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    211 S Summit St

    Arkansas City, KS 67005
    • $150,000
    • STATUS: Active
    • MLS #: 577489
    UPDATED: 73 min ago
    $150,000
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 13,200
      SQFT
    • $11
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1957
    County:

    School Ratings & Info

    Description

    Highly visible, large retail space building in the historic downtown district of Arkansas City, KS. In excellent condition with a new roof in 2018. Has been consistently occupied until the recent corporate financial restructure of Gordmans which closed its Wichita area stores. Building has two separate store front entrances (plate glass window front) and can be subdivided. There's front curb side parking and a large parking lot behind the building. Additional access to the building from the public parking lot thru a rear door. Full size basement for storage. Wonderful opportunity for an owner/user or an investor. Potential cap rate of 10.5% or higher. See KS Commercial (Catalyst), Loopnet, Co-Star, or CityFeet for more information.

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    This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2020 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-08-15T08:00:47.817.
    www.wichitahometeam.com/homes/103177843
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    211 S Summit St Arkansas City, KS 67005

    • Price: $150,000
    • Status: Active
    • Updated: 73 min ago
    • MLS #: 577489
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    13,200
    SQFT
    $11
    $/SQFT
    1957
    Built
    Neighborhood:
    Arkansas City
    County:
    Cowley
    Area:
    C15 - Arkansas City
    Property Description
    Highly visible, large retail space building in the historic downtown district of Arkansas City, KS. In excellent condition with a new roof in 2018. Has been consistently occupied until the recent corporate financial restructure of Gordmans which closed its Wichita area stores. Building has two separate store front entrances (plate glass window front) and can be subdivided. There's front curb side parking and a large parking lot behind the building. Additional access to the building from the public parking lot thru a rear door. Full size basement for storage. Wonderful opportunity for an owner/user or an investor. Potential cap rate of 10.5% or higher. See KS Commercial (Catalyst), Loopnet, Co-Star, or CityFeet for more information.
    Exterior Features

    Construction All Brick Frontage City ArterialHighway Loading Dock None Location Central Business District Miscellaneous Features Elevator Overhead Doors None Parking Parking LotStreet Parking Rail None Roof Flat Roof Sidewall Height None

    Interior Features

    Cooling Electric Floors Other/See Remarks Heating Gas Levels 1 Sq Ft Building 10001 - 20000 Sq Ft Max Continguous 13200 Sq Ft Min Available 13200 Sq Ft Net Rentable 13200 Sq Ft Vacant 0

    Property Features

    Commercial Type Retail Electrical 220 Volt Flood Insurance Unknown Gross Income 26400 Improvements 250000 Invest Package Available Yes Owner Paid Expenses External Building Repairs Ownership Individual Present Use Retail Property Taxes 6743.38 Sale Or Lease Sale Sale Or Rent For Sale Special Balance 0 Special Tax Year 2019 Tax Specials 0 Tax Year 2019 Tenant Paid Expenses ElectricityGasInternal Building RepairsJanitorialMechanical RepairsPersonal Property TaxProperty InsuranceReal Estate TaxSite MaintenanceTrashWater Terms Of Lease 5 Years Or LessOption To RenewExisting Leases Utilities GasElectricCity WaterCity Sewer Zoning Central Bus Dis

    Listing information © 2020 South Central Kansas Multiple Listing Service, Inc. Listing provided courtesy of Coldwell Banker Plaza Real Estate.


    This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2020 South Central Kansas Multiple Listing Service, Inc. All rights reserved. IDX information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2020-08-15T08:00:47.817.
     
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