120 Ida StWichita, KS 67211

Property Details for 120 Ida St

Year built

1946

Construction

FRAME

Lot size

0.16 AC

Property size (Sq ft)

6,000 SF

Property type

Office buildings

APN

087-125-21-0-42-02-006.00-B

APU

087125210420200600B

Description

This exceptional 13,014-square-foot office building is ideally situated in Wichita's Central Business District (CBD), at 120 S Ida St, zip code 67211. The property boasts a generous 20,433-square-foot lot and is zoned CBD, offering excellent visibility and accessibility. The building features approximately 15 individual offices and 4 conference rooms, providing ample space for a variety of business needs. A large break room is included for employee convenience. In addition to the traditional office space, the property includes valuable warehouse storage and a warehouse garage, offering versatile options for inventory or equipment. Multiple workstations are already in place, ready for immediate occupancy. Adequate parking is available for tenants and visitors. This location offers unparalleled convenience, with close proximity to a vibrant array of businesses and amenities. Nearby establishments include Emerson Biggin's, Great Clips, The Kitchen, Meddys, Five Guys, Quik-Trip, The Anchor, ABC Supply Co, Intrust Bank Arena, The Spice Merchant, Gerber Collision, Playa Azul, Mort's Cigar Bar, and many more. The building's strategic location south of Douglas Ave and east of Ida Ave ensures high visibility and easy access for clients and employees. This is a rare opportunity to secure a well-appointed, centrally located office building in a thriving Wichita neighborhood. The property is available for multiple tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $924,742

  6.5%

  $853,608

  7%

  $792,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $721,920

  Geo Method

  $721,920

• Alternative Use

  Use

  Valuation

  Residential

  $1,058,473

  Hospitality

  $969,556

  Educational

  $806,659

  Medical

  $834,401

  Retail

  $1,254,803

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6854

Longitude

-97.3247

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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