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Investment Highlights

  • Hard Corner
  • Perfect for redevelopment with all City utilities to the property
  • Zoned both Industrial and Multi-Family

Executive Summary

4 parcels for sale
19,602 sq ft of acreage
Approximately 5000 sq ft of building and residential on the property
Sold "AS IS"
Zoned Multi - Tenant Apartment and Industrial
All information is to be verified by the Buyer.
Prime real estate ready for redevelopment in the heart of Wichita
Corner of 1st Street and New York .....running along New York towards 2nd Street
Almost 1/2 a block along New York ..... Deep Lot
Almost half a block frontage along New York and the hard corner of 1st Street and New York
Multiple parcels with multiple addresses / APN's with multiple zoning's (Multi-Family / Industrial)

Property Facts

Sale Type Investment
Sale Condition High Vacancy Property
No. Units 6
Property Type Multifamily
Property Subtype
Apartment
  • Office Office Residential
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.45 AC
Building Size 5,324 SF
Average Occupancy 0%
No. Stories 1
Year Built 1953
Zoning Multi-Family & Industrial - Majority is zoned Multi-Family and hard corner is zoned Industrial Hard corner perfect location for retail or auto shop All structures are vacant

Amenities

Unit Amenities

  • Kitchen
  • Carpet
  • Yard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+5 4 - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
125-21-0-14-02-012.00D
Land Assessment
$1,150
Improvements Assessment
$1,886
Total Assessment
$3,036
  • Listing ID: 40937301

  • Date on Market: 6/16/2026

  • Last Updated:

  • Address: 1518 E 1st St N, Wichita, KS 67214

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