First-Floor Street-Level Office
For Sale
Contact for pricing
200 N Broadway Ave, Wichita, KS 67202
Street-level Broadway storefront space offers flexible layout options and convenient private and guest parking for clients and staff.
Property Size1,024 SF
Price / SF$195.31
Days on Market172
Property Features for 200 N Broadway Ave
General Information
Standard status
Active
Size
1,024 SF
Property subtype
OFFICE
Additional Details
Floor
1
Asking Price
$749,000
Office Units
3
Amenities
private and guest parking
flexible suite layouts
Listing Agency:
InSite Real Estate Group, LLC
(316) 207-8940
Listed By:
Alyson Goodwin
(316) 207-8940
Source:
Moodyscre
Added: Feb 9
Changed: Jul 30
Last Checked: Jul 30 at 2:18PM
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.
First-floor office suite with storefront frontage on Broadway in the historic Orpheum. The available space is listed as Ste. C and provides 1,024 SF with flexible suite layouts, including the ability to reconfigure the space to fit an office or boutique retail setup.
Situated at 200 N Broadway Ave in Wichita, KS 67202, the suite benefits from a high-visibility, street-level location. On-site parking is available for both clients and guests, supporting day-to-day access for meetings, walk-ins, and visitors.
The seller indicates openness to a combined suite sale package for suites B through E, which may be relevant for users looking to expand beyond a single suite.
Situated at 200 N Broadway Ave in Wichita, KS 67202, the suite benefits from a high-visibility, street-level location. On-site parking is available for both clients and guests, supporting day-to-day access for meetings, walk-ins, and visitors.
The seller indicates openness to a combined suite sale package for suites B through E, which may be relevant for users looking to expand beyond a single suite.
Key Highlights
- Ste. C available office suite with 1,024 SF
- First‑floor Broadway storefront space in the historic Orpheum
- High‑visibility street‑level location for office or boutique retail
Financial Insights For Office B
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 | $20.5k | $20.04 |
| − Vacancy | −$4.0k | −$3.91 |
| EGI | $16.5k | $16.13 |
| − OpEx | −$4.1k | −$4.03 |
| NOI | $12.4k | $12.10 |
1,024 SF · lease $20.04/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$177.0K
$154.9K – $206.5K
NOI $12,390 @ 7.0% cap · market cap 6.19%
Second Best
Retail
$149.5K
$130.9K – $174.5K
NOI $10,468 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$253.5K
$221.9K – $295.8K
NOI $17,748 @ 7.0% cap · market cap 8.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
3
Office units
Location Intelligence
Trade Area within ½ mile
3,722
Businesses Nearby
Explore this area
Business Placement
Demographics for 67202, KS
2,435
Population
1,778
Households
1.4
Avg Household Size
35
Median Age
53%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,435
Density / Sq Mi
$67,892
Median Household Income
$41,160
Median Earnings
$1,039
Median Rent
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Street-level Broadway storefront space offers flexible layout options and convenient private and guest parking for clients and staff.
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 $200,000.
What are key features of this property?
This property features: Ste. C available office suite with 1,024 SF; First‑floor Broadway storefront space in the historic Orpheum; High‑visibility street‑level location for office or boutique retail
