500 & 504 & 508 E. 4th Ave., Hutchinson, KS

Real Estate Auction
Wednesday, October 2, 2019, 10 a.m.

Multiple buildings located on 1 Commercial site, approx. .84 acre.  Currently 4 separate rental income options. Two office/retail spaces, warehouse storage area, additional separate building with retail area & warehouse area.  Overhead doors at back of buildings for warehouse access.  Metal & steel frame construction.  Separate meters for electricity & gas.  Separate water meters for 500 E. 4th & 508 E. 4th.  Additional concrete parking area and covered parking area.  Partial security fenced area. 

Lot Size:  261.3’ x 140’ – Corner lot   
Age:  1935     
Sq. Ft.:  500 E. 4th—4,422 m/l
504 E. 4th—3,010 m/l
      508 E. 4th—2,880 m/l                     
Zoning:  C-4 Special Commercial District
Taxes:  $5,523.48 
Previous Rental Income:  $2,065.00/month   
Possession:  Upon closing
Title:  Warranty Deed & Title Ins. Policy; cost split 50/50 Buyer & Seller.
Terms:  $5,000 down payment day of auction; balance upon closing within 30 days.
Seller:  CJLI Enterprises LC 


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