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    Retail Space Near Medical Developments Title is generated by Realmo AI

    2202 E Central Ave, Wichita, KS

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    Versatile 2,500 SF retail space in Wichita, Kansas.

    Type:RETAIL
    Property size:
    2,500 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $117/SF
    Added:
    Oct 1, 2025
    Days on Market:
    257
    Last Refresh:
    May 20 at 9:23 pm

    Property Features for 2202 E Central Ave

    General Information

    Standard status
    Active
    Size
    2,500 SF
    Lot size
    0.16 Acres
    Property subtype
    RETAIL

    Properties For Sale

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    Listing Contact
    Leon Moeder

    Listing agent Leon Moeder

    Listing office Moeder & Associates

    Listing date Oct 1, 2025

    Source Moodyscre

    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 Moeder & Associates

    HighLights

    • Versatile retail space
    • Located near major new medical developments
    • 2,500 SF of retail space
    • Plain Vanilla Box retail space

    Overview

    This property offers 2,500 square feet of retail space. The property is located near major new medical developments. The space is described as a plain vanilla box retail space.

    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 $39.9k $15.96
    − Vacancy −$3.4k −$1.36
    EGI $36.5k $14.60
    − OpEx −$11.0k −$4.38
    NOI $25.6k $10.22
    2,500 SF · lease $15.96/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $365.1K
    $319.5K – $425.9K (±1% cap)
    NOI $25,556 @ 7.0% cap · market cap 8.72%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $619.0K
    $541.6K – $722.2K (±1% cap)
    NOI $43,331 @ 7.0% cap · market cap 14.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3102
    Latitude
    37.6939

    FAQs

    What type of property is this?
    Retail space - Versatile 2,500 SF retail space in Wichita, Kansas.
    Where is this retail space located?
    The property is located at 2202 E Central Ave Wichita, KS.
    What is the asking price?
    The asking price for this property is $293,000.
    What are key features of this property?
    This property features: Versatile retail space; Located near major new medical developments; 2,500 SF of retail space
    (316) 264-8530 Call to check price and availability
    More about this property
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