Commercial Investment Portfolio Reduction Auction 20+ Parcels in Topeka, KS
October 28, 2015 at 10 am At the Ramada Inn, 420 SE 6th Ave, Topeka, KS Offered by: KDL INC; Lindemuth, Inc., Lindy’s, Inc., and Kent & Vikki Lindemuth
Topeka Commercial Auction
October 28, 2015 at 10 am
1
United Country - Commercial is proud to present this Commercial Investment Portfolio Reduction Auction on Wednesday, October 28th at 10 am at the Ramada Inn, 420 SE 6th Ave, Topeka, KS. Viewing day appointments for September 30th from 12 noon to 6 pm or other mutually agreed upon times may be made by calling our office at 800-895-4430. This 20+ parcel commercial property auction is being offered by United Country - Commercial on behalf of KDL INC; Kent & Vikki Lindemuth; Lindemuth, Inc. and Lindy’s, Inc. Properties include office, retail, restaurant, warehouse, service station spaces, commercial and residential lots plus 56.8 acre m/l residential development land. If you are looking for commercial property in the state capital, you should not miss this auction! Complete details at www.MidwestRealEstateAuctions.com. Brian Lensing, Sales Associate Kurt Hollenberg, Broker Jerry Lehmann, Auctioneer 800-895-4430 www.UnitedCountryCommercial.com www.MidwestRealEstateAuctions.com
Topeka Commercial Auction
October 28, 2015 at 10 am
2
Property #01206 4721 NW Green Hills Rd, Topeka
This 56.8 ac m/l single-family development property is located in north Topeka, west of Hwy 75 and north of NW 46th St. The site is located in the Seaman School District. Single family residences surround the property along with school and churches in the area. Zoned RR1 - Rural Residence Taxes are $690.08.
Property #01207 2031 SW Mission Ave, Topeka This 17,051 SF commercial lot sits lightly off 21st St. on Mission Ave just one block west of Gage Blvd. Near many restaurants and businesses. Zoned C4- Commercial Development. Taxes are $415.90 Topeka Commercial Auction
October 28, 2015 at 10 am
3
Property #01208 SW Plaza Dr., Topeka
Sided by Southwest Plaza Dr. and SW 37th Terrace and very near the intersection of I-470 and Topeka Blvd., this vacant lot is 49,223 SF in a strong commercial district near Wal-Mart. Zoned C4- Commercial Development. Taxes are $762.42
n o i t c u A f o t u O
Property #01209
1409 NW Topeka Blvd, Topeka
This vacant 30,625 SF developed site located in North Topeka, on North Topeka Blvd. is zoned R2. Former restaurant property boasts traffic counts of over 16,600 CPD. Taxes are $825.80 Topeka Commercial Auction
October 28, 2015 at 10 am
4
Property #01210 4600 SW Topeka Blvd., Topeka
1.65 ac m/l development opportunity is ideally situated with frontage on SW Topeka Blvd, where the traffic count is over 17,000 CPD. The land is near the Frito Lay plant with close proximity to Auto Sales Plaza, Forbes Field, Kaman Industrial Technologies and the I-470/335 interchange. Details on signage lease available upon request. Zoned I1 - Industrial. Taxes are $2,801.38
Property #01211 1005 SW 6th Ave., Topeka
ABSOLUTE SALE! This 6,500 SF lot contains a 1,600 SF service garage building most recently used as a body shop. Zoned C4 - Commercial/Industrial Taxes are $2,266.58/yr. KDHE #KSD052900164-NCG. Topeka Commercial Auction
October 28, 2015 at 10 am
5
Property #01212 801 SW 6th Ave., Topeka 3,546 SF former automotive repair shop features three bay doors, a retail/office area in the front and a large warehouse space in the back. There is a large, fenced-in area to the west of the building with additional parking in front. This property is just a few blocks west of downtown, at the corner of 6th Ave and Taylor St where the traffic counts reach 12,900 CPD. The site offers excellent visibility and signage (lease information available upon request). Zoned C4 - Commercial. Taxes are $5494.75 KDHE #19662.
