ADDRESS
3072 SW 29th St., Topeka, KS

LEGAL DESCRIPTION
Jo Anderson Subdivision, Block A, Lot 1, 11-12-15E

DESCRIPTION
Key location! This 32,475 square foot property presents an exciting opportunity for investors and business owners looking to capitalize on a preeminent location in Topeka's commercial landscape. Prime and high-traffic area in Topeka, making it a lucrative investment due to the visibility and foot traffic from being across from the Brookwood Shopping Center. Vacant property with recent interior renovations, offering a 528 square foot blank canvas for new ownership. Originally built in 1989 as a White Castle, later converted into a McDonald’s Drive-Thru store, which operated for 10 years. McDonald’s terminated in 2018 due to changing store requirements (like the addition of playgrounds), rendering the property unsuitable for their updated business model. The property was then renovated for a new drive-thru concept that never materialized, leaving it available for customization. Great flexibility for a wide range of commercial uses.

MINERAL RIGHTS
Sellers do not own any mineral interest.

TAXES
$4,765.50 (2022). Taxes will be prorated to the date of closing.

POSSESSION
Possession will be upon closing.

TERMS
$10,000.00 Earnest money required and shall be paid the day of the auction with the balance due on or before January 22, 2024. The property is selling in “as is” condition and is accepted by the buyer without any expressed or implied warranties. It is the buyer's responsibility to have any and all inspections completed prior to bidding. The buyer and seller shall split equally in the cost of title insurance and the closing fee. Bidding is not contingent upon financing. Financing, if necessary, needs to be arranged and approved prior to the auction. Statements made the day of the auction take precedence over all printed advertising and previously made oral statements. Gene Francis & Associates and Gavel Roads are agents of the Seller. Contact Lori Rogge, Broker & Auctioneer, at 785 556 7162 or lori@genefrancis.com. Visit genefrancis.com or gavelroads.com for details. Property selling in conjunction with Gavel Roads, LLC, Connie Francis, Broker (316) 425-7732.

December 21st, 2023 3072 SW 29th St., Topeka, KS ONLINE ONLY Real Estate Auction