1001 E 16th

Description

ONLINE AUCTION Bidding Ends Friday, December 6th at 11:00 AM! Don't miss this incredible opportunity to acquire a versatile commercial property at 1001 E 16th St, Wellington, KS. This 11,342 square foot building, constructed in 1985, sits on 1.5 acres and as previously operated as a motel with 22 available units. With its substantial square footage and flexible layout, this property offers endless possibilities for re-purposing, including options for assisted living, child care, mental health services, transient living, office spaces, or other commercial applications. The property was previously a motel. The building's two floors provide ample room, with 6,837 sq. ft. on the first floor and 4,505 sq. ft. on the second, complemented by an outbuilding and extensive parking. Its strategic location offers easy access to major transportation routes, enhancing visibility and accessibility for business operations. Located in the heart of Wellington, KS, this property is close to local amenities and provides ample room for potential expansion, making it ideal for investors looking to develop or re-purpose a commercial space with high versatility. All noted details, measurements and areas are estimates. Buyers are responsible for verifying all details to their satisfaction. 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. Sale is subject to seller confirmation with closing within 30 days. The successful bidder must immediately execute the provided auction purchase agreement and deposit 10% of the purchase price as earnest money within the specified time outlined in the agreement. Additionally, a 10% buyer's premium 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. Broker forms, if any, are available on the bidding site. 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. Auctions may be subject to selling prior to the auction date.