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

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