500 Central Ave Wichita, KS 67202-1060
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.
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.