Renovated Office Showroom
1815 E Central Ave Wichita, KS 67214
1815 E Central Ave, Wichita, KS, 67214
Contact for pricing
For Sale
Contact for pricing
Fully renovated office building with large showroom and meeting space plus private offices and stations.
Property Size8,112 SF
Lot Size1.14 Acres
Price / SF$129.44
Days on Market109
Property Features for 1815 E Central Ave
General Information
- Standard status
- Active
- Size
- 8,112 SF
- Lot size
- 1.14 Acres
- Property subtype
- OFFICE
Listing agency
Landmark Commercial Real Estate
(316) 293-9733
Listed by
Scott Harper MBA, CCIM
(316) 293-9733
Source
Moodyscre
Added: Apr 6 Updated: Jul 22 at 8:49PM Checked: Jul 22 at 8:49PM
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 Landmark Commercial Real Estate
Investment Insights
Based on property information with market context.
This fully renovated, well-maintained office building includes a mix of private offices, work stations, and a large showroom/meeting room. The property is configured to support both client-facing presentation space and day-to-day office operations, with dedicated on-site parking.
The building is described as having highly visible placement and immediate access to I-135, with strong traffic counts noted. It is also positioned for straightforward navigation and easy visibility.
Available for sale as a building with approximately 8,112 square feet, the property sits on a lot of approximately 49,712 square feet and is zoned for General Commercial use, supporting a flexible commercial office/showroom setup within the existing configuration.
The building is described as having highly visible placement and immediate access to I-135, with strong traffic counts noted. It is also positioned for straightforward navigation and easy visibility.
Available for sale as a building with approximately 8,112 square feet, the property sits on a lot of approximately 49,712 square feet and is zoned for General Commercial use, supporting a flexible commercial office/showroom setup within the existing configuration.
Key Highlights
- Fully renovated, well‑maintained office building with large showroom/meeting space and private offices
- 8,112 SF building with a mix of private offices, work stations, and large showroom/meeting rooms
- 49,712 SF lot with a large private parking lot
Local Financial Insights For Retail
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 | $129.5k | $15.96 |
| − Vacancy | −$11.0k | −$1.36 |
| EGI | $118.5k | $14.60 |
| − OpEx | −$35.5k | −$4.38 |
| NOI | $82.9k | $10.22 |
8,112 SF · lease $15.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.40M
$1.23M – $1.64M
NOI $98,148 @ 7.0% cap · market cap 9.35%
Second Best
Retail
$1.18M
$1.04M – $1.38M
NOI $82,924 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$2.01M
$1.76M – $2.34M
NOI $140,599 @ 7.0% cap · market cap 13.39%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Soteria Technology Solutions
Tech Support Center
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FAQs
What type of property is this?
Office building - Fully renovated office building with large showroom and meeting space plus private offices and stations.
Where is this office building located?
The property is located at 1815 E Central Ave Wichita, KS.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Fully renovated, well‑maintained office building with large showroom/meeting space and private offices; 8,112 SF building with a mix of private offices, work stations, and large showroom/meeting rooms; 49,712 SF lot with a large private parking lot
