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Adaptive Reuse Industrial Flex Space

622 S Commerce St, Wichita, KS 67202

For Lease
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Open industrial layout with barrel truss ceilings and an oversized parking lot near Intrust Bank Arena.

Space Size20,990 SF
Days on Market174

Property Features for 622 S Commerce St

General Information

Standard status Active
Size 20,990 SF
Property subtype INDUSTRIAL
Lease Type Modified Gross

Site & Location

Neighborhood Downtown

Spaces For Lease

at 622 S Commerce St
Commerce St. Building With Parking For Sale $8/SF/Yr
Size 20,990 SF
Type INDUSTRIAL
Lease Type MODIFIED_GROSS
Availability AVAILABLE
• Barrel truss ceilings with true warehouse grit • Rare oversized parking lot in the urban core • Positioned steps from Intrust Bank Arena • Surrounded by breweries, restaurants, and Downtown energy • Creative office, retail, brewery, studio, fitness, or event potential • Located in Wichita’s rapidly evolving Commerce corridor • Open industrial layout built for adaptive reuse • Minutes to Delano, Riverfront Stadium, and Old Town • Authentic character impossible to duplicate today • Strong momentum driven by recent public + private investment • Great investment in a thriving area
Contact us
Listing Agency: InSite Real Estate Group, LLC
Listed By: Jake Ramstack · License KS SP00230947
Source: Moodyscre
Added: May 21 Changed: Nov 3 Last Checked: Nov 8 at 7:21AM

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

Rey
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Investment Insights

Based on property information with market context.

This adaptive reuse flex space offers an open industrial layout designed for flexibility, highlighted by barrel truss ceilings and authentic warehouse character. The configuration is positioned for multiple concepts, including creative office, retail, brewery, studio, fitness, or event use.

Situated in Wichita’s Commerce corridor, the property is described as steps from Intrust Bank Arena and surrounded by breweries and restaurants, with downtown energy.

The asset’s practical design and rare oversized parking lot support a range of adaptive uses in an active urban setting.

Key Highlights

  • Open industrial layout with barrel truss ceilings
  • Oversized parking lot in the urban core
  • Steps from Intrust Bank Arena

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Wichita Bindery Department Store

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Locksmith Grocery & Convenience Store Food Market Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,875
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Wichita, KS

$11.26 /SF/Yr
Avg Asking Price
$9.6–$13.5 /SF/Yr
Price Range
13,990 SF
Avg Space Size

This space is priced 29% below the average of $11.26 /SF/Yr.

Properties on Market for Flex space in Wichita

Jul
Aug
Sep
Oct

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • The Big O Food Experience — 1138 S Hydraulic Ave, Wichita, KS 67211, United States
  • Aramark Correctional Services — 401 S Emporia St, Wichita, KS 67202
  • The Kitchen — 725 E Douglas Ave, Wichita, KS 67202
  • Corporate Caterers of Wichita — 135 N Waco Ave, Wichita, KS 67202
  • Smokin' Diner Food Truck — Wichita, KS 67202

Frequently Asked Questions

What type of property is this?
Flex space - Open industrial layout with barrel truss ceilings and an oversized parking lot near Intrust Bank Arena.
Where is this flex space located?
The property is located at 622 S Commerce St Wichita, KS.
What is the lease rate?
The lease rate is $8 SF/Yr.
What are key features of this property?
This property features: Open industrial layout with barrel truss ceilings; Oversized parking lot in the urban core; Steps from Intrust Bank Arena
(316) 618-1100 · Office Call to check price and availability
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