5905 Slater Street, Merriam, KS

Office for Sale - 5,400 Sq. Ft.


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Agent Info

NameJeff Cates
CompanyCates Auction & Realty Co., Inc.

Property Info

CIMLS #998606
Location5905 Slater Street
Merriam KS 66202
Last UpdatedApril 6th, 2018
TypeOffice
PriceUndisclosed
Building5,400 Sq. Ft.

Contact


Property Description

Two Freestanding Office/Retail Buildings Totaling 5400 SF +/- on .46 Acre Site

Great Location Adjacent to Walgreens in Prime IKEA Area Southeast of I-35 & Johnson Dr.

Major Retail Corridor Anchored by IKEA, Hobby Lobby, Merriam Town Center, McDonald’s, etc.

Two Blocks North of the New Planned Merriam Community Center.

Former Doctor’s Office and Oriental Rug Gallery Occupied Space for Many Years.

Excellent Owner/User or Investment Opportunity with Existing Buildings or Redevelopment.

Perfect for Professional Services, Showroom, Gallery, Studio, etc. with Limited Parking Needs.

Sells to the Highest Online Bidder Regardless of Price!

BUILDING TYPE: Freestanding Office/Retail

TOTAL BUILDING AREA: 5371 SF +/-

SITE AREA: .46 Acres +/- (20,057 SF)

ZONING: PUD-G (Approved for Doctor’s Office/Antique Store)

PARKING: 12 asphalt surface spaces +/-

PARCEL ID: 046-051-12-0-40-01-006.00-0

2017 RE TAXES: $14,538.71

BUILDING 1 Showroom/Former Rug Gallery

TOTAL AREA: 2993 SF +/-

CONSTRUCTION: Frame

EXTERIOR: Stucco/Stone/Steel

ROOF: Composition

FOUNDATION: Slab

YEAR BUILT: 1980, Add-ons 1993 & 2000

BUILDING 2 Converted Residence/Former Doctor’s Office

TOAL AREA: 2378 SF +/-

CONSTRUCTION: Frame

EXTERIOR: Steel Siding

ROOF: Composition

FOUNDATION: Stone

YEAR BUILT: 1925

INVESTMENT OVERVIEW

This well-maintained office/retail property is located adjacent to Walgreens in the prime IKEA development area just southeast of I-35 and Johnson Drive in Merriam, Johnson County, Kansas. The property features two free-standing buildings totaling 5400 SF +/- situated on a .46 acre site located in a major retail corridor anchored by IKEA, Hobby Lobby, Merriam Town Center, Quik Trip, McDonald’s, etc. and two blocks north of the new planned Merriam Community Center.

Formerly a doctor’s office and Oriental rug gallery, the property is zoned PUD-G and is well suited for professional services, showroom, gallery, studio, niche retail, etc. with limited parking needs. This is an excellent owner/user or investment opportunity with significant upside for the existing use or redevelopment.

The property will be sold to the highest bidder regardless of price in a no reserve online auction. Online bidding ends Wednesday, May 9 at 1:00 p.m.


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