Old Town Redevelopment Opportunity

Industrial for Sale
Catylist Listing ID: 30652602
Building Size (RSF): 9,532 SF
Gross Land Area: 32,108 SF
Sale Price: $1,100,000
Unit Price: $115.40 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 10/26/2020

Overview / Comments

This 9,532 SF building lends itself to multiple potential uses with its exceptional Downtown Wichita location, the building’s open/versatile floor plan, and its tremendous amount of door-side parking. The property is surrounded by local and national retail/restaurant users, office users, industrial users and a number multifamily apartment complexes. The 8 overhead glass doors are not only ideal for an industrial user, they also create a modern feel for a restaurant, bar/club, or an upscale office redevelopment.

- 9,532 SF - Former Automotive Brick Building
- 32,108 SF Site Area
- 8 Overhead Doors, Ranging From 14’ x 12’ – 10’ x 9’ (HxW)
- Gated Parking With 33 Designated Stalls
- Fenced Gravel Exterior Storage or Additional Parking - roughly 13,500 SF
- 17’ Ceiling Height
- 3 Phase Electric
- Open Layout
- Central Business District Zoning
- Strong Redevelopment Opportunity

Attachments & Media

Additional Details

Nearest MSA: Wichita
County: Sedgwick
Tax ID/APN: 087125210130600300A
Zoning: CENTRAL BUSINESS ZONING
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,699 134,323 260,030
Median Age: 32 32.68 34.1
Households: 4,018 54,887 105,930

Contact

Photograph of Listing Agent

Trent Garman

NAI Martens
KSCRE Member
Photograph of Listing Agent

Jeff Englert

NAI Martens KSCRE Member
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