2312 Meridian AveWichita, KS 67213

Property Details for 2312 Meridian Ave

Year built

1986

Construction

FRAME

Lot size

0.45 AC

Property size (Sq ft)

4,200 SF

Property type

Office buildings

APN

087-129-31-0-33-06-003.00-A

APU

087129310330600300A

Description

This exceptional retail opportunity in Wichita, Kansas, presents multiple spaces for lease within the Pawnee Business Park. Located at 2312 S Meridian Ave, Wichita, KS 67213, this property offers a variety of sizes to suit diverse business needs. Currently, four units are available, ranging from 600 to 1,050 square feet. Two units, located at 2312 S. Meridian, offer 600 square feet of open floorplan space each, leasing for $550 per month. Two additional units are situated at 2312 W. Pawnee. One unit, at 1,050 square feet, features an open reception area with smaller offices and leases for $875 per month. The other, a 1,000 square foot space, boasts an open floorplan with two closets, also leasing for $875 per month. All units are situated in Sedgwick County and provide convenient access to Wichita's thriving commercial district. This is an ideal location for businesses seeking flexible, well-priced retail space in a highly accessible area. The property is categorized as multi-tenant retail space. Contact us today to schedule a viewing and secure your ideal space.

• CAP approach

  CAP return

  Valuation

  6%

  $647,319

  6.5%

  $597,525

  7%

  $554,845

• Comparable approach

  Method

  Valuation

  Relative Method

  $505,344

  Geo Method

  $505,344

• Alternative Use

  Use

  Valuation

  Residential

  $740,931

  Hospitality

  $678,689

  Educational

  $564,661

  Medical

  $584,081

  Retail

  $878,362

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6523

Longitude

-97.3702

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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