6200 Central AveWichita, KS 67208

Property Details for 6200 Central Ave

Year built

1979

Construction

CONCRETE BLOCKS

Lot size

1.02 AC

Property size (Sq ft)

16,210 SF

Property type

Retail space

APN

087-126-13-0-44-02-014.00

APU

87126130440201400

Description

This exceptional 16,210-square-foot commercial property, situated on a 1.02-acre lot at the high-traffic intersection of Central and Woodlawn in Wichita, Kansas, presents a remarkable investment opportunity. Currently housing a successful interior design firm, the building offers immediate occupancy with a stunning showroom, well-appointed offices, and a functional warehouse area. The versatile layout allows for a variety of uses, from retail and office space to warehouse operations, and can be easily adapted to suit specific business needs. The property features zoned heating and air conditioning for optimal comfort and efficiency. Upstairs, a spacious office area with a separate entry option provides potential for expansion or additional leasing revenue. Ample parking is available on-site, with over 50 spaces to accommodate employees and customers. This prime location offers excellent visibility and accessibility, making it an ideal choice for businesses seeking a high-profile presence in Wichita. The property's current configuration demonstrates its suitability for a variety of commercial uses, and its flexible design allows for customization to meet the unique requirements of future tenants. Additional warehouse photos are available upon request. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a thriving Wichita location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,121,475

  6.5%

  $3,804,438

  7%

  $3,532,693

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,914,976

  Geo Method

  $4,914,976

• Alternative Use

  Use

  Valuation

  Residential

  $3,209,186

  Hospitality

  $2,939,598

  Educational

  $2,445,710

  Medical

  $2,529,822

  Retail

  $3,804,438

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6944

Longitude

-97.2639

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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