1812 Seneca StWichita, KS 67213

Property Details for 1812 Seneca St

Year built

2007

Lot size

0.85 AC

Property size (Sq ft)

9,660 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

087-129-32-0-22-04-024.01

APU

87129320220402401

Description

This exceptional retail opportunity is located at 1812 S Seneca St, Wichita, Kansas, 67213, in Sedgwick County. The property offers 1,970 square feet of readily available space within a multi-tenant building. Enjoy excellent access and high visibility from a prime location. Current building tenants include Grene Vision, Tuscan Salon and Studios, and Great Wall, creating a strong and diverse tenant mix. This space is ideal for a variety of retail businesses seeking a vibrant and established commercial area. The property benefits from its proximity to Kellogg, ensuring convenient access for customers and employees. A tenant allowance is available for qualified tenants, making this an even more attractive proposition. The property is classified as retail with multiple tenancies. Interested parties should inquire about lease terms and conditions. This is a fantastic chance to establish or expand your business in a thriving Wichita neighborhood. The property's location offers significant advantages for attracting customers and building a successful enterprise. Don't miss this opportunity to secure a prime retail space in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $2,188,586

  6.5%

  $2,020,233

  7%

  $1,875,931

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,928,974

  Geo Method

  $2,928,974

• Alternative Use

  Use

  Valuation

  Residential

  $1,704,142

  Hospitality

  $1,560,985

  Educational

  $1,298,721

  Medical

  $1,343,386

  Retail

  $2,020,233

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6612

Longitude

-97.3522

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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