500 S G St, Arkansas City, KS 67005

The property in Arkansas City features 6,720 square feet of net rentable space, comprising 56 units with 96% occupancy. Located in the heart of Arkansas City, this property offers potential for growth, income generation, and value-add opportunities through land for potential expansion, existing customer rent increases, and increasing tenant insurance income. Arkansas City is one of the largest communities in Cowley County and plays a central role in the region’s economy and culture. It is located along U.S. Highways 77 and 166, offering strong north-south and east-west travel corridors, with close proximity to I-35 and the Kansas-Oklahoma border. The city is part of the Wichita, KS Combined Statistical Area and sits approximately 60 miles southeast of Wichita. Arkansas City is home to Cowley College. The city’s strong transportation infrastructure is supported by freight rail service and regional access to Class I railroads, with discussions underway to potentially restore passenger rail service. Arkansas City’s economy is bolstered by a mix of manufacturing, agriculture, education, and logistics sectors. It is also just a short drive from Cowley State Fishing Lake and the scenic Flint Hills. The community continues to attract employers due to its skilled labor force, transportation access, and business-friendly environment. Approximately 0.95 acres adjacent to the property is included in the sales that classifies self-storage development as a conditional use currently. There is also the ability to add additional shipping containers. There is low supply within a 3-mile range in the market and strong market occupancy statistics. The property is located in south-central Kansas near the Oklahoma border, 60 miles from Wichita, 110 miles from Oklahoma City, OK, 14 miles from Winfield, and 27 miles to Ponca City, OK.