1427 E Central Ave

Wichita, KS 67214

About this property

Great opportunity to own a strip-mall fully rented bringing monthly income in excess of $ 3,000 with potential to expand on next lot sitting vacant and included in the sales price Centrally located on the corner of Mathewson Ave and E Central Ave sturdy brick building fully rented with five tenants (1425 E Central - restaurant, 1423 E Central - liquor shop, 1421 E Central - beauty salon, 1419 E Central - storage and 14191/2 - smoke shop). Monthly gross rental income is $ 3,216.00 modified gross with the prorated rent from the billboard. Lots of improvements like new flat roof in 2020 with 25-year warranty and updated electrical in 2010. As a result of a fire on adjacent building (now demolished) 1419 and 1421 were totally renovated and the sales price includes the now vacant lot.

Features and Additional Information

Schedule a Tour
It's free and no obligation

Schedule a Private Showing

$400,000 Active
4,770 SQFT

Presented By Select Relocation Director

Agent Image
Get in touch today! Phone: 1-918-496-3333
Brokerage
Fiesta Real Estate
1-316-665-4663

Want to See More Listings in the Area?

Listed By BERNARDO FLORES
Brokerage: Fiesta Real Estate

Schedule a Private Showing

It's free and no obligation

Have Questions? Contact
Select Relocation Director

Real Estate Links Our Domains