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Property profile & analytics
FOR LEASE
Strip malls

610 S Oliver Ave Wichita, KS 67218

5,140 SF 0.59 ac lot Built 1950
Entity Owned Absentee Owner Free & Clear
Property ID
US33-0172331
Property summary
AI-generated overview

This exceptional 5,140 square foot commercial property, located at 610 S Oliver Ave in Wichita, Kansas, 67218, presents a unique opportunity for businesses seeking a versatile space. The building, constructed in 1950 and recently remodeled, features a single-story design with a traditional office subtype. The property is zoned for limited commercial use and is ideal for multiple tenants. The building itself comprises 5,140 square feet of usable space, offering ample room for various business needs. There are no elevators in this single-story building. For businesses requiring tenant improvements, the landlord is willing to provide a standard build-out for unfinished areas, making it an attractive option for customization. This prime location in Wichita offers excellent visibility and accessibility, making it an ideal choice for a variety of businesses. The property's convenient address and ample square footage make it a highly desirable commercial space in a thriving Kansas market. Interested parties are encouraged to inquire further to explore the possibilities this property offers. The property is categorized as both retail and office space, providing flexibility for potential tenants.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1950
Construction FRAME
Total area 5,140 SF
Lot 0.59 ac (25,700 SF)
APN 087-127-25-0-22-06-033.00-A
UPID US33-0172331
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
  • JJs Burrito Bless Restaurant
  • Elite Electronics LLC Computer & Electronic Repair Tech Support Center
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
SANDSTONE APARTMENTS LLC
SANDSTONE APARTMENTS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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