431 Waco Ave Wichita, KS 67202

This exceptional 2,754-square-foot commercial property, located at 431 N Waco Ave in Wichita, Kansas's Central Business District, presents a unique investment or lease opportunity. Built in 1942 and extensively renovated in 2022, this single-building property sits on a 22,767-square-foot lot and is zoned for a variety of uses, including daycare, storefront retail, and traditional office space. The 2022 renovation included a complete overhaul, featuring new HVAC units and a 20-year roof coating. Interior improvements are equally impressive, boasting new ceilings with LED lighting, refinished VCT flooring, fresh paint and interior finishes, and insulated ceilings for superior sound mitigation. A new fire alarm system, monitored for active daycare use, and a security alarm are also in place. The property successfully passed all Kansas state daycare inspections in 2023. Exterior features include a fenced-in playground. The asking price is $350,000, and lease options are available at $3,500 per month plus NNN. Seller financing may be available. This property offers a rare blend of historical charm and modern functionality, making it an attractive prospect for both investors and business owners seeking a prime location in downtown Wichita.