1050 Broadway Ave Wichita, KS 67214
This exceptional 4,101 square foot free-standing quick-service restaurant building is available for purchase at $425,000. Located at 1050 N. Broadway Ave in Wichita, Kansas (zip code 67214), this single-story, 2011-built Class B property sits on a 1.03-acre lot with ample parking (40+ spaces). The property features a dual-lane drive-thru, a large dining area, a walk-in cooler, and a walk-in freezer. Excellent visibility is ensured by available pole signage. The building boasts significant frontage on Broadway Avenue (166' x 300' depth). Its strategic location near St. Francis Hospital, Burger King, and other retail establishments guarantees high traffic and visibility. The property is zoned LC. The 2023 property taxes totaled $31,535.66 ($31,524.99 general + $10.67 special). This is a fantastic opportunity for an owner-operator or investor seeking a well-established location in a thriving area of Wichita. The property is being sold as-is.
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.