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    1602 E Waterman St Wichita, KS 67211

    For Lease
    $1,583 /Mo ($10 SF/Yr)

    Move-in ready office space in the Wichita Design District.

    Property size:
    1,900 SF
    Lot size:
    0.24 Acres

    Property Features for 1602 E Waterman St

    General Information

    Size
    1,900 SF
    Lot size
    0.24 Acres

    Source: Commercial Collective, LLC Agent Bailey Vaughn Cyrus

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

    Overview

    Wichita Design District Office Space

    This mid-century modern building, constructed in 1959, is located just off Waterman Street in the Wichita Design District. The property features an open space floor plan and is move-in ready. It includes two bathrooms, two exterior doors for access, and ample parking. Nearby businesses include Central Standard Brewing and Tanya's Soup Kitchen. The property offers 1900 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    For The XP Hobby Store Arena Hobbies Collectibles Store Trusted Forklift Certification Training Centre Unfiltered Theater Production

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3181771
    Latitude
    37.6829269

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    FAQs

    What type of property is this?
    Office space - Move-in ready office space in the Wichita Design District.
    Where is this office space located?
    The property is located at 1602 E Waterman St Wichita, KS.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready condition.; - Located in the Wichita Design District.; - Open space floor plan.
    (316) 619-8731
    Request Owner's contact information
    1602 E Waterman St Wichita, KS 67211
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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
    1602 E Waterman St Wichita, KS 67211
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