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212 Hillside St Wichita, KS 67214

Sponsored
For Sale
$800,000

Stabilized medical office investment. High ROI potential.

Property size:
5,771 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a stabilized Class B medical office building located at 212 N Hillside St, Wichita, KS 67214. The 5,771 square foot building sits on a 0.62-acre lot and features 45 parking spaces. Currently 100% occupied by Seventh Direction, an outpatient rehabilitation provider, under a modified lease with a remaining term of approximately 1.2 years, expiring January 31, 2026. The lease commenced January 3, 2011, and includes a built-in 3% rent increase in February 2025. Built in 1981 and renovated in 2011, this single-tenant property offers a strong, consistent income stream. The property is zoned B Multi Family, LC. The asking price is $800,000, translating to $138.62 per square foot. Detailed financial information is available upon request. This is a rare opportunity to acquire a well-located, stabilized medical office building with a proven tenant history in a growing market. Don't miss out on this chance to add a high-performing asset to your portfolio.

Property Features for 212 Hillside St

General Information

Property type
Medical offices
Square Feet
5,771 SF
Class
B
Lot Size
27,007 SF

Building Details

Year Built/Renovated
1981/2011
Buildings
1
Units
1

HighLights

  • Single‑tenant, net‑leased medical office building investment opportunity.
  • 5,771 square foot building occupied by Seventh Direction, an outpatient rehabilitation provider, since 2011.
  • Lease includes a 3% rent increase in February 2025.
  • Financial statements available upon request with a Non‑Disclosure Agreement (NDA).
Property Profile Location Intelligence

Current Use by Public Records

Seventh Direction Addiction Treatment Center Randy Ecker, BS Doctor Daniel Owens Counselor

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Wichita
County
Sedgwick
State
Kansas
Longitude
-97.298954708228
Latitude
37.688996657831

FAQs

What type of property is this?
Medical office - Stabilized medical office investment. High ROI potential.
Where is this medical office located?
The property is located at 212 Hillside St Wichita, KS.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Single-tenant, net-leased medical office building investment opportunity.; 5,771 square foot building occupied by Seventh Direction, an outpatient rehabilitation provider, since 2011.; Lease includes a 3% rent increase in February 2025.
More about this property
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