1020 Main StWichita, KS 67203

For Sale
$975,000
11,180 SF Office, 5 Suites, Vacant

Overview

Added:
Dec 11, 2024
Days on market:
126
This 11,180-square-foot, single-story Class B office building in Wichita, Kansas, presents a compelling investment opportunity. Built in 1987 and extensively renovated in 2010, the property features five suites totaling 10,286 net rentable square feet, currently vacant except for two suites occupied by a non-profit organization, SER Corporation, which has federal grant funding. SER Corporation's presence offers potential for a long-term lease or sale. Each suite boasts separate electric meters, with tenants responsible for utilities. Suite A (2,036 SF) includes six private offices, a reception area, and a kitchenette. Suite B (2,064 SF) offers two private offices, a large coworking area, and a conference room. All suites have private bathrooms and kitchenettes, plus access to shared common areas. Recent improvements include a 2019 roof replacement and HVAC unit upgrades within the last seven years. The property includes 33 parking spaces in a fenced lot with a gated entry. Located at 1020 N Main, it's near Park Elementary School, the Breakthrough Clubhouse, and various professional offices, within a mile of county offices and Ascension Via Christi St Francis, and two miles from the downtown core. The 0.6-acre lot is zoned for neighborhood retail. The asking price is $975,000 ($87.21/SF).

Highlights

  • $975,000 asking price for a vacant, 11,180 SF Class B office building in Wichita, KS.
  • Multi-tenant property with five suites, totaling 10,286 square feet of net rentable space, priced at $87.21 per square foot.
  • Located at 1020 N Main, Wichita, KS 67203, on a 0.6-acre lot with 33 parking spaces and a gated entry.
  • Built in 1987 with extensive renovations in 2010; roof replaced in 2019, and four of five HVAC units replaced within the last seven years.
  • Features a non-profit tenant (SER Corporation) with federal grant funding, presenting opportunities for long-term lease or sale; each suite has separately metered electricity.

Property Details for 1020 Main St

Property type
Office properties
Square Feet
11,180 SF
Class
B
Year Renovated
2010
Buildings
1
Stories
1
Lot Size (sq. ft)
26,136 SF
Units
5

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.7013331
Longitude
-97.3377237
1020 Main St, Wichita, Kansas

FAQs

What type of property is this?
Office property - 11,180 SF Office, 5 Suites, Vacant
Where is the office property located?
The property is located at 1020 Main St Wichita, KS.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: $975,000 asking price for a vacant, 11,180 SF Class B office building in Wichita, KS.; Multi-tenant property with five suites, totaling 10,286 square feet of net rentable space, priced at $87.21 per square foot.; Located at 1020 N Main, Wichita, KS 67203, on a 0.6-acre lot with 33 parking spaces and a gated entry.
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1020 Main St
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