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Blog 316-529-3100 team@langere.com

749 N West Wichita KS 67203-0000

$1,200,000 Price 15,108 sq. ft.

West Wichita Retail Investment Property! HIGH TRAFFIC AREA & FRONTAGE, HIGH VISIBILITY, AMPLE PARKING. This quality investment property is comprised of 8 rentable suites in a well sought out area along West St. The majority of the suites are occupied on gross leases with long term month to month tenants adding value for the next owner to increase rents with longer term leases. The sizes of these suites along with the location and visibility has provided the owner with a history of higher occupancy rates. Currently one suite is available as the owner was using for their own use and is ready to be leased. The annual gross potential income is $99,300.00. The total lot size is approximately 1.32 acres. The total building size is approximately 15,108 SF. The property is zoned Limited Commercial. We are showing the taxes at approximately $17,904.3. The building was built in 1967. Rent roll and pro forma available upon request. Please DO NOT DISTURB TENANTS! No showings until we have come to an agreement in LOI or contract form.

Listed by Reece Nichols South Central Kansas

At a Glance

Status
Active
MLS ID
610908
Type
Retail
Year Built
1967
Lot
1.32 acres
Neighborhood
None Listed On TaX Record
County
Sedgwick
Area
303

Location

Wichita 67203-0000 None Listed On TaX Record 749 N West

Property Details

Exterior Details
Loading Dock
None
Location
Corner Lot, Freestanding, Mixed Use
Misc. Features
None
Parking
None
Rail
None
Roof
Asphalt, Flat Roof
Sidewall Height
Less than 10 Ft
Interior Details
Cooling
Central Air, Electric
Flood Insurance
Unknown
Floors
Other/See Remarks
Heating
Forced Air, Gas
Sq. Ft. Max Contiguous
15108
Sq. Ft. Min Available
15108
Sq. Ft. Vacant
15108
Property Details
Current Use
Varies
Electrical
220 Volt
Invest Package Available
No
Owner Paid Expenses
Other/See Remarks
Ownership
Corporate
Property Taxes
17897.49
Sale or Lease
Sale
Tax Year
2021
Tenant Paid Expenses
Other/See Remarks
Terms of Lease
5 Years or Less, Month to Month
Value Improved
0
Zoning
Limited Comm

The information being provided is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©1993-2021 South Central Kansas MLS. All rights reserved.