611 Harry StWichita, KS 67213

Property Details for 611 Harry St

Lot size

0.13 AC

Property type

Retail space

APN

087-128-33-0-21-04-002.00-A

APU

087128330210400200A

Description

This exceptional commercial property, located at 611 W Harry St in Wichita, Kansas, presents a unique investment opportunity. Spanning 1,512 square feet and situated on a 0.39-acre lot, this former neighborhood gas station offers significant versatility. The property features two existing service bays, providing a solid foundation for a variety of potential uses. Its strategic location in Wichita offers excellent visibility and accessibility, making it an attractive option for entrepreneurs and investors alike. The asking price is $179,900. The existing structure provides a substantial starting point for redevelopment or repurposing, minimizing initial construction costs. The ample lot size allows for potential expansion or outdoor storage. This property is ideal for those seeking a flexible commercial space with significant upside potential. Its previous use as a gas station suggests strong historical traffic patterns, making it a prime location for a variety of businesses. The property is ready for its next chapter, offering a blank canvas for a creative and successful venture. Serious inquiries are encouraged to explore the possibilities this property offers. The size and location make it a compelling investment in a thriving Kansas community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,283,019

  6.5%

  $1,184,325

  7%

  $1,099,730

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,717,058

  Geo Method

  $1,717,058

• Alternative Use

  Use

  Valuation

  Residential

  $999,022

  Hospitality

  $915,099

  Educational

  $761,352

  Medical

  $787,536

  Retail

  $1,184,325

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6642

Longitude

-97.331

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].