Take over the reins of this highly successful auction and consignment business located at the Geographical "Center of the United States" in North Central Kansas at the junction of U.S. Highway 281 and U. S. Highway 36 in Smith Center. Stortz Auction Company has been an essential pillar for the community of Smith Center, since 2004. After 18 years of building their business into a successful turn-key operation, owners Dave and Nancy Stortz are retiring. Their loyal and repeat customer base stretches from all across the Midwest making this an exciting and profitable business to be a part of. This would be an excellent opportunity for a new owner to take over an established and recession-proof business with very little overhead and supply costs to start making money right away. If you are only interested in purchasing the real estate and not the business, Dave and Nancy are willing to negotiate a plan to liquidate the inventory. For an investor, this massive building is set up perfectly to be separated into multiple largescale leasing units. The building boasts over 17,194 square feet of floor space, tremendous street presence with two separate street front entrances and alley access points. Jims Alignment and Tire has been a long-standing tenant and leases the front half (3,306 sq. ft.) of the South building. Building diagram in the photo gallery. When looking at this historic building pay close attention to the exterior's unique details in this Spanish Colonial-style building. You will notice the facade of the Spanish roof tiles, the curved roof edge parapets, tile ornaments built into the brick exterior, and the balcony arched columns with stained glass and wrought iron window grills. When built in late 1930 it served as a car dealership for Bonecutter-Dimond Chevrolet and Filling and Service Station, today much of the original building façade has been left in place and is recognized on the National Register of Historic Places. Call today to set up a time to see everything this building has to offer!! Investment Highlights: The building has been well maintained by the owners and is in great condition, Turn Key, Strong community ties, an established business that is a needed service for the citizens of Smith County, located in a high traffic corner location with road frontage on Main St. and New York St that allows for easy travel and parking in all directions, Inventory and fixtures are included in the asking price, Lease in place with Jim's Alignment in the front half of the South Building, Tenant pays half of all the utilities along with monthly rent, The building can be divisible into many different sizes for added rental income, Listed on the National Register of Historic Places where potential grants may be available for building improvements, Local grants and loans are available through The Smith Center Economic Development, Director Dana Peterson. Property Features: The north building's roof was replaced in 2018 with a $27,000 elastomeric roof that carries a 10 yr. warranty, The half-barrel sloping roof easily allows water to drain, The South building has a pitched metal roof allowing the water to drain off easily, Large storefront windows with crank out awnings and multiple garage doors all around the property, Updated Water, Plumbing, and Electrical in 2004, 200 amp and 220 amp electric, Multiple outlets, Two handicap accessible Men's and Women's Bathrooms in the North front building, A third bathroom in the South front building occupied by Jim's Alignment and Tire Shop, Full Kitchen, Multiple ceiling fans, Overhead Furnaces and Radiant Heating Units and Floor Drains throughout, Exposed Brick Interior features, Reinforced concrete floors, Multiple concrete ramps going to and from the North and South buildings through the original 8x8 bifold red doors, Basement 24x18 shelter/storage room designed with reinforced stressed concrete, Riveted Steel Beams and Joists stretching across the North and South buildings.
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