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    5231 Central Ave Wichita, KS 67208

    For Lease
    $12 SF/Yr ($7,000 /Mo)

    Prime Wichita location, two suites available

    Lot size:
    7,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 7,000 square foot retail and office property, situated at 5231 E Central Ave in Wichita, Kansas, offers two immediately available suites within the well-established Crown Heights area. The property is conveniently located on Central Avenue between Oliver and Edgemoor, benefiting from high visibility and significant drive-by traffic. Suite A, measuring 1,210 square feet, boasts a high-quality kitchen equipped with Type 1 and Type 2 hoods, a walk-in cooler, a bathroom, and a small office. This space is ideally suited for a food-to-go operation, ghost kitchen, or catering business. Suite F, spanning 1,486 square feet, presents a move-in-ready office or retail space featuring a reception/check-in area, a dedicated conference room, and individual offices. Both suites are located within Central Plaza, a thriving shopping center in Sedgwick County, Kansas (zip code 67208). This property presents a unique opportunity for businesses seeking a high-traffic location in a well-established commercial area. The property is categorized as multi-tenant and offers a combined total of 7,000 square feet of space.

    Property Features for 5231 Central Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,000 SF
    Total Rate
    7000

    Unit(s) available at that property

    Space
    Suite F
    Size
    1,210 SF
    Rate per SF
    $14
    Space
    Suite A
    Size
    1,486 SF
    Rate per SF
    $14

    HighLights

    • 7,000 SF retail/office property at 5231 E Central Ave, Wichita, KS.
    • High‑visibility location on Central Ave between Oliver and Edgemoor, in the Crown Heights area.
    • Two available suites: Suite A (1,210 SF) with commercial kitchen ideal for food service, and Suite F (1,486 SF) move‑in ready office/retail space.
    • Located in Central Plaza shopping center, Sedgwick County, KS (67208).
    • Multi‑tenant building.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Grene Vision Group Optometrist The Health Connection Health And Beauty Shop Central Plaza Business Center Amazon Counter - The Health ... Shipping And Mailing Service rose garden spa Massage Spa

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -97.275076611463
    Latitude
    37.693736320068

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    FAQs

    What type of property is this?
    Retail property - Prime Wichita location, two suites available
    Where is this retail property located?
    The property is located at 5231 Central Ave Wichita, KS.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 7,000 SF retail/office property at 5231 E Central Ave, Wichita, KS.; High-visibility location on Central Ave between Oliver and Edgemoor, in the Crown Heights area.; Two available suites: Suite A (1,210 SF) with commercial kitchen ideal for food service, and Suite F (1,486 SF) move-in ready office/retail space.
    Request Owner's contact information
    5231 Central Ave Wichita, KS 67208
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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
    5231 Central Ave Wichita, KS 67208
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