Income Producing/Centrally Located Investment Opportunity

Opening Bid: $100,000.00
CLOSED: April 4, 2023 7:13 pm
Address: Kansas, United States
Completed | Lot
Online Only:Auction Starts:3/1/2023 @ 6:00 AM
Watching: 17
Bids: 21
WINNING BID: $262,500.00
Current High Bidder:5023
Current Bid Increment: $5,000.00
Bidding complete

A 10% Buyer's Premium will be added to the final Bid Price.

Buyers Premium (based on winning bid amount): 10%

Details

WEIGAND ONLINE AUCTION - 343 S. Ida St., Wichita, KS
SITE SIZE: 7,000 SF     |     BUILDING SIZE: 5,000 SF

Online Only: Bidding Ends Tuesday, April 4th @ 2 PM CT

Month-to-month tenant pays $2,000/mo.
Building has office and warehouse space
Climate controlled throughout
Alley access with overhead door
Located in downtown Wichita
On & off street parking
Easy access to Kellogg Ave/US 54 & I-135
Traffic counts along Washington St. is 26,972 VPD

Bid History

BidderAmountTime Placed
5023 $262,500.00Top Bid4/4/2023 7:10:25 PM
5024 $257,500.004/4/2023 7:08:15 PM
5023 $252,500.004/4/2023 7:05:21 PM
5020 $247,500.004/4/2023 7:01:14 PM
5018 $242,500.004/4/2023 7:01:02 PM
5006 $237,500.004/4/2023 7:00:31 PM
5018 $237,500.004/4/2023 7:00:31 PM
5006 $232,500.004/4/2023 7:00:08 PM
5018 $227,500.004/4/2023 6:56:43 PM
5023 $222,500.004/4/2023 6:56:12 PM
5018 $217,500.004/4/2023 6:48:14 PM
5024 $212,500.004/4/2023 6:46:15 PM
5016 $207,500.004/4/2023 6:45:37 PM
5018 $202,500.004/4/2023 6:40:12 PM
5016 $195,000.004/4/2023 6:30:30 PM
5018 $185,000.004/4/2023 5:07:46 PM
5016 $175,000.004/4/2023 11:59:06 AM
5015 $160,000.004/3/2023 11:27:14 PM
5017 $140,000.004/3/2023 8:55:55 PM
5014 $120,000.004/3/2023 4:29:19 PM
5006 $100,000.003/25/2023 5:30:59 PM

Auction Info

WEIGAND ONLINE AUCTION

343 S. Ida St., Wichita, KS
SITE SIZE: 7,000 SF     |     BUILDING SIZE: 5,000 SF

Online Only: Bidding Ends Tuesday, April 4th @ 2 PM CT

Month-to-month tenant pays $2,000/mo.
Building has office and warehouse space
Climate controlled throughout
Alley access with overhead door
Located in downtown Wichita
On & off street parking
Easy access to Kellogg Ave/US 54 & I-135
Traffic counts along Washington St. is 26,972 VPD

Item Location

Kansas
United States

Terms

TERMS & CONDITIONS

AUCTION PROCEDURE: Auction is subject to Seller’s Confirmation. Online bidding is by approval only. Bidders must provide a proof of funds letter from a bank to participate in online bidding. Bidding will remain open until 3 minutes have passed without receiving an acceptable bid.

BUYER’S PREMIUM: A buyer’s premium of 10% of the final bid will be added to the final bid price to determine the total purchase price.

AUCTION TERMS: The successful bidder shall be required to make a deposit in an amount equal to 10% of the total purchase price as earnest money in the form of Certified or Personal Check with proper identification within 24 hours of close of auction.  Closing will take place on or before 30 days following the day of auction.

IMPORTANT NOTICE TO ALL BIDDERS: All the information contained in this brochure was obtained from sources believed to be correct but is not guaranteed.  The property is subject to sale prior to the conclusion of the auction. This property will be sold “as is, where is” and bidders shall rely on their own information, judgment, and inspection of the property and records.  This property will be sold subject to any applicable Federal, State, and/or Local Government Regulations.

BROKER PARTICIPATION: At the completion of a successful closing, a fee of 3% of the buyer’s premium will be paid by J.P. Weigand & Sons, Inc. to the broker properly registering and representing the successful bidder.

Contacts

Kevin Howell - Auctioneer
Kevin Howell - Auctioneer

(316) 292-3971

 

 

 

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