Property #01213 3044 SE 6th Ave, Topeka ABSOLUTE SALE! 12,000 SF lot with a 1,161 SF former auto service garage complete with a 2 bay garage. Property is located along 6th St. close to Eastboro and residential neighborhoods. Easy access to downtown with great 6th St. frontage. Zoned C2 - Commercial/Industrial Taxes are $1480.14 KDHE #28365 Topeka Commercial Auction
October 28, 2015 at 10 am
6
Property #01214 1020 NW Topeka Blvd, Topeka Most recently operated as a Convenience Store located on NW Topeka Blvd. where traffic counts can reach 38,700 CPD. Zoned X1 - Commercial/Industrial Taxes are $4,286.02/yr. KDHE #08996
Property #01215 250 SE 29th St, Topeka 3,797 SF freestanding building offers excellent frontage, lots of windows and opportunities for prominent signage. The site has previously been a used car dealership and a restaurant featuring an open dining area, drive thru accommodations and ample parking. Located just east of Kansas Ave on SE 29th St, traffic counts can reach 9,400 CPD. Zoned PUD C4 - Planned Urban Commercial Development. Taxes are $5,279.26/yr.
Topeka Commercial Auction
October 28, 2015 at 10 am
7
ABSOLUTE SALE! Most recently a used car lot, this 22,050 SF lot with a 600 SF retail/office space is located at the intersection of SW Topeka Blvd and S Kansas Ave. Daily traffic counts near 26,000 CPD. Zoned I-1 - Light Industrial Taxes are $2,093.16/yr.
Property #01216 4014 SW Topeka Blvd, Topeka This property offers three unique spaces in one. Building 1 is a 10,620 SF retail warehouse with a showroom on the main level and office/storage on the second level. Building 2 is a 12,800 SF warehouse with 2 drive-in doors, 1 dock door and 3 phase electrical service. Building 3 is a 4,500 SF retail space with a restroom, showroom and private offices. Lease information available upon request. Zoned I-1 and I-2 Light and Heavy Industrial. Taxes are $12,643.64/yr.
Topeka Commercial Auction
Property #01217 4700 SW Topeka Blvd., Topeka
October 28, 2015 at 10 am
8
#01218 3120 S Kansas Ave., Topeka This 19,634 SF building features a 15,580 SF warehouse consisting of dock high doors and overhead heat. The balance of the building consists of office/retail space. This property also features refrigeration, natural gas generator and a concrete ceiling. Located on the south side of Topeka, just south of 29th St. on Kansas Ave. Kansas Ave. and Topeka Blvd. both offer various surrounding retail and auto related locations. Lease information available upon request. Zoned I-2 - Heavy Industrial. Taxes are $10,082.80/yr.
Property #01219 1710 SW 10th Ave, Topeka This 19,017 SF two-story former medical office building is located just west of Stormont Vail Hospital. Site has ample parking with 20+ . There are large windows affording natural light and monument signage with exposure to approximately 11,750 CPD. Zoned C-4 - Commercial Taxes are $17,745.58/yr. Topeka Commercial Auction
October 28, 2015 at 10 am
9
Property #01220 715 SW Harrison St., Topeka This two-story office building in downtown Topeka is situated just north of the State Capital. Formerly an engineering firm, the building features large open areas, multiple private offices on each floor, men’s and women’s restrooms on each floor and a break room. Ample parking with a private lot to the north. Zoned C-5 - Commercial Taxes are $8,066.10/yr.
Property #01221 3400 SW Van Buren St, Topeka Situated just east of Topeka Blvd, this 26,771 sq. ft. office building is a great opportunity for a renovated office space. A 2 story well built brick building on a solid foundation has ample parking of 48,590 sq. ft. Built in 1978 and Zoned I1 - Light Industrial. Taxes are $10,082.80/yr.
Topeka Commercial Auction
October 28, 2015 at 10 am
10
#01222- 5709-5711 SW 21st St., Topeka
N O I T C U A
This one story brick office building offers excellent visibility and ample parking. Situated on SW 21st St with exposure to 30,375 CPD with easy access to I-470 interchange and Wannamaker Rd. Suites range from 200 SF to 1,600 SF. Lease information available upon request. In addition there is a 3,081 SF warehouse with an overhead door and loading dock. Zoned PUD C-4, O13, I1 - Planned Urban Commercial Development, Light Industrial and Office. Taxes are $11,696.02.
