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    500 Central Ave Wichita, KS 67214

    Sponsored
    For Lease
    $12 SF/Yr

    Fully furnished, high-visibility restaurant

    Lot size:
    2,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 2,000 sq. ft. fully furnished restaurant in Sedgwick County is available for lease. Centrally located on Central, it boasts high visibility and convenient parking in a private lot with over 20 spaces. The space is ideal for a seamless transition into operation, featuring an open dining room with seating for up to 100 patrons, a front counter serving station, and a fully equipped kitchen. Kitchen amenities include a vented hood, industrial dishwasher, hand sink, triple sink, and ample prep tables. Two ADA-compliant bathrooms are also included. The tenant is responsible for utilities. This exceptional location offers unparalleled access to a thriving community, surrounded by notable establishments such as the Nifty Nut House, AAA Restaurant Supply, Downtown YMCA, Old Town Wichita, St. Mary’s Cathedral, Envision Headquarters, City Building, County Courthouse, Ascension, and Via Christi Hospital, ensuring a high volume of potential customers. The single-tenant occupancy provides a unique opportunity for a restaurant operator seeking a turnkey solution in a prime location. This property presents a rare chance to establish or relocate a restaurant business in a highly desirable and well-established area.

    Property Features for 500 Central Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,000 SF

    Unit(s) available at that property

    Space
    Size
    2,000 SF
    Rate per SF
    $12

    HighLights

    • 2,000 sq. ft. single‑tenant restaurant space for lease in Sedgwick County.
    • Tenant pays utilities.
    • High‑visibility location on Central with ample parking (20+ spaces).
    • Fully furnished with open dining area, full kitchen (vented hood), two ADA bathrooms, and seating for 100.
    • Excellent location near numerous amenities including Old Town Wichita and major medical facilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -97.3327738
    Latitude
    37.6936821

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    FAQs

    What type of property is this?
    Restaurant - Fully furnished, high-visibility restaurant
    Where is this restaurant located?
    The property is located at 500 Central Ave Wichita, KS.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: 2,000 sq. ft. single-tenant restaurant space for lease in Sedgwick County.; Tenant pays utilities.; High-visibility location on Central with ample parking (20+ spaces).
    Request Owner's contact information
    500 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
    500 Central Ave Wichita, KS 67214
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