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    430 Central Ave Wichita, KS 67214

    Sponsored
    For Sale
    $500,000

    Prime storefront, leaseback option, high visibility.

    Property size:
    7,126 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,126 square foot storefront, located at 430 E Central Ave in Wichita, Kansas, presents a unique investment opportunity. Priced at $500,000 ($70.17/sq ft), this property boasts a highly visible hard corner location with excellent retail frontage. Built in 1948, the single-story building sits on a 10,956 square foot lot and is zoned for Limited Industrial use, offering flexibility for a variety of businesses. The property features an overhead door, a characteristic often sought after in flex buildings. The current owner is offering a leaseback arrangement, providing a steady income stream for the new owner. The building is available for occupancy on October 27, 2023. Its central location in Wichita, Sedgwick County, zip code 67214 (37.6937026, -97.3332317), ensures high traffic and exposure. This is a rare chance to acquire a well-situated, established retail space with significant upside potential. The leaseback opportunity minimizes vacancy risk and provides immediate cash flow. Don't miss this chance to own a piece of downtown Wichita.

    Property Features for 430 Central Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,126 SF

    Building Details

    Year Built
    1948
    Buildings
    1
    Stories
    1

    HighLights

    • Leaseback opportunity available.
    • Business relocating; ideal for owner‑occupant or investor.
    • Flexible‑use building suitable for various businesses.
    • Prime central location with excellent accessibility.
    • Loading dock with overhead door.
    • Retail storefront with street frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    Baysingers Uniforms and Equipment Uniform Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3332317
    Latitude
    37.6937026

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    FAQs

    What type of property is this?
    Individual retail property - Prime storefront, leaseback option, high visibility.
    Where is this individual retail property located?
    The property is located at 430 Central Ave Wichita, KS.
    What is the asking price?
    The asking price for this property is $500,000.
    What are key features of this property?
    This property features: Leaseback opportunity available.; Business relocating; ideal for owner-occupant or investor.; Flexible-use building suitable for various businesses.
    Request Owner's contact information
    430 Central Ave Wichita, KS 67214
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    Realmo Value Estimation

    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.

    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.

    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
    430 Central Ave Wichita, KS 67214
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