1303 E US Highway 54 - Potential Commercial Land Available

0.87 Acres of Residential Land in Andover, KS 67002

INVESTMENT HIGHLIGHTS

  • Located on a highly visible corner lot off HWY 54 in Andover, this property is perfectly positioned for future development.
  • Visibility off of HWY 54 & YMCA Dr.
  • 0.87 +/- Acres

EXECUTIVE SUMMARY

*Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, “as is where is” condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of cash, check, or immediately available, certified funds in the amount of $20,000 for a 30 day close or $30,000 for a 45 day close.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 0.87 AC

1 LOT AVAILABLE

Lot

Lot Size 0.87 AC

DESCRIPTION

ONLINE ONLY!!! LOCATION LOCATION LOCATION!!!  Located on a highly visible corner lot off HWY 54 in Andover, this property is perfectly positioned for future development. Just across the street from the YMCA and surrounded by a variety of thriving businesses, this location offers high-traffic exposure and endless possibilities. The exterior of the home has been completely updated and is currently rented for $1,200 a month. That is a total annual income of $14,400! Not only are you investing in what is current but in the future development and growth for this area. Do not miss out on this fantastic and unique buying opportunity! EXTERIOR  Corner Lot 0.87 +/- Acres Visibility off of HWY 54 & YMCA Dr. Zoned SF-1 Single Family Residential / Low Density District Andover School District  HOME 2,607 Sq. Ft. Two-Story Home New Roof, Siding, Windows, Sliding Doors & Garage Door Covered front porch Attached two-car garage Living room w/vaulted ceilings Formal dining room Kitchen w/ refrigerator, oven & dishwasher Main floor family room/hearth room with a wood-burning fireplace & built-ins 4-Bedrooms (one on the main level and three on the upper level) 2.5-Baths (half bath on the main level and two full baths on the upper level) Partially finished basement with ample storage space, one finished bonus room & laundry hookups Don't miss out on this rare opportunity to own a prime property Andover, surrounded by top amenities and excellent connectivity! Property offered at ONLINE ONLY auction. | 10% Buyer's Premium will be added to the final bid. | BIDDING OPENS: Tuesday, February 11th, 2025 at 2 PM (cst) | BIDDING CLOSING: Thursday, February 27th, 2024 at 2 PM (cst).  Bidding will remain open on this property until 1 minute has passed without receiving a bid. Property available to preview by appointment. Buyer's choice for earnest money: $20,000 for a 30 day closing, $30,000 for a 45 day closing. The property is currently occupied by a tenant. There is no written lease or deposit information available for the property. No damage deposit will transfer to buyer at closing. Ordinance No. 1913: Change of zoning district classification from the present A-1 Agricultural Transition District to the SF-1 Single Family Residential / Low Density District.

ZONING

Zoning Code A-1 Agricultural Transiti (Ordinance No. 1913: Change of zoning district classification from the present A-1 Agricultural Transition District to the SF-1 Single Family Residenti)
  • Listing ID: 34661957

  • Date on Market: 1/30/2025

  • Last Updated:

  • Address: 1303 E US Highway 54, Andover, KS 67002