Property summary
This exceptional 2,754-square-foot commercial property, located at 431 N Waco Ave in Wichita, Kansas (zip code 67202), presents a unique investment opportunity. Situated in Sedgwick County's Central Business District, this single-tenant building boasts a spacious 22,767-square-foot lot and is zoned for both office and childcare uses. Originally constructed in 1942, the property underwent a complete renovation in 2022, including the installation of new HVAC units and a 20-year roof coating. The building successfully passed all Kansas state childcare inspections in 2023, making it immediately ready for occupancy. Its convenient downtown location near Central & Waco streets offers excellent visibility and accessibility. The property is available for sale at $350,000. Annual property taxes are $6,069. This turnkey solution is perfect for entrepreneurs seeking a well-maintained space in a thriving urban area. The building's functionality and recent upgrades minimize upfront capital expenditures, allowing for a swift and efficient transition into operations. This is an ideal opportunity for investors or operators looking to capitalize on the growing demand for childcare or office space in downtown Wichita.
Property profile
VerifiedCap rate & NOI
Current use
-
Daycare Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight