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749 West St Wichita, KS 67203

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For Sale
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High-traffic, 15,108 SF storefront

Property size:
15,108 SF

Property Features for 749 West St

General Information

Property type
Retail space
Square Feet
15,108 SF
Lot Size
57,499 SF

Building Details

Year Built
1967
Buildings
1
Stories
1

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Listing Contact
John Rupp
John Rupp

Listing Agency: ReeceNichols Wichita Listing Agent: John Rupp

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

This exceptional West Wichita retail investment opportunity boasts 15,108 square feet across eight rentable suites situated on a 1.32-acre lot. The property, built in 1967 and zoned for limited commercial use, enjoys a prime location on West Street, offering high visibility and ample parking. Currently operating at 92% occupancy with a mix of long-term month-to-month tenants on gross leases, this presents a strong value-add opportunity for a new owner to increase rents and secure longer-term leases. One suite is currently vacant and ready for immediate lease. The annual gross potential income is $99,300, with a 5.00% cap rate and an asking price of $1,200,000. The property's history demonstrates higher-than-average occupancy rates due to its size, location, and visibility. Annual property taxes are approximately $17,904.3. A rent roll and pro forma are available upon request. Please note: No showings will be conducted until a Letter of Intent or contract is in place. Do not disturb tenants.
Property Profile Location Intelligence

Current Use by Public Records

Angel Spa Alternative Medicine Practice Douglas S. Bett ... Alternative Medicine Practice

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Wichita
County
Sedgwick
State
Kansas
Longitude
-97.3901418
Latitude
37.6966705

FAQs

What type of property is this?
Retail space - High-traffic, 15,108 SF storefront
Where is this retail space located?
The property is located at 749 West St Wichita, KS.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: $1,200,000 asking price for this Wichita, KS retail investment property.; 15,108 square foot storefront building on a 1.32-acre lot.; 5.00% cap rate with a gross lease structure and 92% occupancy.
(316) 260-5900 Call to check price and availability
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