Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    401 S Washington St Hutchinson, KS

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Warehouse/manufacturing space with gated outdoor storage and crane systems.

    Type:INDUSTRIAL
    Property size:
    48,550 SF
    Lot size:
    3.88 Acres
    Added:
    Jul 24, 2025
    Days on Market:
    254
    Last Refresh:
    Apr 1 at 11:20 pm

    Property Features for 401 S Washington St

    General Information

    Standard status
    Active
    Size
    48,550 SF
    Lot size
    3.88 Acres
    Property subtype
    INDUSTRIAL

    Spaces For Lease

    at 401 S Washington St Contact us

    We can help!

    Listing Contact
    Grant Tidemann, SIOR

    Listing agent Grant Tidemann, SIOR

    Listing office J.P. Weigand & Sons, Inc.

    Listing date Jul 24, 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 J.P. Weigand & Sons, Inc.

    Overview

    Hutchinson Warehouse/Manufacturing Space For Lease

    This warehouse and manufacturing space is available for lease in Hutchinson, Kansas. The property features enclosed, gated outdoor storage. It benefits from convenient access to K-96, K-61, and U.S. Highway 50. The property includes multiple 3-ton and 5-ton cranes. The property has a size of 48,550 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nisly Business Consultants Business Management Consultant

    Suggested Use

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

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

    Similar Places Nearby

    • American Pride Storage — 103 W Ave B, Hutchinson, KS 67501
    • Storage Downtown — 311 W 2nd Ave, Hutchinson, KS 67501

    Location Insight

    • Map
    • Local Demand
    City
    Hutchinson
    County
    Reno
    State
    Kansas
    Longitude
    -97.9338
    Latitude
    38.0576

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      KS, Hutchinson - 23rd Ave

      1632 23Rd Ave, Hutchinson, KS 67501
      View Details
    • Contact for pricing

      Prime Retail/Office Space Available

      4,300 SF space for lease in high-traffic location.
      2300 N Lorraine St, Hutchinson, KS
      View Details
    • $11/mo

      Office or Retail Space Available

      Office and retail suites for lease in Hutchinson, Kansas.
      510 E 17th Ave, Hutchinson, KS
      View Details
    • $7/mo

      Retail Space in Busy Corridor

      9,360 SF retail space in high-traffic Hutchinson corridor.
      401 E 4th Ave, Hutchinson, KS
      View Details
    • $13/mo

      Downtown Hutchinson Retail/Office Space

      Prime retail/office space in the heart of Downtown Hutchinson.
      208 N Main St, Hutchinson, KS
      View Details
    • $7/mo

      Retail Space Near 30th Avenue

      High-traffic retail space with 17' ceilings and ample parking.
      1223 E 30th Ave, Hutchinson, KS
      View Details
    • $4/mo

      Warehouse and Office Space Available

      Warehouse and office space for lease near West 2nd.
      708 W 2nd Ave, Hutchinson, KS
      View Details
    • $3/mo

      Industrial Facility in Hutchinson, Kansas

      Industrial office/warehouse/manufacturing facility for sale in Hutchinson, Kansas.
      100 S Halstead St, Hutchinson, KS
      View Details
    • $14/mo

      Retail Space on Corner Location

      Corner retail space with ample parking and signage opportunities.
      1912-1920 E 17th Ave, Hutchinson, KS
      View Details
    • $2/mo

      Warehouse Space with Dock Doors

      Two-story warehouse with dock doors and adjacent land available.
      320 N Washington St, Hutchinson, KS
      View Details
    • Contact for pricing

      Former Bank Branch Opportunity

      5,275 SF former bank branch near Kansas State Fairgrounds.
      624 E 30th Ave, Hutchinson, KS
      View Details
    • $12/mo

      Retail Space in Hutchinson, Kansas

      Retail space available with ample parking and pylon signage.
      1506 E 17th Ave, Hutchinson, KS
      View Details

    FAQs

    What type of property is this?
    Warehouse - Warehouse/manufacturing space with gated outdoor storage and crane systems.
    Where is this warehouse located?
    The property is located at 401 S Washington St Hutchinson, KS.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: Multiple 3‑ton and 5‑ton cranes; Warehouse/manufacturing space available; Enclosed, gated outdoor storage
    (316) 292-3908 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Grant Tidemann, SIOR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!