Lender Ordered REO Auction: 21,170± Sq. Ft. Building on 5.5± Acres of Land

Description

Lender Ordered REO Auction: Online Auction Ends September 13th @ 3PM CT (4PM ET)

The property consists of a single-story building with a gross building area of 21,170± Sq. Ft. on 5.5± acres of land. Property has previously been used as a bowling alley with a bar/lounge/restaurant area. Building is in good condition. Many alternative uses: Industrial, Flex, Retail, Event Space, Religious Facility, Medical, etc.

The property features:

-        21,170± Sq. Ft. Building Area.
-        5.5± Acres.
-        24 Bowling Lanes, Bar, and Lounge Area.
-        Kitchen Area, Includes: Grill, Hood, and Grease Interceptor.
-        RP-5 & CP-1 Zoning.
-        Ceiling Height: 18’.
-        Electrical: 400 Amp, 12/208, 3-phase.
-        64 Parking Spaces.
-        Renovated in 2011.

Located in the eastern area of Wyandotte County along State Avenue between Meadowlark Lane and North 55th Street in Kansas City, Kansas. 5 minutes from the Route 5, 32, Kansas Turnpike, I-635, and I-70, and 8 miles from Kansas City central business district.

In cooperation with Block Real Estate Services.

Documents

Auction Information

Property Information

* Requires confirmation of Online Agreement

Terms & Conditions

  • Buyers Premium: 10% based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: See Summary Terms.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

Inspection

To schedule an inspection please call: 800.862.4348

  • Buyers Premium: 10% based on the high bid.
  • Closing: Sold in As-Is condition, no contingencies.
  • Deposit Amount: See Summary Terms.
  • Broker Co-op: 2% of the high bid will be paid to a properly registered broker at settlement.

To schedule an inspection please call: 800.862.4348

Auction Info:

  • Online Auction Starts:
    Wednesday, September 13th @ 9:00 AM
    Online Auction Ends:
    Wednesday, September 13th @ 4:00 PM
  • Property Type
    Commercial
  • Property Location
    5604 State Ave
    Kansas City, KS 66102
  • Auction Location
    On-Line

Property Map



Auction Contact(s):

Oren Klein

  • Email Oren
  • W: (212) 375-1222 x703
    F: (212) 202-6267

Joshua Olshin