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    511-0 E Douglas Ave Wichita, KS 67202

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    For Lease
    $16 SF/Yr ($3,885 /Mo)

    Commercial space in historic Eaton Place, suitable for retail/office.

    Property size:
    2,914 SF
    Lot size:
    1.95 Acres

    Property Features for 511-0 E Douglas Ave

    General Information

    Size
    2,914 SF
    Lot size
    1.95 Acres

    Source: NAI Martens Agent Trevor Stacy, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Retail Space For Lease

    This ground floor commercial space is available for lease in the historic Eaton Place. The open layout is suitable for many types of retail, office, or live/work uses. Gated and reserved parking is available for tenants on the south side of the property. Free city parking is located along the building. The property is situated along Douglas Avenue, providing great visibility and ample foot and vehicle traffic. Downtown Wichita features over 26,000 daytime workers. The property has a size of 2914 square feet. Estimated NNN expenses are $3.85 per square foot.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Dental Office Spa & Massage Restaurant Realty agency Hair Salon Nail Salon Daycare Center Clothing Store Pharmacy Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.332291
    Latitude
    37.685509

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    FAQs

    What type of property is this?
    Retail space - Commercial space in historic Eaton Place, suitable for retail/office.
    Where is this retail space located?
    The property is located at 511-0 E Douglas Ave Wichita, KS.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - High visibility location on Douglas Avenue with ample foot and vehicle traffic.; - Open layout suitable for retail, office, or live/work uses.; - Located in downtown Wichita with a large daytime worker population (over 26,000).
    (316) 613-2449
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511-0 E Douglas Ave Wichita, KS 67202
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