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501-507 S St. Francis St Wichita KS 67202

$1,024,160 Price 12,082 sq. ft. $84 / sq. ft.

For Sale! Downtown Wichita, KS Commercial Building Near Intrust Bank Arena. Located in the heart of the downtown Wichita metro area, this property has a variety of potential uses for the next owner. The property is currently used for a mixed use investment property with a combination of owner used space and multiple leased out units. The location is south of Intrust Bank Arena and just to the west of the Commerce Street Art District. The diversity of the this area in the core of the city provides for multiple uses for an owner user or real estate investor. There are two areas of the building that are being used for auto related businesses and the third space is occupied for a dance studio. The building has five overhead doors with four of the overhead doors being oversized. The South space also has a paint booth that can be negotiated with the sale of the real estate. The continued activity of downtown Wichita makes this area attractive for continued redevelopment and investment in quality real estate.

Listed by Reece Nichols South Central Kansas

At a Glance

Status
Active
MLS ID
596405
Type
Commercial Service
Year Built
1958
Lot
0.48 acres
Neighborhood
English 5th
County
Sedgwick
Area
501

Location

Wichita 67202 English 5th 501-507 S St. Francis St

Property Details

Exterior Details
Loading Dock
None
Location
Central Business District
Misc. Features
None
Parking
4 or More, 10 Ft Clearance, 12 Ft or More Clearance, 10 Ft Wide, 12 Ft or More Wide
Rail
None
Roof
Flat Roof
Sidewall Height
11 Ft to 13 Ft, 14 Ft to 16 Ft, 17 Ft to 20 Ft
Interior Details
Cooling
Central Air, Electric
Flood Insurance
Unknown
Floors
Concrete Slab, Other/See Remarks
Heating
Forced Air, Gas
Sq. Ft. Max Contiguous
0
Sq. Ft. Min Available
12082
Sq. Ft. Vacant
0
Property Details
Current Use
mixed use
Electrical
220 Volt, 440 Volt
Invest Package Available
No
Owner Paid Expenses
None
Ownership
Individual
Property Taxes
7389.42
Tax Year
2020
Tenant Paid Expenses
External Building Repairs, Electricity, Gas, Internal Building Repairs, Janitorial, Mechanical Repairs, Personal Property Tax, Property Insurance, Real Estate Tax, Sewer, Site Maintenance, Trash, Water
Terms of Lease
No Leases
Value Improved
No
Zoning
Central Bus Dis

The information being provided is provided exclusively for consumers’ personal, non-commercial use, and that it may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy, is not guaranteed and may not reflect all real estate activity in the market. ©1993-2021 South Central Kansas MLS. All rights reserved.