T U O
Topeka Commercial Auction
F O
October 28, 2015 at 10 am
11
Property #01223 911 N Jefferson St., Junction City 27,133 SF former Cocoa-Cola building constructed of limestone offers a combination of office space and warehouse space. There are two drive-in doors, one dock door, a partial basement and second floor storage. There is one restroom in the office area and one in the main warehouse. Building has 600-800 amp electrical with ceiling heights between 14 and 16 ft. Located on the corner of Jefferson and 9th St. Zoned CC - Commercial Taxes are $5,568.10
Topeka Commercial Auction
October 28, 2015 at 10 am
12
Property #01224 - 1947 NW Topeka Blvd and 501 NW Independence Ave, Topeka This 45,849 SF multi-tenant property features a combination of offices, lab and industrial suites. Several flex spaces contain dock doors and high ceilings. Retail Space is 9,831 SF. Office Space is 17,172 SF. Warehouse Space is 18,846 SF. Additional Warehouse at 501 NW Independence Ave. is 3,750 SF. Ample parking and easy access to Hwy 24 to the north. Property also features fenced-in areas for security. It is located within a commercial corridor, on the southwest corner of NW Topeka Blvd. and NW Independence Ave. Lease information available by request. Zoned I-1 - Light Industrial. Taxes are $52,859.10/yr.
Topeka Commercial Auction
October 28, 2015 at 10 am
13
#01225 929 SW Garfield Ave, Topeka
3,150 SF Office/Warehouse building with one overhead door and an office area. Located in the medical district and across the street from Stormont-Vail Health Center. Zoned C-4 - Commercial. Taxes are $3,750.90/yr.
#01226 116 SE Monroe St., Topeka
2,400 SF Office space currently rented to Orkin. Remaining 4,900 SF is a combination of retail and warehouse space. Lease information available upon request. Zoned I-1 Light Industrial. Taxes are $11,284.48. Topeka Commercial Auction
October 28, 2015 at 10 am
14
This 2,470 SF downtown row store in the NOTO District could be utilized as warehouse or easily converted to retail store front. Zoned X3 - Commercial Taxes are $927.62.
Property #01227 841 N Kansas Ave, Topeka Property #01228 Lot 20 NW Redwood, Topeka
Property #01229 Lot 21 NW Redwood, Topeka Topeka Commercial Auction
These residential lots in Linwood subdivision are ready for you to build on! Underground utilities and a paved road in the Seaman School District. Convenient to shopping, recreation and major thoroughfares. Lot 20 is 23,339 SF. Lot 21 is 19,871 SF. Taxes for each lot are $2,355.49 October 28, 2015 at 10 am
15
Property #01230 2254 SW10th, Topeka
This former retail store with an open showroom, large storefront windows and basement storage. The building has new plumbing, a rear covered double door that opens to a raised platform, which is perfectly suited for deliveries and a large 50+ private parking lot. This site is ideally located at a signaled intersection near medical services with excellent visibility to a traffic count of approximately 13,000 +/- CPD. Building is 7,622 SF and sits on a 31,668 SF lot. Zoned C2 Commercial. Taxes are $12,833.18
Topeka Commercial Auction
October 28, 2015 at 10 am
16
TERMS AND CONDITIONS OF AUCTION 1. Sellers are serious about selling these properties at this auction. Each bid shall constitute an offer to purchase. The final bid on the absolute parcels shall constitute a binding contract between the Buyers and the Sellers. Sellers do reserve the right to accept or reject the final bid on each of the remaining parcels. Again, each bid shall constitute an offer to purchase, and the final bid , if accepted by the Sellers, shall constitute a binding contract between the Buyers and the Sellers. Conduction of the auction and increments of bidding are at the direction and discretion of United Country-Commercial and/or the auctioneers. The successful bidder must enter into a purchase agreement the day of the auction, immediately following the conclusion of the bidding. 2. Properties are sold “AS IS - WHERE IS” and Buyers should take time to examine these properties thoroughly and rely on their own judgment. The only guarantee from the Sellers is a valid, good and marketable title to the property. Neither the Sellers nor United Country-Commercial or the Auctioneers or Associates are giving any warranties other than the Seller’s Title Warranty. Buyer must conduct their own inspections at their own expense prior to bidding at the auction. Auctioneers, United Country-Commercial or its associates are not responsible for any representation made by Sellers or their employees and are not responsible for accidents on the sale property should any occur. 3. The sale of these properties is subject to any and all easements of record. 4. Buyers and Sellers will enter into a standard format Contract for the Sale of Real Estate on the day of auction. Contract will call for a 10% down payment in the form of a personal or corporate check, or a cashier’s check with the balance of the purchase price due, in certified funds, on or before the 1st day of December, 2015. Contracts will contain no financing or inspection contingencies and Buyer must have their own financing and make their own inspections prior to bidding at this auction. Escrow payments will be made payable to Lawyers Title of Topeka, Inc., 5715 SW 21st St, Topeka, KS 66604 . Buyers and sellers will share costs of title insurance in the amount of the selling price and Sellers will deliver title by General Warranty Deed. Buyers will be responsible for their own mortgage policies of title insurance (if applicable). 