301 N Washington Ave, Wellington, KS 67152
Recently renovated commercial space in downtown Wellington, Kansas.
- Added:
- Nov 21, 2025
- Days on Market:
- 226
- Last Refresh:
- May 9 at 3:42 am
Property Features for 301 N Washington Ave
General Information
- Standard status
- Active
- Size
- 3,032 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1983
Listing office (316) 847-4908
Listing date Nov 21, 2025
Source Naiglobal
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All listing content including descriptions, pricing, images are the copyrighted material of Grant Glasgow, SIOR
HighLights
- 4,532 SF of recently renovated commercial space in downtown Wellington, Kansas.
- Prime corner location on Main Street.
- Divisible into a 3,032 SF retail/restaurant space and a 1,500 SF shop area.
- Ideal for boutique retail or restaurant use.
- Flexible layout suitable for various business types.
- Walkable location with convenient access to retail, dining, and offices.
Overview
Local Financial Insights For Specialty 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 | $47.3k | $15.60 |
| − Vacancy | −$3.5k | −$1.17 |
| EGI | $43.8k | $14.43 |
| − OpEx | −$10.9k | −$3.61 |
| NOI | $32.8k | $10.82 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wellington
- County
- Sumner
- State
- Kansas
- Longitude
- -97.3977
- Latitude
- 37.268
