Downtown Wichita Redevelopment
For Sale
$6,000,000
111 W Douglas Ave, Wichita, KS 67202
Vacant 10-story office building suitable for multifamily conversion.
Property Size137,432 SF
Price / SF$43.66
Days on Market271
Property Features for 111 W Douglas Ave
General Information
Standard status
Active
Size
137,432 SF
Class
B
Property subtype
Office
Building Details
Building Size
137,432 SF
Year Built
1928
Listing Agency:
NAI Martens
(316) 847-4908
Listed By:
Grant Glasgow, SIOR · License #00250956
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Aug 16
Last Checked: Aug 19 at 5:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Martens
Investment Insights
Based on property information with market context.
Century Plaza is a 10-story, 137,432-square-foot vacant office building constructed in 1928. Located in downtown Wichita at Douglas and Main, the property is well-suited for multifamily conversion, featuring efficient floor plates and historic architecture. The building is positioned near major public investments and redevelopment activity. It is located 1,000 feet from the $300 million Wichita Biomedical Campus and adjacent to the planned $400 million Century II renovation. This walkable area provides access to restaurants, entertainment, government offices, and public transit. The property includes a 0.34-acre lot with 70 surface parking stalls leased from the City. The building may qualify for historic tax credits. Since 2010, the area has seen $1.7 billion of completed redevelopment and has $760 million in planned or in-process development. Century Plaza offers an opportunity to reposition a legacy asset in one of Wichita’s active growth corridors and to own a landmark building in downtown Wichita.
Key Highlights
- Prime location in downtown Wichita at Douglas and Main.
- Significant redevelopment opportunity in a highly walkable area.
- Historic architecture and potential qualification for historic tax credits.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,332
Businesses Nearby
Explore this area
Business Placement
Demographics for 67202, KS
2,435
Population
1,778
Households
1.4
Avg Household Size
35
Median Age
53%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,435
Density / Sq Mi
$67,892
Median Household Income
$41,160
Median Earnings
$1,039
Median Rent
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Vacant 10-story office building suitable for multifamily conversion.
Where is this office building located?
The property is located at 111 W Douglas Ave Wichita, KS.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Prime location in downtown Wichita at Douglas and Main.; Significant redevelopment opportunity in a highly walkable area.; Historic architecture and potential qualification for historic tax credits.
