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1606 N State St

Iola, KS 66749
  • $0
  • STATUS: Active
  • MLS #: 635879
$0
  • 0
    BEDS
  • 1.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1995
County:

School Ratings & Info

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Jake Steven of Reece Nichols South Central Kansas SCK1025 .




Description

ABSOLUTE ONLINE BIDDING AUCTION! No Minimum/No Reserve. Great Value Add Opportunity! Bidding is open and concludes Friday, April 5th at 11:30am. 1606 N State St., in Iola, KS features 7020 +/- SF of retail space. Situated on State Street, the property enjoys high visibility and easy access to local amenities, making it an attractive option for both owner occupants and investors. With its ample parking, open floor plan and prime location, 1606 N State St presents a desirable opportunity with potential for future appreciation. Please note, property was part of a larger parcel and property taxes are TBD. Buyers are advised to thoroughly review the terms and details provided on the online bidding site, as any terms, comments, or announcements made there supersede any other advertised material. The property is being sold in its current "Where Is, As Is" condition, without any warranties. Closing will occur on or before 45 days from the full execution of the auction purchase agreement. The successful bidder must immediately execute the provided auction purchase agreement and is required to deposit 10% of the purchase price or $5,000.00, whichever is greater, as earnest money within the specified time outlined in the agreement. Additionally, a 10% buyer's premium or $5,000.00 buyers fee, whichever is greater, will be added to the final bid price. This auction is conducted exclusively online, with a 2-minute bidding time extension. The auctioneer reserves the right to recess, adjust and/or extend the bidding time as they deem necessary. Furthermore, the auctioneer may, at their sole discretion, reject, disqualify, or refuse any bid. The broker will offer 3% of the Broker's 10% at closing to a participating broker, provided their client is the successful bidder. While all information is deemed reliable, buyers are encouraged to conduct their own due diligence. The sale is not contingent on financing, appraisal, or inspection, and the winning bidder must be available immediately post-auction. The property is sold subject to applicable Federal, State, and/or Local Government regulations, with all measurements and details approximate and non-binding. The auctioneer provides no warranties regarding the online bidding platform's performance and assumes no liability for any bidder-incurred damages during its use, including unacknowledged bids or errors. Bidders accept all risks associated with the platform and acknowledge that the auctioneer bears no responsibility for bid submission or acceptance errors or omissions.

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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. ©2024 South Central Kansas MLS. 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: 2024-04-04T00:01:08.36.
www.wichitarealestatesearch.com/homes/148192802
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1606 N State St Iola, KS 66749

  • Price: $0
  • Status: Active
  • On Site: Days
  • MLS #: 635879
0
Beds
0
Baths
0
½ Baths
1.23
Acres
1995
Built
County:
Allen
Property Description
ABSOLUTE ONLINE BIDDING AUCTION! No Minimum/No Reserve. Great Value Add Opportunity! Bidding is open and concludes Friday, April 5th at 11:30am. 1606 N State St., in Iola, KS features 7020 +/- SF of retail space. Situated on State Street, the property enjoys high visibility and easy access to local amenities, making it an attractive option for both owner occupants and investors. With its ample parking, open floor plan and prime location, 1606 N State St presents a desirable opportunity with potential for future appreciation. Please note, property was part of a larger parcel and property taxes are TBD. Buyers are advised to thoroughly review the terms and details provided on the online bidding site, as any terms, comments, or announcements made there supersede any other advertised material. The property is being sold in its current "Where Is, As Is" condition, without any warranties. Closing will occur on or before 45 days from the full execution of the auction purchase agreement. The successful bidder must immediately execute the provided auction purchase agreement and is required to deposit 10% of the purchase price or $5,000.00, whichever is greater, as earnest money within the specified time outlined in the agreement. Additionally, a 10% buyer's premium or $5,000.00 buyers fee, whichever is greater, will be added to the final bid price. This auction is conducted exclusively online, with a 2-minute bidding time extension. The auctioneer reserves the right to recess, adjust and/or extend the bidding time as they deem necessary. Furthermore, the auctioneer may, at their sole discretion, reject, disqualify, or refuse any bid. The broker will offer 3% of the Broker's 10% at closing to a participating broker, provided their client is the successful bidder. While all information is deemed reliable, buyers are encouraged to conduct their own due diligence. The sale is not contingent on financing, appraisal, or inspection, and the winning bidder must be available immediately post-auction. The property is sold subject to applicable Federal, State, and/or Local Government regulations, with all measurements and details approximate and non-binding. The auctioneer provides no warranties regarding the online bidding platform's performance and assumes no liability for any bidder-incurred damages during its use, including unacknowledged bids or errors. Bidders accept all risks associated with the platform and acknowledge that the auctioneer bears no responsibility for bid submission or acceptance errors or omissions.
Exterior Features

Construction Materials Other - See Remarks Overhead Doors None Parking Features Parking Lot Roof Flat

Interior Features

Cooling Central Air Flooring CarpetConcrete Slab Heating Forced Air

Property Features

Building Area Total 7020 Buyer Premium YN Yes Current Use Vacant Electric 220 Volts Lease Term No Lease Loading Dock None Location Freestanding Miscellaneous Features None Ownership Corporate Property Sub Type Retail Road Frontage Type City Arterial Sidewall Height None Stories Total 1 Tax Annual Amount 0 Tax Year 2023 Transaction Type Auction Utilities ElectricCity WaterCity Sewer Zoning See Remarks

Listing courtesy of Jake Steven of Reece Nichols South Central Kansas: SCK1025 .


This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©2024 South Central Kansas MLS. 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: 2024-04-04T00:01:08.36.
 
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Graham Realtors
9505 W. Central
Wichita KS, 67212

Listing information © 2024 South Central Kansas MLS.
Listing provided courtesy of Jake Steven of Reece Nichols South Central Kansas SCK1025 .