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Medical Office with Conversion Potential
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1100 N Topeka Ave, Wichita, KS 67214

Income-producing medical office building with multi-family zoning and conversion potential.

Property Size8,477 SF
Price / SF$103.22
Days on Market183

Property Features for 1100 N Topeka Ave

General Information

Standard status Active
Size 8,477 SF
Class C
Property subtype Multifamily, Office
Zoning Multi-Family
Occupancy 100%
Investment Type Sale/Leaseback

Building Details

Year Built 1986
Stories 2
Tenancy Single
Listing Agency: Builders Inc.
Listed By: Jared Simpson · License #00251618
Source: Crexi
Added: Feb 17 Changed: Aug 16 Last Checked: Aug 17 at 11:54AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Builders Inc.

Investment Insights

Based on property information with market context.

This 8,477 sq ft medical office building offers immediate cash flow with future versatility. Located in the heart of Wichita’s medical district, directly north of the region’s largest hospital campus, the property features specialized infrastructure, including a surgery suite. The current medical tenant intends to lease back the facility for approximately 24 months following the sale, providing a new owner with immediate cash flow while evaluating future conversion options. The building features a traditional build-out with a lobby, offices, and exam rooms. The efficient layout includes multiple exam rooms, nurse stations, and administrative offices. The property is adjacent to Ascension Via Christi St. Francis, providing convenience for hospital-affiliated staff. Following the leaseback period, the multi-family zoning allows conversion to apartments or short-term rentals, such as Airbnb, to meet the extreme demand for medical-adjacent housing. The location is suited for traveling nurses and medical residents, as well as families of patients undergoing long-term care at St. Francis. On-site parking and high visibility make this corner lot a premier site for residential tenants.

Key Highlights

  • Immediate income via 24‑month leaseback from current medical tenant.
  • Prime location directly adjacent to the region’s largest hospital campus (Ascension Via Christi St. Francis).
  • Multi‑family zoning allows for future conversion to apartments or short‑term rentals (Airbnb).

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Parts Store Restaurant HVAC Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

964
Businesses Nearby
Under-served
Demand for This Use

Demographics for 67214, KS

15,936
Population
8,197
Households
1.9
Avg Household Size
33
Median Age
13%
College-Educated
77%
High-School Grad
5.3 sq mi
ZIP Area
3,007
Density / Sq Mi
$36,636
Median Household Income
$25,518
Median Earnings
$752
Median Rent
$72,600
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Similar Off Market Nearby

  • Norris Bradley S DVM Wichita, KS 67214

Frequently Asked Questions

What type of property is this?
Medical Office Space - Income-producing medical office building with multi-family zoning and conversion potential.
Where is this medical office space located?
The property is located at 1100 N Topeka Ave Wichita, KS.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Immediate income via 24‑month leaseback from current medical tenant.; Prime location directly adjacent to the region’s largest hospital campus (Ascension Via Christi St. Francis).; Multi‑family zoning allows for future conversion to apartments or short‑term rentals (Airbnb).
More about this property
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