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.
Utilities Available City Sewer, City Water, Electric, Gas
Flood Insurance Unknown
Parking Parking Lot
Road Frontage City Secondary
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* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
