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Listed by Jake Steven • Reece Nichols South Central Kansas
$ 950,000
Est. payment /mo
Price Dropped by $50K
1845 & 1885 S Rock Wichita, KS 67207
0.72 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID SCK639233
Year Built 1987
Annual Tax Amount $25,722
Tax Year 2022
Lot Size 0.720 Acres
Acres 0.72
Source sckansas
Land Area 9614
Property Description
FOR SALE/FOR LEASE - 1845 & 1885 S ROCK RD - VALUE ADD OPPORTUNITY - INCOME PRODUCING INVESTMENT PROPERTY. 1845 S Rock Rd is 4,800 +/-SF with both suites currently leased to restaurant users. The gross monthly income is $7,870.00. The leases expire August, 2027, April, 2028, and May, 2028. 1885 S Rock Rd is 4,814 +/- SF with one vacant suite totaling 3,000 +/-SF available for lease at $13/SF + NNN's. The other suite(1,814 +/- SF) is currently leased to a restaurant user with monthly income of $2,000.00.
Location
State KS
County Sedgwick
Area 9614
Zoning General Comm
Direction From Rock and Harry head south, building is on the West side of the road.
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Concrete
Fireplace No
Heat Source Forced Air
Exterior
Garage Description Parking Lot, Paved
Utilities Available Electricity Available
View Y/N Yes
Roof Type Flat
Street Surface City Arterial
Building
Story 1
Structure Type Brick Veneer
Others
Miscellaneous Other/See Remarks
Acceptable Financing 5 Years or Less
Listing Terms 5 Years or Less