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Downtown Wichita Redevelopment Opportunity

111 W Douglas Ave Wichita, KS 67202

111 W Douglas Ave, Wichita, KS, 67202
$6,000,000
For Sale
$6,000,000

Vacant 10-story office building suitable for multifamily conversion.

Property Size137,432 SF
Price / SF$43.66
Days on Market242

Property Features for 111 W Douglas Ave

General Information

Standard status
Active
Size
137,432 SF
Property subtype
Office

Building Details

Year Built
1928
Listing agency NAI Martens
Listed by Grant Glasgow, SIOR
Source Naiglobal
Added: Nov 21, 2025 Updated: Jul 6 at 8:44AM Checked: Jul 21 at 4:00AM

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 Location Intelligence

Current Use by Public Records

Knolla's Pizza Downtown Restaurant Wichita Magazine Publishing House Century Plaza Business Service Center ICT Chalk Talks Community Center Crashed Auto Repair Shop

Suggested Use

(Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store Tanning Salon Pet Store (Bike/Boat/Book/etc) Store Pet Store & Service Fish Market Butcher (Bike/Boat/Book/etc) Store

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

FAQs

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.
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