Wichita, KS 67202,501-507 S St. Francis St
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Wichita, KS 67202,501-507 S St. Francis St
Wichita, KS 67202,501-507 S St. Francis St
Wichita, KS 67202,501-507 S St. Francis St
Wichita, KS 67202,501-507 S St. Francis St
Listed by John Rupp • Reece Nichols South Central Kansas

$950,000

Est. payment /mo

$1,024,160

7.2%
Est.Price: ?

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501-507 S St. Francis St Wichita, KS 67202

0.48 Acres Lot

SOLD DATE : 04/28/2022

Key Details

Sold Price $950,000

Property Type Commercial

Sub Type Commercial Service

Listing Status Sold

Purchase Type For Sale

Subdivision English 5Th

MLS Listing ID SCK596405

Sold Date 04/28/22

Originating Board sckansas

Year Built 1958

Annual Tax Amount $7,068

Tax Year 2021

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Commercial Service

Property Description

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.

Location

State KS

County Sedgwick

Area 12082

Zoning Central Bus Dis

Direction Property is located at the SW/c of S. St. Francis St. & E. Lewis St.

Interior

Heating Forced Air, Gas

Cooling Central Air, Electric

Flooring Concrete Slab, Other - See Remarks

Fireplace No

Heat Source Forced Air, Gas

Exterior

Garage Description Parking Lot, Street Parking, Paved

Utilities Available Gas, Electric, City Water, City Sewer

View Y/N Yes

Roof Type Flat

Street Surface City Arterial

Building

Story 1

Structure Type Brick Full

Others

Acceptable Financing No Lease

Listing Terms No Lease

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agent

Jennifer Timmermeyer

Agent | License ID: 00247957

+1(316) 570-2636

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