Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4900 Lincoln St Wichita, KS 67218

    For Sale
    $900,000

    Wichita, KS Retail Investment

    Property size:
    8,670 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Wichita, Kansas retail investment opportunity encompasses a fully leased, 8,670 square foot center situated on a 0.82-acre lot. The property, comprised of two buildings, boasts a diverse tenancy including an auto shop, bar, and restaurant, ensuring consistent income. Built in 1970, 4930 E. Lincoln underwent a significant renovation in 2023, featuring a new roof, updated HVAC system, new overhead doors, and plumbing upgrades. The property currently enjoys 100% occupancy, generating a Net Operating Income (NOI) of $77,232, representing an attractive 8.6% capitalization rate. The asking price is $900,000, with seller financing available requiring a 12% down payment. The property is zoned LC and features a gross lease structure. 2023 property taxes totaled $5,438.11. Financial details are available upon request. This is a prime opportunity for investors seeking a stable, high-performing retail asset in a desirable Wichita location.

    Property Features for 4900 Lincoln St

    General Information

    Property type
    Restaurants
    Square Feet
    8,670 SF
    Class
    C
    Lot Size
    35,719 SF

    Building Details

    Year Built
    1970
    Buildings
    2

    HighLights

    • Sale Price: $900,000
    • Building Size: 8,670 square feet
    • Lot Size: 0.82 acres
    • Occupancy: 100% Occupied
    • Year Built: 1970
    • Zoning: LC
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Disco Tienda Tovar Music Store Carnicería El Güero ... Butcher Shop Barri Agent Money Transfer Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.278556964656
    Latitude
    37.672220992098

    Nearby Similar for Sale

    • Contact for pricing
      3,236 SF

      Riverside Quadplex Investment Opportunity

      Quadplex in desirable Riverside area with strong rental potential.
      906 N Spaulding Ave, Wichita, KS 67203
      View Details
    • New
      Contact for pricing
      Pending

      Wichita Quadplex Investment Opportunity

      Four-unit property with income potential in south Wichita.
      1302 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      Pending

      Wichita Quadplex Investment Opportunity

      Four 3-bedroom units with income potential in Wichita, Kansas.
      1206 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      Pending

      South Wichita Quadplex Investment Opportunity

      Four 2-bedroom, 1-bathroom units with income potential.
      1216 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      Pending

      Wichita Quadplex Investment Opportunity

      Four units with income potential in south Wichita.
      1224 E Selma St, Wichita, KS 67216
      View Details
    • New
      Contact for pricing
      Pending

      Wichita Quadplex: Investment Opportunity

      Quadplex with four units near W. 13th Street.
      1224 N Waco Ave, Wichita, KS 67203
      View Details

    FAQs

    What type of property is this?
    Restaurant - Wichita, KS Retail Investment
    Where is this restaurant located?
    The property is located at 4900 Lincoln St Wichita, KS.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: Sale Price: $900,000; Building Size: 8,670 square feet; Lot Size: 0.82 acres
    Request Owner's contact information
    4900 Lincoln St Wichita, KS 67218
    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.
    4900 Lincoln St
    Wichita, KS 67218
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4900 Lincoln St Wichita, KS 67218
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.