Great investment opportunity!

505 E 16th St Wellington, KS 67152

505 E 16th St, Wellington, KS, 67152
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FOR SALE FOR LEASE
Property Type:
Multi Tenant Office
Amount:
$175,000
Last Verified:
Nov 22, 2025

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Highlights


Description

INCREDIBLE INVESTMENT OR OWNER-USER OPPORTUNITY! Unlock the potential of this versatile two-unit commercial property—available to own or lease both sides! Perfectly positioned right off Wellington’s busiest intersection, this standout building offers maximum visibility, easy access, and ample parking—an unbeatable combination rarely found in today’s market. One unit is already occupied by a long-term tenant paying $1,200/month, providing immediate, reliable income. The second unit—formerly a pharmacy—comes with its very own drive-thru window, opening the door to endless business possibilities! Inside, each side features: • A private bathroom • A spacious main area (14x38) • A large north room (16x30) ideal for storage, production, office use, or expansion Whether you’re an investor looking for a strong cash-flow asset or an entrepreneur ready to launch or relocate your business, this property offers exceptional flexibility and massive potential. The vacant unit is a perfect fit for a boba shop, bakery, seamstress or alterations business, boutique office, specialty retail, and so much more! Opportunities like this don’t come often—a prime commercial building with income, a drive-thru, parking, and high-traffic exposure all in one package. If this sounds like the business opportunity you’ve been waiting for, reach out today—I’d love to show you this fantastic property! Building is also for sale!

Introducing an exceptional leasing opportunity at 505 E 16th St, Wellington, KS. This prime property boasts a 2,400 SF building, offering two units perfect for office or office building use. Built in 2009, the property is thoughtfully designed and maintained to meet the needs of modern businesses. Zoned General Comm, it provides flexibility for a variety of commercial uses. Located in the sought-after Wellington area, this property offers an ideal blend of accessibility and visibility for businesses looking to establish a prominent presence. Don't miss this chance to lease a space that combines quality construction, functionality, and strategic positioning.

Located in the vibrant city of Wellington, this property offers a prime location near a range of amenities and attractions. Situated in a thriving commercial hub, the area is home to a variety of dining options, retail centers, and entertainment venues, providing a dynamic environment for businesses. Within close proximity to the property, tenants and investors can enjoy popular destinations like the Sumner Regional Medical Center, Memorial Auditorium & Convention Center, and local parks for leisure and recreation. With its strategic position in this bustling community, the property presents an exciting opportunity for businesses seeking a well-connected and dynamic office space.


Year Built: 2009
Building Size: 2400sq ft
Building Class: B
Lot Size: 0.45 acres

Units for Lease

B
Space Available: 1200 SF
Lease Type: NNN

Price Per Sqft/Year: $1200.00

Map of 505 E 16th St, Wellington, KS, 67152

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.