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Property profile & analytics

500 Central Ave Wichita, KS 67214

  • Turn key restaurants
  • 2,000 SF
  • 0.05 lot acres
Value Estimation
$345,000
Last Sale
Jun 28, 2024
Location Intelligence
Property ID
US33-0202545
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Turn key restaurants

Property Details for 500 Central Ave

Year built
1950
Construction
CONCRETE BLOCKS
Lot size
0.05 lot acres
Property size
2,000 SF
Property type
Turn key restaurants
APN
087-125-16-0-33-10-005.00-C
APU
087125160331000500C

Description

This 2,000 sq. ft. fully furnished restaurant in Sedgwick County is available for lease. Centrally located on Central, it boasts high visibility and convenient parking in a private lot with over 20 spaces. The space is ideal for a seamless transition into operation, featuring an open dining room with seating for up to 100 patrons, a front counter serving station, and a fully equipped kitchen. Kitchen amenities include a vented hood, industrial dishwasher, hand sink, triple sink, and ample prep tables. Two ADA-compliant bathrooms are also included. The tenant is responsible for utilities. This exceptional location offers unparalleled access to a thriving community, surrounded by notable establishments such as the Nifty Nut House, AAA Restaurant Supply, Downtown YMCA, Old Town Wichita, St. Mary’s Cathedral, Envision Headquarters, City Building, County Courthouse, Ascension, and Via Christi Hospital, ensuring a high volume of potential customers. The single-tenant occupancy provides a unique opportunity for a restaurant operator seeking a turnkey solution in a prime location. This property presents a rare chance to establish or relocate a restaurant business in a highly desirable and well-established area.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Wichita
County
Sedgwick
State
Kansas
Longitude
-97.3328
Latitude
37.6937
CBSA code
48620
CBSA name
WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,930
$2,350
$16,168
$18,518
-
$9,400
$64,670
$74,070
More about this property
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