 USD
316-867-3600
5310 N Meridian Ave, Wichita, KS for Sale
$500,000 USD
Office - FOR SALE
1/30
null | Request Cap Rate

5310 N Meridian Ave
Wichita, KS 67204
North Wichita


HIGHLIGHTS

  • ONLINE ONLY!!! Great redevelopment opportunity with this 3,387 square foot commercial building and 840 square foot home!
  • This property sits on 4.5+/- acres right off North Meridian, close to West 53rd Street in Wichita!
  • Daily traffic count of approximately 6000+/-

OVERVIEW

Great redevelopment opportunity with this 3,387 square foot commercial building and 840 square foot home! This property sits on 4.5+/- acres right off North Meridian, close to West 53rd Street in Wichita! Surrounded by substantial commercial development immediately nearby to include Wal-Mart, McDonald's, Braums, Taco Bell, O'Reilly's, and many more.  4.5+/- Acres - Redevelopment opportunity  Mixed Zoning: Limited Commercial & SF-5 Single Family Daily traffic count of approximately 6000+/- Curb cutout to allow for off-street parking 3,387 +/- Square foot commercial building Concrete block exterior with metal roof (Extreme deferred maintenance) 840+/- Square foot home 2-Bedroom/1-Bath 53 x 9 Older manufactured home Excellent frontage and access make this property ideal for investors, developers, or entrepreneurs looking for a high-traffic location with mixed-use potential. Any personal property remaining in the property at closing will be considered abandoned property. The property includes Limited Commercial Zoning and Single Family SF-5 Zoning. Caution on loose floorboards and entering bldgs. The manufactured or mobile home does NOT have a visible data plate nor a title and is offered together with the real estate. Seller will only provide a bill of sale. Buyer may be required to complete a quiet title action to obtain a title if the mobile home/ trailer is utilized, should they desire.  All or some of the utilities to the property are currently off. It will be the responsibility of the buyer to comply with any requirements imposed by the utility companies to return service to the property. There is currently no public sewer connection to the property, however there may reasonably be some sort of septic system on the property although the seller cannot confirm it, or its whereabouts. Currently, the property is not connected to public water, however City of Wichita has provided a connection estimate which is on file and included in the property information packet. The current well was inspected and a report of non-compliance is on file and included in the property information packet. The buyer will be required to comply with the City of Wichita Notice of Violation. *Buyer should verify school assignments as they are subject to change.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$148 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

(NW) Commercial Bldg & Home on 4.5+/- Acres

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

F

YEAR BUILT

1932

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.57 AC

LAND SF

199,224 SF

ZONING

LC,SF-5

APN/PARCEL ID

094-19-0-22-02-009.00

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.