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Property profile & analytics
OFF-MARKET Estimated value $630,000
Retail space

6200 Central Ave Wichita, KS 67208-4210

16,210 SF 1.02 ac lot Built 1979
Entity Owned 13-yr Hold ~ Est. High Equity
Property ID
US33-0622324
Property summary
AI-generated overview

This exceptional 16,210-square-foot commercial property, situated on a 1.02-acre lot at the high-traffic intersection of Central and Woodlawn in Wichita, Kansas, presents a remarkable investment opportunity. Currently housing a successful interior design firm, the building offers immediate occupancy with a stunning showroom, well-appointed offices, and a functional warehouse area. The versatile layout allows for a variety of uses, from retail and office space to warehouse operations, and can be easily adapted to suit specific business needs. The property features zoned heating and air conditioning for optimal comfort and efficiency. Upstairs, a spacious office area with a separate entry option provides potential for expansion or additional leasing revenue. Ample parking is available on-site, with over 50 spaces to accommodate employees and customers. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-profile presence in Wichita. The property's current configuration demonstrates its suitability for a variety of commercial uses, and its flexible design allows for customization to meet the unique requirements of future tenants. Additional warehouse photos are available upon request. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving Wichita location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Construction CONCRETE BLOCKS
Total area 16,210 SF
Lot 1.02 ac (44,431 SF)
APN 087-126-13-0-44-02-014.00
UPID US33-0622324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Roo Grayson Llc Interior Design Home Decor Store
  • Renew Drug Detox Kansas Health Counselor Addiction Treatment Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$778k
Blend (final) Blend
$630k
Owner & transaction history
Grayson Properties LLC · 13 yrs held
Grayson Properties LLC
since 2013
1 recorded transaction
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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