5723 Broadway St Wichita, KS 67216
This exceptional 7,476 square foot property in Wichita, Kansas, presents a unique investment opportunity. Situated on a 1.35-acre lot (APN 00485084), this 2022-built single-story warehouse boasts a versatile layout ideal for both business and residential use. The property includes a 1,200 square foot, two-bedroom, one-bathroom residence, offering convenient on-site living. A fully unfinished 1,200 square foot basement provides ample space for expansion or customization. Two separate shops, measuring 72x40 and 50x42 feet respectively, are equipped with two 12x18 overhead doors each. These shops feature 14-foot ceilings, concrete floors, and complete electrical installations. One shop is conveniently attached to the residence. The main lot is fenced, providing security and privacy. The asking price is $475,000, translating to $66.88 per square foot. This property is zoned for retail and industrial use, offering significant potential for a variety of businesses. The address is 5723 S Broadway Ave, Wichita, KS 67216. This is a rare combination of residential comfort and substantial commercial space, making it an attractive proposition for owner-operators or investors seeking a high-return asset.
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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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.