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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

3375 47Th St Wichita, KS 67216

19,464 SF 2.45 ac lot Built 1960
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1960
Total area 19,464 SF
Lot 2.45 ac (106,722 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • A Loan At Last - Pawn Shop and Gun Shop Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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