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    2502 S Oliver St Wichita, KS 67210

    For Lease
    $399,900

    Freestanding commercial retail building with immediate income potential.

    Property size:
    754 SF
    Lot size:
    0.58 Acres

    Property Features for 2502 S Oliver St

    General Information

    Size
    754 SF
    Lot size
    0.58 Acres

    Source: Berkshire Hathaway PenFed Realty Agent Dave Brown

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building For Lease

    This freestanding commercial retail building presents an opportunity for lease. Currently, the property is utilized as a bar/club in Suites 2506 & 2508, offering an immediate income stream and business potential. The former smoke shop space is vacant and totals 754 square feet. Key features include a dedicated parking lot, concrete slab and tile flooring, central air/electric cooling, and 220 Volt, Single Phase electric. Possession is available subject to tenant rights.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Casey's Bar & Grill, Barron's

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.279831
    Latitude
    37.648293

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    FAQs

    What type of property is this?
    Bar - Freestanding commercial retail building with immediate income potential.
    Where is this bar located?
    The property is located at 2502 S Oliver St Wichita, KS.
    What are key features of this property?
    This property features: - Immediate income stream and business potential as an existing Bar/Club.; - Freestanding commercial retail building.; - Dedicated parking lot.
    (316) 461-6297
    Request Owner's contact information
    2502 S Oliver St Wichita, KS 67210
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    Wichita, KS 67210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2502 S Oliver St Wichita, KS 67210
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