431 Waco AveWichita, KS 67202

For Lease
$15.25/SF/YR

Prime 2,754 SF Office/Childcare

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2,754-square-foot commercial property, located at 431 N Waco Ave in Wichita, Kansas (zip code 67202), presents a unique investment opportunity. Situated in Sedgwick County's Central Business District, this single-tenant building boasts a spacious 22,767-square-foot lot and is zoned for both office and childcare uses. Originally constructed in 1942, the property underwent a complete renovation in 2022, including the installation of new HVAC units and a 20-year roof coating. The building successfully passed all Kansas state childcare inspections in 2023, making it immediately ready for occupancy. Its convenient downtown location near Central & Waco streets offers excellent visibility and accessibility. The property is available for sale at $350,000. Annual property taxes are $6,069. This turnkey solution is perfect for entrepreneurs seeking a well-maintained space in a thriving urban area. The building's functionality and recent upgrades minimize upfront capital expenditures, allowing for a swift and efficient transition into operations. This is an ideal opportunity for investors or operators looking to capitalize on the growing demand for childcare or office space in downtown Wichita.

Highlights

  • Fenced playground.
  • New HVAC units and system installed in 2022, including rooftop unit and new curb.
  • New ceilings and LED lighting installed in 2022.
  • Insulated ceilings for soundproofing installed in 2022.
  • Refinished VCT flooring in 2022.
  • New roof with 20-year elastomeric coating installed in 2022.

Property Details for 431 Waco Ave

Property type
Day care centers & nurseries, Other retail properties
RSF (Rentable sq. ft)
2,754 SF
Year Built/Renovated
1942/2022
Buildings
1

Unit(s) available at that property

Space
Size
2,754 SF
Rate per SF
$15.25

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6924013
Longitude
-97.3424529
431 Waco Ave, Wichita, Kansas

FAQs

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431 Waco Ave
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