1608 E Central

Description

Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, June 3rd, 2025 at 2 PM(cst)|BIDDING CLOSING: Thursday, June 19th, 2025 at 2:10 PM (cst). Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! NO MINIMUM, NO RESERVE!!!LOCATION, LOCATION, LOCATION!!! This commercial building is in an ideal location with two residential homes and two vacant lots and is selling to the highest bidder, regardless of price!!! Located on the northeast edge of Old Town, this property offers one single-family home, one multi-family home, two vacant lots, a small parking area, and a 3,200+/- square foot commercial building. If you are looking to build residentialor commercial properties, look no further. With an amazing location and over half an acre, this is one you don't want to miss! PROPERTY 0.60+/- acres over 4 lots (128' x 200') Traffic count: 15,500+/- daily average Zoned GC General Commercial (3 Lots)& B Multi-Family (522 N. New York Ave.) Apartment/Commercial Building (502 N. New York Ave.) Corner lot Easyaccess to I-135 Less than 1 mile to Old Town Less than 1.5 miles to Downtown Free-standing signage & mountedblade signage Parking area Some fencing Mature trees For a development opportunity, this is it, selling to the highest bidder, regardless of price!!! Per seller, central air in the commercial building and window units for a/c in the residence. The property is currently occupied by a tenant and property owner (Central Printing). There is no written lease or deposit information available for the property.The City of Wichita is requiring the single-family structure at 522 N. New York to be razed. The buyer will be responsible for the costs associated with and coordinating the removal of the structures with the City of Wichita including obtaining any necessary permits. Seller shall not be responsible for nor incur any costs associated with the razing of the structure. Buyer may contact the City of Wichita and obtain any exception to the removal requirement. However, the closing shall not be conditioned on or subject to any deviation from the removal requirement.For this reason, building features and details were excluded from the listing. An unnatural death occurred at 522 N. New York. *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. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer's premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. 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 of $15,000 for 30 day close or $25,000 for a 45 day close