2015 taxes will be prorated. All taxes in this brochure are based on information from the respective county appraiser’s office. Customary closing fees will apply to both Sellers’ and Buyers’ transactions. Informational title commitments reflecting the public record will be made available for potential buyers for review on day of auction or, by request, earlier. 5. Announcements made by United Country-Commercial and/or their Auctioneers during the time of the sale take precedence over any previously printed materials or any other oral statements made. The sale will be controlled by the Auctioneer. United CountryCommercial and/or the Auctioneers represent the Sellers only. The only guarantee from the Sellers is a valid, good and marketable title to the properties. Neither the Sellers nor United Country-Commercial or the Auctioneers or Associates are giving any warranties other than the Seller’s Title Warranty. The properties are being sold subject to all easements, covenants, conditions, zoning and any other existing matters. If a tie or dispute occurs between two or more bidders, the Auctioneer may re-open the bidding at the Auctioneer’s sole discretion and shall serve as the sole arbiter as to who is or is not allowed to bid. The Auctioneer reserves the right to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding and to accept or reject any or all bids. The Auctioneer reserves the right to enter bids on behalf of absentee/phone bidders as well as the Sellers. Any and all decisions of the Auctioneer regarding the conduct of the auction shall be final and absolute without liability to any party. Call Marcus at 785-296-6372 for more information on any properties with Kansas Dept. of Health and Environment registration numbers. Auction company will be available 2 hours prior to start of auction to register bidders and answer questions.
ALL BIDDERS MUST PROVIDE PHOTO IDENTIFICATION AND SIGN TERMS FOR BIDDING PRIOR TO BEING ALLOWED TO BID. Sellers: Lindemuth, Inc.; KDL, Inc.; Lindy’s, Inc.; Kent & Vikki Lindemuth
Kurt Hollenberg, Broker Brian Lensing, Sales Associate Jerry Lehmann, Auctioneer 800-895-4430
Topeka Commercial Auction
www.UnitedCountryCommercial.com www.MidwestRealEstateAuctions.com
October 28, 2015 at 10 am
17
Topeka Commercial Auction
October 28, 2015 at 10 am
18
Topeka Commercial Auction
October 28, 2015 at 10 am
19
Topeka Commercial Auction
October 28, 2015 at 10 am
20
Terms for Bidding Thank you for participating in today’s auction. It is important that you familiarize yourself with the terms of this sale, as buying real estate at auction is final and irrevocable. The terms of sale are not subject to change or negotiation after the fact. Good luck and good bidding. 1. DO NOT BID until you have read the entire Sale Day Auction Packet which includes, but is not limited to, auction terms and conditions, auction sales contract, and all addendums. By bidding, you acknowledge that this is a CASH, “AS IS” auction whereas the final bid will establish the final purchase price, subject to down payment requirements and buyer closing fees. By bidding, you are representing to United Country - Commercial (“Broker” and/or “Auctioneer”) and the Seller that you have read and agree to be bound by the terms and conditions for this sale as stated in the Sale Day Auction Packet. If you do not agree with any of the terms and conditions stated, you must not bid or you will be bound by those terms and conditions. 2. THE SALE WILL BE CONTROLLED BY THE AUCTIONEER. United Country - Commercial and/or the Auctioneers assist the Seller only. The only guarantee from the Seller is a valid, good and marketable title to the property. Neither the Seller nor United Country - Commercial or the Auctioneers or Associates are giving any warranties other than the Seller’s Title Warranty. The property is being sold subject to all leases, easements, covenants, conditions, zoning and any other existing matters. If a tie or dispute occurs between two or more bidders, the Auctioneer may re-open the bidding at the Auctioneer’s sole discretion and shall serve as the sole arbiter as to who is or is not allowed to bid. The Auctioneer reserves the right to group, add to, delete, withdraw, consolidate or break down lots and/or quantities offered, to sell out of scheduled sequence, to reject any bid which is only a fraction advance over the preceding bid, to regulate bidding and to accept or reject any or all bids. The Auctioneer reserves the right to enter bids on behalf of absentee/ phone bidders as well as the Sellers. Any and all decisions of the Auctioneer regarding the conduct of the auction shall be final and absolute without liability to any party. Do not bid until you have read and agreed to be bound by the referenced Contract and its Addendums and the Terms for Bidding. 3. Please return the signature page of this Sale Day Auction Packet and present your driver’s license, along with current contact information, to the registration table to be recorded herein and/or electronically to constitute your full and final agreement to the terms and conditions and acceptance of the auction sales contract including all addendums (distributed for this sale and/or incorporated herein as outlined in the Sale Day Auction Packet) if you are recognized by the Auctioneer as the “High Bidder” at the final recorded bid price.
