1004 W 8th, Wellington, KS 67152

Property offered at ONLINE ONLY auction. BIDDING OPENS: Wednesday, October 2nd, 2024 at 2 PM (cst) | BIDDING CLOSING: Wednesday, October 16th, 2024 at 2:20 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!!! LOCATION, LOCATION, LOCATION!!! This 6-unit strip mall sits on 8th St., with terrific visibility and is surrounded by other businesses, including Dillon's, Casey's, and Braum's.   7,978+/- Sq. Ft. General Commercial Zoning 6 Units - 3 Currently Occupied w/Leases Long-Term Tenants 5 Points of Access to Property 3 from 8th St. 1 on High St. 1 on Plum St. Daily Traffic Count of Approx. 7,000 Monthly Income of $3,206 at only 50% Capacity Easily Double That!  Alley Access  Separate Meters Choose Your Own Tenants Current Annual Income of $38,472 at Only 50% Occupancy This is an amazing investment opportunity that you do not want to miss!!!  As of 10/01/2024, 1024 W. 8th St has a new tenant, with all lease terms remaining the same. For questions, please contact listing agent.  *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.