215 S Pine Newton, KS 67114

Listing details for 215 S Pine, Newton, KS 67114 : ONSITE REAL ESTATE AUCTION 6/14/2012 @ 12:00 NOON - Three-story medical office building, currently called Newton Professional Centre, with 10 suites. Excellent opportunity for medical offices, however the building can easily be converted to a general office, institutional or residential setting. There are no interior weight bearing walls allowing for easy conversion. With more than 20,000 SF, the rental space capacity is great. Currently two suites are rented, bringing in $24,000.00 in rental income per year. The building's superior structure includes full cement column support, steel supported cement floors, over-sized elevator, tiled entryway and lobby with handicapped accessible restrooms, built-in work stations, cabinets, lockers and storage areas, basement with washer/dryer hookups and a lockable storage cage for each suite. The property includes three adjacent parking lots, providing more than 100 parking stalls. Other miscellaneous features include security lights, fire alarm and smoke heat detectors. The AC compressors were replaced in 2011. This property is selling in its present condition and is accepted by the buyer(s) without any expressed or implied warranties or representations from the seller(s) or his(her) agent(s). It is incumbent upon the buyer(s) to exercise his(her) own due diligence prior to bidding on this property. It is the responsibility of the prospective purchaser(s) to have any and all inspections completed prior to the auction day including, but not limited to, roof, structure, termite, wood destroying insects, environmental, groundwater, flood designation, presence of lead-based paint and/or lead-based paint hazards, presence of mold, presence of asbestos, presence of radon, electrical, mechanical, plumbing and any other desired inspections, if any. Information given is from sources deemed reliable but NOT guaranteed by the seller(s) or the Realtor(s) / Auctioneer(s). Announcements made the day of the auction shall take precedence over anything previously stated or printed. There will be a 10% Buyers Premium added to the high bid price to arrive at the final contract price. This property will be open for previewing one hour prior to the real estate auction or by scheduled appointment. The earnest money amount due at the auction from the high bidder is $25,000.00.