1101 E Central Ave Wichita, KS 67214
For Sale
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This exceptional 6,930 square foot flex building, situated on a 12,914 square foot lot in Wichita, Kansas, presents a unique owner-user opportunity. Built in 1965, this single-story structure boasts a highly visible hard corner location at 1101 E Central Ave, 67214, within Sedgwick County. The property is zoned for limited commercial use and offers multiple layout options, making it adaptable to a variety of businesses. The building features 12-foot overhead doors and includes an adjacent fenced lot, providing ample space for storage or outdoor operations. The space is currently divided into two leasable suites: Suite 1 (2,128 SF) with a monthly rent of $1,000 and Suite 2 (4,802 SF) with a monthly rent of $4,500. Both suites can be leased separately or together for a combined rent of $5,500 per month under a modified gross lease. The property is available for occupancy on October 30, 2024, and is offered at an asking price of $595,000. Its prime location ensures high visibility and accessibility, making it an ideal investment for businesses seeking a versatile and strategically located space.
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Desert Steel Artist Landscaping Supply Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.