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403 W Main

Sedan, KS 67361
  • $0
  • STATUS: Active
  • MLS #: 635883
$0
  • 0
    BEDS
  • 1.69
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1998
County:

School Ratings & Info

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Jake Steven of Reece Nichols South Central Kansas SCK1025 .




Description

ABSOLUTE ONLINE BIDDING AUCTION! No Minimum/No Reserve. Great Value Add Opportunity! Bidding is open and concludes Friday, April 5th at 12:00pm. 403 W Main St., in Sedan, KS consists of a former Pizza Hut building (1,326 +/- SF) and 13 income producing storage units (1,950 +/- SF). Situated on Main Street, the property enjoys high visibility and easy access to local amenities, making it an attractive option for both owner occupants and investors. With its established income, high visibility location, and value add potential 1606 N State St presents a desirable opportunity with potential for future appreciation. Rent roll and leases for the storage units are available on the bidding site. Please note some furnishings, fixtures, and equipment will be removed by the seller prior to closing. Buyers are advised to thoroughly review the terms and details provided on the online bidding site, as any terms, comments, or announcements made there supersede any other advertised material. The property is being sold in its current "Where Is, As Is" condition, without any warranties. Closing will occur on or before 45 days from the full execution of the auction purchase agreement. The successful bidder must immediately execute the provided auction purchase agreement and is required to deposit 10% of the purchase price or $5,000.00, whichever is greater, as earnest money within the specified time outlined in the agreement. Additionally, a 10% buyer's premium or $5,000.00 buyers fee, whichever is greater, will be added to the final bid price. This auction is conducted exclusively online, with a 2-minute bidding time extension. The auctioneer reserves the right to recess, adjust and/or extend the bidding time as they deem necessary. Furthermore, the auctioneer may, at their sole discretion, reject, disqualify, or refuse any bid. The broker will offer 3% of the Broker's 10% at closing to a participating broker, provided their client is the successful bidder. While all information is deemed reliable, buyers are encouraged to conduct their own due diligence. The sale is not contingent on financing, appraisal, or inspection, and the winning bidder must be available immediately post-auction. The property is sold subject to applicable Federal, State, and/or Local Government regulations, with all measurements and details approximate and non-binding. The auctioneer provides no warranties regarding the online bidding platform's performance and assumes no liability for any bidder-incurred damages during its use, including unacknowledged bids or errors. Bidders accept all risks associated with the platform and acknowledge that the auctioneer bears no responsibility for bid submission or acceptance errors or omissions.

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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. ©2024 South Central Kansas MLS. 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: 2024-04-04T00:01:08.36.
www.seewichitahomes.com/homes/148192807
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403 W Main Sedan, KS 67361

  • Price: $0
  • Status: Active
  • On Site: Days
  • MLS #: 635883
0
Beds
0
Baths
0
½ Baths
1.69
Acres
1998
Built
County:
Chautauqua
Property Description
ABSOLUTE ONLINE BIDDING AUCTION! No Minimum/No Reserve. Great Value Add Opportunity! Bidding is open and concludes Friday, April 5th at 12:00pm. 403 W Main St., in Sedan, KS consists of a former Pizza Hut building (1,326 +/- SF) and 13 income producing storage units (1,950 +/- SF). Situated on Main Street, the property enjoys high visibility and easy access to local amenities, making it an attractive option for both owner occupants and investors. With its established income, high visibility location, and value add potential 1606 N State St presents a desirable opportunity with potential for future appreciation. Rent roll and leases for the storage units are available on the bidding site. Please note some furnishings, fixtures, and equipment will be removed by the seller prior to closing. Buyers are advised to thoroughly review the terms and details provided on the online bidding site, as any terms, comments, or announcements made there supersede any other advertised material. The property is being sold in its current "Where Is, As Is" condition, without any warranties. Closing will occur on or before 45 days from the full execution of the auction purchase agreement. The successful bidder must immediately execute the provided auction purchase agreement and is required to deposit 10% of the purchase price or $5,000.00, whichever is greater, as earnest money within the specified time outlined in the agreement. Additionally, a 10% buyer's premium or $5,000.00 buyers fee, whichever is greater, will be added to the final bid price. This auction is conducted exclusively online, with a 2-minute bidding time extension. The auctioneer reserves the right to recess, adjust and/or extend the bidding time as they deem necessary. Furthermore, the auctioneer may, at their sole discretion, reject, disqualify, or refuse any bid. The broker will offer 3% of the Broker's 10% at closing to a participating broker, provided their client is the successful bidder. While all information is deemed reliable, buyers are encouraged to conduct their own due diligence. The sale is not contingent on financing, appraisal, or inspection, and the winning bidder must be available immediately post-auction. The property is sold subject to applicable Federal, State, and/or Local Government regulations, with all measurements and details approximate and non-binding. The auctioneer provides no warranties regarding the online bidding platform's performance and assumes no liability for any bidder-incurred damages during its use, including unacknowledged bids or errors. Bidders accept all risks associated with the platform and acknowledge that the auctioneer bears no responsibility for bid submission or acceptance errors or omissions.
Exterior Features

Construction Materials Other - See Remarks Overhead Doors None Parking Features Parking Lot Roof Composition

Interior Features

Cooling Central Air Flooring Concrete Slab Heating Forced Air

Property Features

Building Area Total 1326 Buyer Premium YN Yes Current Use Vacant Electric 220 Volts Lease Term Other - See Remarks Loading Dock None Location Freestanding Miscellaneous Features None Ownership Corporate Property Sub Type Restaurant Road Frontage Type City Arterial Sidewall Height None Stories Total 1 Tax Annual Amount 5973.38 Tax Year 2023 Transaction Type Auction Utilities ElectricCity WaterCity Sewer Zoning See Remarks

Listing courtesy of Jake Steven of Reece Nichols South Central Kansas: SCK1025 .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. 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: 2024-04-04T00:01:08.36.
 
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Pinnacle Realty Group
125 E 2nd St.
Wichita KS, 67202

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Jake Steven of Reece Nichols South Central Kansas SCK1025 .