Historic Broadway Storefront
200 N Broadway Ave Wichita, KS 67202
For Sale
Contact for pricing
First-floor street-level office or boutique retail suite with flexible layout options and convenient private and guest parking.
Property Size1,579 SF
Price / SF$126.03
Days on Market170
Property Features for 200 N Broadway Ave
General Information
Standard status
Active
Size
1,579 SF
Property subtype
OFFICE
Listing Agency:
InSite Real Estate Group, LLC
(316) 207-8940
Listed By:
Alyson Goodwin
(316) 207-8940
Source:
Moodyscre
Added: Feb 9
Changed: Jul 25
Last Checked: Jul 28 at 3:31PM
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 InSite Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This first-floor Broadway storefront suite offers flexible suite layouts suitable for office use or boutique retail. The seller is also open to considering a combined suite sale package.
The property is described as a high-visibility, street-level location within the historic Orpheum.
Suite B is listed as 1,579 SF, with additional suite options available (Suite C and Suite D&E, including a combined B–E offering).
The property is described as a high-visibility, street-level location within the historic Orpheum.
Suite B is listed as 1,579 SF, with additional suite options available (Suite C and Suite D&E, including a combined B–E offering).
Key Highlights
- First‑floor Broadway storefront space in the historic Orpheum, suitable for office or boutique retail
- Suite B: 1,579 SF ($199,000); Suite C: 1,024 SF ($200,000); Suite D&E: 2,337 SF ($357,561)
- Combined Suites B–E available: 4,940 SF total for $749,000
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 | $25.2k | $15.96 |
| − Vacancy | −$2.1k | −$1.36 |
| EGI | $23.1k | $14.60 |
| − OpEx | −$6.9k | −$4.38 |
| NOI | $16.1k | $10.22 |
1,579 SF · lease $15.96/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$272.9K
$238.8K – $318.4K
NOI $19,105 @ 7.0% cap · market cap 9.60%
Second Best
Retail
$230.6K
$201.8K – $269.0K
NOI $16,141 @ 7.0% cap · market cap 8.11%
Theoretical Best
Office A
$391.0K
$342.1K – $456.1K
NOI $27,368 @ 7.0% cap · market cap 13.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - First-floor street-level office or boutique retail suite with flexible layout options and convenient private and guest parking.
Where is this office units located?
The property is located at 200 N Broadway Ave Wichita, KS.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: First‑floor Broadway storefront space in the historic Orpheum, suitable for office or boutique retail; Suite B: 1,579 SF ($199,000); Suite C: 1,024 SF ($200,000); Suite D&E: 2,337 SF ($357,561); Combined Suites B–E available: 4,940 SF total for $749,000
