702 E 2nd St Wichita, KS 67202

Listing details for 702 E 2nd St, Wichita, KS 67202 : ONSITE REAL ESTATE AUCTION ON THURSDAY, NOVEMBER 21ST AT 12:00 P.M. NO MINIMUM AND NO RESERVE - The Seller (Sedgwick County) has elected to sell this property at Absolute Auction regardless of price. This is a rare re-development opportunity in the heart of the oldtown/downtown area. This 60,000 square foot lot has a paved parking lot that was previously used as the Coleman parking lot. This property is very close to Old Town Square (Warren Theater, Old Chicago and many other shops and restaurants),Courtyard by Marriott, The Pumphouse, Bite Me BBQ, Pixius Communications, Coleman Factory Outlet and the new incoming Looney Bin Comedy Club. Disclosure: Redevelopment of Property must be pursuant to Environmental Use Control Agreement in Property Information Packet and monitoring wells must be handled in accordance with the Environmental Use Control. Currently there are no property taxes due to the Seller's exempt status. Call the Sedgwick County Appraiser's office (316-660-9110) to determine future property taxes based on your use type. 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 (minimum $1000) 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 $10,000.