Multi-Unit Commercial Investment Property Anthony KS | Timed Online Auction

Berkshire Hathaway HomeServices | PenFed Realty
1617 N Waterfront Parkway, Suite 110, | Wichita, KS 67206 Phone: (316) 461-6297

Timed Online Real Estate Auction

Multi-Unit Commercial Investment Property
123 N. Bluff Ave., Anthony, KS 67003

This is an exceptional opportunity to acquire a versatile, multi-unit commercial building strategically located on a highly visible corner lot at 123 N. Bluff Ave. in Anthony, Kansas. This property is engineered for income generation, offering six distinct units perfect for maximizing rental income or for an owner-occupier to utilize and lease the remaining spaces. This building represents a superb investment-grade property with high potential for professional offices, specialty retail, or adaptive reuse.

PROPERTY HIGHLIGHTS

Maximize Income with Six Separate Units

The building is meticulously divided into six separate units, each with independent street access and varied amenities, providing flexibility and stability for a diverse tenant base.

Former Professional Law Firm (Main Unit)

The largest and most prominent unit, facing Bluff Avenue, is ideally configured for professional services:

• Layout: Features a dedicated reception area, multiple spacious private offices, an equipped conference room, and a file room.
• Amenities: Includes a private bathroom and separate storage space.
• Ready-to-Go: This layout offers an immediate, executive-level space for a law firm, accounting, or financial services office.

Flexible Retail/Office Suites (Center Units)

The four central office/retail spaces offer streamlined functionality and ease of       access:

• Design: Each unit has its own entrance from the front facade.
• Shared Amenities: These units feature convenient “Jack-and-Jill” style bathrooms, allowing shared access between paired units while maintaining privacy.
• Adaptive Reuse: These spaces can be easily transformed or combined into larger open areas to accommodate various retail, medical, or larger office needs.

East End Unit

The final separate space on the far east end provides excellent utility:

• Functionality: Includes a dedicated, separate office space, a large integrated storage area, and a separate bathroom.
• Access: Features its own separate street access, making it ideal for a business requiring significant storage, a service entrance, or specialized inventory management.

• Excellent Visibility: Prominent corner location ensures high exposure for all tenants.
• Built-in Infrastructure: The interior features extensive built-in shelving, desks, and a dedicated storage room with industrial metal shelving, reducing tenant build-out costs.

AUCTION INFORMATION

Bidding Closes: Tuesday, January 13th @ 7:00 PM CST
Terms: Property sells AS-IS, WHERE-IS.
Earnest Money: Non-refundable deposit due from winning bidder.
Closing: Standard title & closing procedures apply
Summary of Terms:  The property is being sold “AS-IS, WHERE-IS” and without warranty or guarantee of any kind. Each potential buyer is encouraged to conduct their own independent inspections, investigations, and due diligence regarding the described property. It is the buyer’s responsibility to have any desired inspections completed before bidding. Descriptions are believed to be accurate but are not guaranteed. All announcements made on the day of sale supersede any printed material. The seller is offering no other terms or contingencies. You’re encouraged to seek financing; however, please note that your bidding is NOT contingent on financing or inspections.

• Earnest Money: A non-refundable deposit of $2,500 is due the day of the auction and upon the execution of the purchase agreement. Deposit may be in the form of a Cashier’s Check, Personal Check, ACH Deposit, or Cash.
• Buyer’s Premium: A 10% Buyer’s Premium will be added to the final bid to determine the total contract price.

Auctioneer’s Note: We are honored to offer this flexible commercial property at public auction. This building has long served the Anthony community and is poised to be a superb investment for the next owner, offering immediate income potential and exceptional street visibility. This is a rare opportunity to acquire a well-configured multi-unit building without the cost of a complex build-out.

Secure this high-potential, multi-unit commercial asset with diverse income streams today!

Josh Bellamy | Sales Associate & Auctioneer
Dave Brown Group | PenFed Auctions
Berkshire Hathaway HomeServices | PenFed Realty
1617 N Waterfront Parkway, Suite 110, Wichita, KS 67206,
Phone: (316) 461-6297