22 E 2nd Ave, Hutchinson, KS 67501
Listing Presented By
Realty Executives 4Results, Inc.
Retail - Hutchinson, KS
Turn-key restaurant in downtown Hutchinson. Remodeled in 2010, including 3 new HVAC units (all roof mounted), new electrical service and fixtures, new plumbing and fixtures, and 2 new restrooms. The property is on the National Register of Historic Places as part of the 'Downtown Core North Historic District' for the City of Hutchinson. The remodel was designed by a local architect and combined the former Carl's Bar and Santa Fe 21 spaces into 1 facility from the street to the alley. The asking price includes the building, the land, the corporation and approximately $45,000 in Federal historic tax credits to use against future profits and associated Federal income taxes (credit is dollar for dollar tax liability reduction, up to 20% per year, over a maximum of 15 more years). NOTES: Property formerly leased at $2,000/month. Seller, David L. Allen, President of SportsNuts, Inc., is a licensed Kansas real estate salesperson.. To set up a personal tour, contact Jim Davis at (620) 474-3273 or firstname.lastname@example.org.
Built In: 1920
Last Updated: June 9, 2016
Posted: September 19, 2015