1940 Oliver StWichita, KS 67218

For Lease
$24,000/SF/YR

Former pool hall, large space, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 22,400 square foot retail property, located at 1940 S Oliver in Wichita, Kansas, presents a unique investment opportunity. Built in 1969, this single-story building sits on a sizable 1.62-acre lot, offering ample space for redevelopment or expansion. Currently, 16,000 square feet are vacant, providing significant potential for a variety of commercial uses. The property's zoning is Limited Commercial, allowing for a range of businesses. The building's history as a former pool hall provides a recognizable landmark in the area, enhancing its visibility and potential for attracting customers. Located near the cross street of Mt Vernon in Sedgwick County, this property benefits from convenient access and high traffic flow. The large lot size offers significant flexibility for future development, parking, or outdoor amenities. This is an ideal opportunity for an entrepreneur looking to establish a new business or for an investor seeking a high-return property with significant upside. The property's size and location make it a prime candidate for a variety of commercial ventures. The existing structure provides a solid foundation for renovation or repurposing, offering considerable cost savings compared to new construction. The 67218 zip code ensures access to a thriving local market. This property is ready for its next chapter.

Highlights

  • 22,400 SF retail building on a 1.62-acre lot in Wichita, KS.
  • 16,000 SF vacant space available for lease or redevelopment.
  • Features a partial kitchen with wash sinks, refrigerator, and prep table.
  • Includes a dock-high door and an outside double door.
  • Ample parking resurfaced in 2019.

Property Details for 1940 Oliver St

Property type
Other retail properties, Retail properties
RSF (Rentable sq. ft)
22,400 SF
Year Built
1969
Buildings
1
Stories
1

Unit(s) available at that property

Space
Available Space
Size
22,400 SF
Rate per SF
$24,000

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6579205
Longitude
-97.2798277
1940 Oliver St, Wichita, Kansas

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1940 Oliver St
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