Office Flex Space with Secured
New
For Sale
Contact for pricing
136 S Pattie Ave, Wichita, KS 67211
CBD zoning allows a broad range of commercial and service uses for this Wichita property.
Property Size2,076 SF
Lot Size0.24 Acres
Price / SF$120.42
Days on Market7
Property Features for 136 S Pattie Ave
General Information
Standard status
Active
Size
2,076 SF
Lot size
0.24 Acres
Property subtype
INDUSTRIAL
Zoning
CBD
Site & Location
Highway Access
Yes
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Amenities
fenced secured yard
Building Details
Year Built
1930
Owner Occupied
No
Listing Agency:
NAI Martens
(316) 258-4954
Listed By:
Ransom Butler · License #00244816
(316) 258-4954
Source:
Moodyscre
Added: Jul 31
Changed: Aug 3
Last Checked: Aug 5 at 1:56PM
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 NAI Martens
Investment Insights
Based on property information with market context.
This flex space at 136 S Pattie Ave includes 2,076 SF of office and flexible commercial area on a 0.24-acre site. The property has a fenced, secured yard, full HVAC throughout, and a 1930 construction date. It is scheduled to become available for owner-occupancy in December 2026.
The property is located two blocks south of Douglas near Wichita’s CBD, with downtown, Kellogg, and I-135 minutes away. CBD zoning supports a broad range of commercial and service uses, offering flexibility for an owner-user seeking a combination of enclosed workspace and secured outdoor area.
The property is located two blocks south of Douglas near Wichita’s CBD, with downtown, Kellogg, and I-135 minutes away. CBD zoning supports a broad range of commercial and service uses, offering flexibility for an owner-user seeking a combination of enclosed workspace and secured outdoor area.
Key Highlights
- 2,076 SF office/flex property on 0.24 acres
- Fenced, secured yard
- CBD zoning supports a wide range of commercial and service uses
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.9k | $12.96 |
| − Vacancy | −$1.6k | −$0.78 |
| EGI | $25.3k | $12.18 |
| − OpEx | −$8.9k | −$4.26 |
| NOI | $16.4k | $7.92 |
2,076 SF · lease $12.96/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$358.8K
$314.0K – $418.6K
NOI $25,118 @ 7.0% cap · market cap 10.05%
Second Best
Flex RnD
$234.8K
$205.5K – $274.0K
NOI $16,439 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$514.0K
$449.8K – $599.7K
NOI $35,982 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 67211, KS
19,721
Population
9,568
Households
2.1
Avg Household Size
35
Median Age
14%
College-Educated
80%
High-School Grad
5.1 sq mi
ZIP Area
3,867
Density / Sq Mi
$44,003
Median Household Income
$31,335
Median Earnings
$841
Median Rent
$99,100
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- The Kitchen — 725 E Douglas Ave, Wichita, KS 67202
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- Smokin' Diner Food Truck — Wichita, KS 67202
Frequently Asked Questions
What type of property is this?
Flex space - CBD zoning allows a broad range of commercial and service uses for this Wichita property.
Where is this flex space located?
The property is located at 136 S Pattie Ave Wichita, KS.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,076 SF office/flex property on 0.24 acres; Fenced, secured yard; CBD zoning supports a wide range of commercial and service uses
