FORMER POOL HALL | 1940 S Oliver St
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FORMER POOL HALL 1940 S Oliver St
22,400 SF 29% Leased Retail Building Wichita, KS 67218 $2,000,000 ($89/SF)
Investment Highlights
- Equipped with 30+ pool tables and other games.
- Dock high door in rear of building and an outside double door.
- Includes a partial, equipped kitchen.
- 2019 resurfaced parking lot.
Executive Summary
This property is a former grocery store and has been a pool hall since 1990. 6,400 SF of Retail, Warehouse & office occupied by current owner with possible lease-back opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,400 SF
Building Class
B
Year Built
1969
Price
$2,000,000
Price Per SF
$89
Percent Leased
29%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Land Acres
1.62 AC
Zoning
LC - Limited Commercial District
Parking
61 Spaces (2.72 Spaces per 1,000 SF Leased)
Frontage
286 FT on S Oliver St
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Coin Machine Distributors Inc
- Arts, Entertainment, and Recreation
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Coin Machine Distributors Inc | Arts, Entertainment, and Recreation | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 16,000 SF
- Retail
- Outparcel
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 16,000 SF | Retail | Outparcel | Now |
1st Floor
| Size |
| 16,000 SF |
| Space Use |
| Retail |
| Position |
| Outparcel |
| Available |
| Now |
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 127-36-0-23-03-015.00 | Improvements Assessment | $93,500 |
| Land Assessment | $35,300 | Total Assessment | $128,800 |
PROPERTY TAXES
Parcel Number
127-36-0-23-03-015.00
Land Assessment
$35,300
Improvements Assessment
$93,500
Total Assessment
$128,800
-
Marty Moody -
J.P. Weigand & Sons, Inc.
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FORMER POOL HALL | 1940 S Oliver St
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