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2945 N Porter Ave 4,910 SF 100% Leased Retail Building Wichita, KS 67204 $299,000 ($60.90/SF) 9.47% Cap Rate



Executive Summary
Units: Three (3) separately metered spaces.
Access: Easy access to I-135 and major north-side corridors.
Multiple storefront entrances for office / retail / light warehouse configurations.
Opportunity to increase rents or reposition units.
Strong visibility along N. Porter Ave. with neighborhood-serving demand.
Versatile multi-tenant commercial property located in the Benjamin Hills neighborhood of North Wichita.
This property offers a strong owner-user or value-add investment opportunity with multiple separately configured units and flexible Limited Commercial (LC) zoning.
Access: Easy access to I-135 and major north-side corridors.
Multiple storefront entrances for office / retail / light warehouse configurations.
Opportunity to increase rents or reposition units.
Strong visibility along N. Porter Ave. with neighborhood-serving demand.
Versatile multi-tenant commercial property located in the Benjamin Hills neighborhood of North Wichita.
This property offers a strong owner-user or value-add investment opportunity with multiple separately configured units and flexible Limited Commercial (LC) zoning.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
4,910 SF
Year Built
1929
Price
$299,000
Price Per SF
$60.90
Cap Rate
9.47%
NOI
$28,315
Percent Leased
100%
Building Height
1 Story
Building FAR
0.40
Lot Size
0.28 AC
Zoning
LIMITED COMMERCIAL - N 115 FT E 93.8 FT LOT 1 GILDER'S COURT ADD.
Nearby Major Retailers
Property Taxes
| Parcel Number | 123-06-0-12-01-001.00 | Total Assessment | $33,150 |
| Land Assessment | $7,100 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $26,050 | Tax Year | 2025 |
Property Taxes
Parcel Number
123-06-0-12-01-001.00
Land Assessment
$7,100
Improvements Assessment
$26,050
Total Assessment
$33,150
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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2945 N Porter Ave
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