Topeka Commercial Auction
October 28, 2015 at 10 am
21
Signature Page This is a binding contract. By signing below, Bidder acknowledges receiving, reading and understanding the complete Sale Day Packet containing these terms and conditions as well as the referenced Contract and its Addendums and agrees to be bound by the Contract incorporated by reference herein if the Buyer is recognized as the high bidder by the Auctioneer.
Individual or Company Name
Phone Number
Email Address
Signature
Signature
Date
Bidder Number
Topeka Commercial Auction
October 28, 2015 at 10 am
22
Property Property # #
Address
01206
01206
4721 NW 4721Green NW Green Hills Rd, Hills Topeka Rd, Topeka
01207
01207
2031 SW 2031 Mission SW Mission Ave, Topeka Ave, Topeka
01208
01208
SW Plaza Dr,SW Topeka Plaza Dr, Topeka
01209
01209
1409 NW 1409 Topeka NW Topeka Blvd, Topeka Blvd, Topeka
01210
01210
4600 SW 4600 Topeka SW Topeka Blvd, Topeka Blvd, Topeka
01211
01211
1005 SW 6th 1005 Ave, SWTopeka 6th Ave, Topeka
01212
01212
801 SW 6th801 Ave, SWTopeka 6th Ave, Topeka
01213
01213
3044 SE 6th 3044 Ave, SETopeka 6th Ave, Topeka
01214
01214
1020 NW Topeka Blvd, Topeka 1020 NW Topeka Blvd, Topeka
01215
01215
250 SE 29th250 St, SE Topeka 29th St, Topeka
01216
01216
4014 SW 4014 Topeka SW Topeka Blvd, Topeka Blvd, Topeka
01217
01217
4700 SW 4700 Topeka SW Topeka Blvd, Topeka Blvd, Topeka
01218
01218
3120 S Kansas 3120 SAve, Kansas Topeka Ave, Topeka
01219
01219
1710 SW 1710 10th Ave, SW 10th Topeka Ave, Topeka
01220
01220
715 SW Harrison 715 SW Harrison St, Topeka St, Topeka
01221
01221
3400 SW 3400 VanSW Buren VanSt, Buren Topeka St, Topeka
01222
01222
5709-5711 5709-5711 SW 21stSW St, 21st Topeka St, Topeka
01223
01223
911 N Jefferson 911 N Jefferson St, Junction St, Junction City City
01224
01224
1947 NW 1947Topeka NW Topeka Blvd, Blvd, Topeka Topeka & & 437 NW 437 Independence NW Independence Ave, Ave, Topeka Topeka
01225
01225
929 SW929 Garfield SW Garfield Ave, Topeka Ave, Topeka
01226
01226
116 SE Monroe 116 SESt, Monroe TopekaSt, Topeka
01227
01227
841 N Kansas Ave, Topeka 841 N Kansas Ave, Topeka
01228
01228
Lot 20, NW Lot 20, Redwood, NW Redwood, Topeka Topeka
01229
01229
Lot 21, NW Lot 21, Redwood, NW Redwood, Topeka Topeka
01230
01230
2254 SW 10th, Topeka 2254 SW 10th, Topeka
Topeka Commercial Auction
Address
Bid Price Bid Price
October 28, 2015 at 10 am
Notes
Notes
23
Thank you for attending today’s auction. Please contact us for all your Commercial Real Estate needs in Kansas, Missouri and Arkansas. Kurt Hollenberg, Broker/Owner - 573-220-6155 Brian Lensing, Sales Associate - 314-803-1103 Jerry Lehmann, Auctioneer - 573-999-4759 www.UnitedCountryCommercial.com www.MidwestRealEstateAuctions.com
Topeka Commercial Auction
October 28, 2015 at 10 am
24