800 1St StWichita, KS 67202

Property Details for 800 1St St

Lot size

0.04 AC

Property type

Parking lots & garages

APN

087-125-21-0-24-03-004.00

APU

87125210240300400

Description

This exceptional office space, located in the iconic Old Town Center building at 800 E. 1st St. N., offers a unique blend of history and modern convenience. Situated in the heart of Old Town, this property boasts a total of 41,446 square feet, currently featuring 3,270 square feet of vacant space. The building, constructed in 1912, sits on a 0.35-acre lot and is zoned for Limited Industrial use, offering flexibility for various business types. The available space is divided into two attractive suites: Suite 225, encompassing 1,805 square feet, and Suite 300, offering 1,465 square feet. Both suites are ready for immediate occupancy. Tenancy is multiple, allowing for a diverse range of businesses to coexist. A significant advantage is the convenient parking situation: reserved parking is available directly at the building's entrance, supplemented by ample public parking options nearby. This property presents a rare opportunity to establish a presence in the vibrant Old Town area, benefiting from its rich history and thriving community. The building's central location and flexible space options make it ideal for a variety of businesses seeking a prestigious and well-located office environment in Sedgwick County, near the intersection of 1st & Mead.

• CAP approach

  CAP return

  Valuation

  6%

  $394,670

  6.5%

  $364,311

  7%

  $338,289

• Comparable approach

  Method

  Valuation

  Relative Method

  $528,186

  Geo Method

  $528,186

• Alternative Use

  Use

  Valuation

  Residential

  $307,310

  Hospitality

  $281,494

  Educational

  $234,200

  Medical

  $242,255

  Retail

  $364,311

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6884

Longitude

-97.3284

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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