125 Hydraulic AveWichita, KS 67211

For Sale
$799,000

Wichita, KS Shopping Center - Value Add

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 6-unit shopping center, located at 125-141 S Hydraulic Ave in Wichita, Kansas (zip code 67211), presents a compelling value-add investment opportunity. The property boasts 6,555 square feet of net rentable space, situated on a 0.716-acre lot within the CBD zoning district. Built in 1973, this single-story, Class B retail center features separately metered units, ensuring efficient utility management for tenants. The property is professionally managed and currently shows no deferred maintenance. Its prime location, just one block south of the vibrant Douglas Design District, offers excellent visibility and accessibility. Financial reports and a rent roll are available for qualified buyers upon request. The asking price is $799,000, translating to $121.89 per square foot. This is a gross lease property. This investment opportunity is ideal for those seeking a well-maintained, established retail center with significant upside potential in a thriving Wichita neighborhood. The property is comprised of one building.

Highlights

  • Hyde Park Retail Center, a 6-unit shopping center, is available for sale.
  • This professionally managed, 6-unit commercial property shows no deferred maintenance.
  • The property features separately metered units.
  • Located one block south of the Douglas Design District in Wichita, Kansas.
  • Financial statements and rent roll available to qualified buyers upon request.

Property Details for 125 Hydraulic Ave

Property type
Lifestyle centers, Power centers
Square Feet
6,555 SF
Class
B
Year Built
1973
Buildings
1
Stories
1
Lot Size (sq. ft)
31,189 SF
Units
6

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.685216273435
Longitude
-97.317487555144
125 Hydraulic Ave, Wichita, Kansas

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125 Hydraulic Ave
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