3375 47Th St Wichita, KS 67216
Midway Square Shopping Center, located at 3375 E 47th St S in Wichita, Kansas, presents a compelling investment opportunity. This single-story, 19,464 square foot retail center, built in 1960, sits on a 2.45-acre lot and is classified as Class C. The property currently features four suites, with 6,140 square feet of vacant space available for lease, offering spaces ranging from 600 to 3,600 square feet. The center boasts 45 total parking spaces, catering to both tenants and customers. Its zoning is designated as LC. The property's strategic location in Sedgwick County, near the K-15 Highway, benefits from high traffic counts at the intersection of K-15 and 47th Street. Nearby businesses include Kwik Shop, Dollar General, David Liquor, and Spirit Aerosystems, creating a strong commercial environment. This presents a unique chance to acquire a well-situated retail property with significant potential for growth and income generation in a thriving Wichita neighborhood. The property's existing infrastructure and convenient location make it an attractive option for a variety of retail tenants. The available space provides flexibility for various business models, making it an ideal investment for both seasoned investors and newcomers to the commercial real estate market.
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A Loan At Last - Pawn Shop and Gun Shop Discount Store (Bike/Boat/Book/etc) 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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Risks
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