1940 Oliver St Wichita, KS 67218
- Retail properties
- 22,400 SF
Current Use by Public Records
- Coin Machine Distributors / Vending Machine Supplier
Property Details for 1940 Oliver St
- Year built
- 1969
- Property size
- 22,400 SF
- Property type
- Retail properties
Description
This exceptional 22,400 square foot retail property, located at 1940 S Oliver in Wichita, Kansas, presents a unique investment opportunity. Built in 1969, this single-story building sits on a sizable 1.62-acre lot, offering ample space for redevelopment or expansion. Currently, 16,000 square feet are vacant, providing significant potential for a variety of commercial uses. The property's zoning is Limited Commercial, allowing for a range of businesses. The building's history as a former pool hall provides a recognizable landmark in the area, enhancing its visibility and potential for attracting customers. Located near the cross street of Mt Vernon in Sedgwick County, this property benefits from convenient access and high traffic flow. The large lot size offers significant flexibility for future development, parking, or outdoor amenities. This is an ideal opportunity for an entrepreneur looking to establish a new business or for an investor seeking a high-return property with significant upside. The property's size and location make it a prime candidate for a variety of commercial ventures. The existing structure provides a solid foundation for renovation or repurposing, offering considerable cost savings compared to new construction. The 67218 zip code ensures access to a thriving local market. This property is ready for its next chapter.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.2798
- Latitude
- 37.6579
