Remarks

Property offered at ONLINE ONLY auction. BIDDING OPENS: Thursday, May 8th, 2025 at 2 PM (cst) | BIDDING CLOSING: Wednesday, May 21st, 2025 at 2 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!!! Originally constructed in 1987 and thoroughly remodeled in 2010, 1020 N. Main St. is a professionally maintained 11,180± square foot office building offering versatile office configurations in a strategic central Wichita location. The building features five suites, with three currently available, offering a range of flexible floor plans suitable for professional, medical, nonprofit, or governmental uses.  The property is partially fenced with a gated concrete parking lot for added security and controlled access. Each suite includes a private bathroom and kitchenette, with access to shared amenities such as a large breezeway, classroom, reception, and conference space. Property Highlights: 11,180± SF total building area Extensive 2010 remodel; roof replaced in 2019 4 of 5 zoned HVAC units replaced in the last 7 years Gated concrete parking lot with full fencing for added security Surrounded by professional offices, educational institutions, and nonprofits Within 1 mile of Sedgwick County Courthouse, City Hall, and Ascension Via Christi St. Francis Just 2 miles from the downtown core Don't miss this incredible opportunity in a great location!!!  Suites A and B are currently leased through June 2028, providing a monthly income of $3,325. That totals an annual income of $39,900! *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 $40,000 for a 30 day closing, $50,000 for a 45 day closing.

Details

MLS#: 654386
Price: $0

Style: Office
Sq Ft: 11180
Year Built: 1987

County: Sedgwick
Tax Fee: 15378.55