500 E 16th St Wellington, KS 67152

Listing details for 500 E 16th St, Wellington, KS 67152 : THIS PROPERTY IS BEING OFFERED IN A MULTI-PROPERTY AUCTION VIA LIVE STREAM WITH REAL TIME BIDDING, AUCTION BEGINS AT 12:00 PM ON APRIL 29TH. This property is selling with clear title at closing and no back taxes. This is a fantastic opportunity to own a 6,601 sq. ft. commercial building in a great location in Wellington, KS! .83 +/- acre lot Neighborhood shopping center 6,601 total sq. ft. commercial building: Suite 100: 2,160 sq. ft. currently rented: Currently operating as a cellular phone retailer Triple Net Lease ending June 30, 2022 $1,800 / mo. base rental Tenant also pays pro-rated share of all Operating Expenses associated w/ premises: Including, but not limited, to: Real estate taxes and special assessments Insurance Maintenance and repairs Open retail space Break room / storage space One office Public restroom. Suite 200 4,441 sq.ft. currently vacant: Large open retail space Two restrooms Two offices. Daily traffic count: 10,200 Zoned: C2 - General Commercial. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. It is incumbent upon buyer to exercise buyer’s own due diligence, investigation, and evaluation of suitability of use for the real estate prior to bidding. It is buyer’s responsibility to have any and all desired inspections completed prior to bidding including, but not limited to, the following: roof; structure; termite; environmental; survey; encroachments; groundwater; flood designation; presence of lead-based paint or lead based paint hazards; presence of radon; presence of asbestos; presence of mold; electrical; appliances; heating; air conditioning; mechanical; plumbing (including water well, septic, or lagoon compliance); sex offender registry information; flight patterns, or any other desired inspection. Any information provided or to be provided by seller or seller’s agents was obtained from a variety of sources and neither seller nor seller’s agents have made any independent investigation or verification of such information and make no representation as to the accuracy or completeness of such information. Auction announcements take precedence over anything previously stated or printed. Total purchase price will include a 10% buyer’s premium ($1,500.00 minimum) added to the final bid. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount $20,000.