1940 Oliver St Wichita, KS 67218
This exceptional 22,400 square foot property, located at 1940 Oliver in Wichita, Kansas (zip code 67218), presents a unique investment opportunity. Originally built in 1969, this building has served as a thriving pool hall since 1990, boasting over 30 pool tables and various other games. The property is zoned for limited commercial use and offers a single unit priced at $2,000,000, translating to $89.29 per square foot. The building features a convenient loading dock at the rear, complemented by an exterior double door for easy access. A partial kitchen is included, equipped with wash sinks, a refrigerator, and a six-foot refrigerated prep table. Ample parking is available, having undergone resurfacing in 2019. This substantial space, situated in Sedgwick County, presents a blank canvas for a variety of commercial ventures, capitalizing on its existing infrastructure and prime location. The property's history as a popular entertainment venue provides a strong foundation for future success. Serious inquiries are encouraged.
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Coin Machine Distributors Big Box & Wholesale Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.