Description
Property offered at ONLINE ONLY auction. BIDDING OPENS: Tuesday, August 11th, 2026 at 2 PM (ct) | BIDDING CLOSING: Wednesday, August 19th, 2026 at 2 PM (ct). Bidding will remain open on this property until 90 seconds have passed without receiving a bid. Property available to preview by appointment. CLEAR TITLE AT CLOSING, NO BACK TAXES. ONLINE ONLY!!! SELLING REGARDLESS OF PRICE BEYOND THE STATED MINIMUM RESERVE OF $525,000!!! Originally opened in 1991 as one of the founding establishments of Wichita's Old Town entertainment district, Heroes became one of the area's most recognizable entertainment destinations during its more than 30-year history. Located in the heart of Historic Old Town, the property features a spacious covered patio overlooking the district's signature brick streets. Two nearby parking lots provide a rare convenience in downtown Wichita, while the property is within walking distance of INTRUST Bank Arena, hotels, offices, and Old Town's restaurants and entertainment venues. Originally constructed as the historic Cox Produce Building, the property retains its authentic warehouse character with exposed brick walls, original timber beams, and architectural details that reflect its rich history. Now available for sale, the property presents an exceptional opportunity for an owner-user, investor, or developer to reposition a well-known Old Town landmark. Whether transformed into a new grill & bar, brewery, entertainment venue, retail space, office, or another commercial concept, its historic character, flexible layout, and premier location provide outstanding redevelopment and adaptive reuse potential. Property Highlights 5,838± SF Prime Historic Old Town location Redevelopment and adaptive reuse opportunity Covered patio Two overhead doors Commercial kitchen Oval bar top DJ booth and dance floor Security system New rubber roof (2022) New sewer line (2022) Personal property to convey with sale - see itemized list in Property Information Packet (extensive neon sign collection) Nearly a turnkey business opportunity. This property was previously leased at $10,612.00 per month, NNN. In addition to base rent, the tenant was responsible for a $700.00 monthly parking fee. With its iconic history, irreplaceable Old Town location, and versatile floor plan, this property offers a rare opportunity to acquire one of downtown Wichita's most recognizable commercial buildings. Whether preserving its legacy as an entertainment destination or reimagining it for a new vision, the property's historic character, premier location, and redevelopment potential position it to play a significant role in Old Town's continued evolution. May 1st, 2022 there was a small fire by the alley door on the NW corner. The property manager worked with the insurance company to restore the damage which included replacing the roof (rubber roof by Wray Roofing) and general remodel in that area. Copy of roof warranty and paid invoices from repairs are in the Property Information Packet. Elements of previous char date back many decades, prior to current ownership. Itemized Business Asset List Conveying with Real Estate Included in Property Information Packet. *Buyer should verify school assignments as they are subject to change. The real estate is offered at public auction in its present, as is where is condition and is accepted by the buyer without any expressed or implied warranties or representations from the seller or seller’s agents. Full auction terms and conditions provided in the Property Information Packet. Total purchase price will include a 10% buyer’s premium ($2,500.00 minimum) added to the final bid. Property available to preview by appointment. Earnest money is due from the high bidder at the auction in the form of check, or immediately available, certified funds in the amount of $50,000 for a 30-day closing or $65,000 for a 45-day closing
Details
| MLS # | 676390 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1912 |
| Days On Site | 29 |
| Listing Provided By | McCurdy Real Estate & Auction, LLC | Braden McCurdy |
Features
| SQ Feet | 5,838 |
|---|---|
| Story(s) | 1 |
| Zoning | Limited Ind |
| Acreage | 0.16 |
Interior
| Flooring | Carpet, Concrete, Wood |
|---|
Parking
| Parking Features | Off Site |
|---|
Taxes
| Property | 14998 |
|---|
Area Information
| State | KS |
|---|---|
| County | Sedgwick |
| City | Wichita |
| Zip Code | 67202 |
| School District | SCKMLS |
| Listing VS Median (in 67202) | |
sqft: 5,838 low | high Med: 3,647 On site: 29 low | high Med: 27 | |
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Learn More About This Property
| State | KS |
|---|---|
| County | Sedgwick |
| City | Wichita |
| Zip Code | 67202 |
| School District | SCKMLS |
| Listing VS Median (in 67202) | |
sqft: 5,838 low | high Med: 3,647 On site: 29 low | high Med: 27 | |
