401-407 Waco AveWichita, KS 67202

For Sale
$800,000

Prime Wichita location, great income potential.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 4,000 square foot office building, constructed in 2008, is situated on a 0.48-acre lot in Wichita's Central Business District (CBD), offering convenient access to US 54 Highway. The property boasts a diverse zoning designation (CBD) and includes convenient on-site parking. Currently, a portion of the building (1,000 square feet) is leased to Brightstar Care, providing immediate income for an owner-occupier. The building's versatile design accommodates various office uses, including executive, medical, and traditional office spaces. The asking price is $800,000. 2023 property taxes totaled $18,022.03 ($18,014.92 general taxes and $7.11 special taxes). This presents a compelling investment opportunity for those seeking a centrally located property with existing income and significant upside potential. The building's adaptable layout and prime location make it an ideal choice for owner-users or investors seeking a strong return on investment in the thriving Wichita market.

Highlights

  • Sale Price: $800,000
  • Building Size: 4,000 square feet
  • Lot Size: 0.48 acres
  • Year Built: 2008
  • Zoning: CBD
  • 2023 Property Taxes: $18,014.92 (General) + $7.11 (Special)

Property Details for 401-407 Waco Ave

Property type
Other office properties, Medical offices
Square Feet
4,000 SF
Year Built
2008
Lot Size (sq. ft)
20,909 SF

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.691681576071
Longitude
-97.342500943178
401-407 Waco Ave, Wichita, Kansas

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401-407 Waco Ave
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