Commercial Properties For Sale In Wichita Kansas By Lange Real Estate 1 1 2780×1280 C
Under Contract

Upcoming Auction 620 N Oliver Rd | Newton, KS

Unlock the Potential of 620 N Oliver – A Modern Industrial Facility

Seize the opportunity to purchase this former chemical manufacturing facility. Nestled on a generous 2.20-acre site adjacent to the Newton City/County Airport, this property promises a blend of office space and expansive manufacturing and warehousing capabilities.

With an initial investment of over $8 million, this property is a possible solution for businesses looking to establish or expand operations in the aerospace sector, specialty chemical manufacturing, or any enterprise requiring high-grade, combustible material handling.

  • Address:

    620 N Oliver Rd, Newton, KS, USA View on Map
  • Price:

    Bidding starts at $800,000.

  • Details:

    Online Auction: 4/2/2024 - 4/11/2024
  • Details

    Property Type: Industrial

    Subtype: Mixed Use, Office/Warehouse

    Square Footage: 20,125 (total)

    Office Space sqft: 4,251

    Warehouse Space sqft: 15,874

    • 26’ to 30’ ceiling clearance

    Year Built: 2014

    Buildings: 1

    Stories: 1

    Zoning: Industrial Park

    Lot Size (acres): 2.20

  • Marketing Description

    This property is not just a building; it’s a potential hub for innovation and growth. Whether for research and development, manufacturing or as a logistics center, 620 N Oliver is where your business’s future takes flight.

    Highlights for Your Enterprise:

    • Vast Storage Options: Six large-scale tanks offer a combined storage capacity of 75,000 gallons, ideal for bulk processing or distribution.
    • State-of-the-Art Facilities: From a fully-equipped laboratory to a drive-through liquid transfer bay, every detail is designed for efficiency and compliance.
    • Scalable Office Space: Featuring a modern office layout with multiple workstations, a reception area, and executive suites, ready to accommodate your administrative needs from day one.
    • Strategic Location: Take advantage of the site’s proximity to the airport, facilitating easy logistics and transport links for both staff and products.

    Property Specifications:

    • Office Space: 4,251 sq ft including:
      • Reception area
      • Private office
      • Four cubicle workstations
      • Laboratory
      • Kitchenette
      • Male/Female restrooms
      • Restroom with shower and locker facilities
    • Warehouse: 15,874 sq ft with 26’ to 30’ ceiling clearance.
    • Additional Amenities:
      • Cummins backup generator
      • Three-phase electric power supply
      • Climate-controlled warehouse environment
      • Drive-through liquid transfer bay measuring 20’ in height under a 20×50’ canopy
      • LED lighting throughout
      • Wet fire suppression system

    Operational Considerations:

    • Parking: 34 spaces, with a ratio of 1.69 per 1000 sq. ft.
    • Zoning: Industrial, subject to Federal Aviation Administration regulations.
    • Lease Agreement: 50-year ground lease with the airport at $0.15 per sq ft, resulting in a monthly lease rate of $1,127.11 due on the first of each month.
    • Pre-emptive Rights: The City of Newton retains the right of first refusal.

     

     

Supporting Documents

Contact the Listing Realtor

Jeff Lowrance

Jeff Lowrance

Commercial Realtor

Message Jeff Online

Name(Required)
The best way to contact me is:
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
This field is for validation purposes and should be left unchanged.