Clear-Span Building with
126 N St Francis Ave, Wichita, KS
For Sale
Contact for pricing
Flexible office building featuring clear-span construction and private parking.
Property Size14,000 SF
Lot Size0.24 Acres
Price / SF$178.57
Days on Market356
Property Features for 126 N St Francis Ave
General Information
Standard status
Size
Lot size
Property subtype
Lease Type
Site & Location
Neighborhood
Properties For Sale
at 126 N St Francis Ave Contact usDowntown Opportunity to Own your Office AVAILABLE, Now
Floor
1-2
Size
7,000 SF
Type
RETAIL
Lease Type
NNN
126 N St Francis is a redevelopment
opportunity located in the core of
downtown Wichita.
With 7,000 square feet available on
the top floor available with
both elevator and staircase
access, this is a perfect
opportunity for 1 or 2 businesses to
thrive or take root in downtown
Wichita.
Approximately 40 dedicated parking
spaces are included in the parking
lot located at the back of the
building.
Contact us 126 N. St. Francis AVAILABLE
Size
14,000 SF
Type
OFFICE
Lease Type
NNN
Stately building boasting clear-span construction and presenting flexible repurposing options. Rare, adjacent, private parking included. Beautiful “Bow Truss” roof structure provides a coveted architectural element,
complementing the brick walls and timeless wood flooring.
Contact us
Listing Agency:
Commercial Collective, LLC
Listed By:
Stephanie Wise · License KS #00234839
(316) 461-9206
Source:
Moodyscre
Added: Nov 20, 2025
Changed: Nov 5
Last Checked: Nov 8 at 7:56AM
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 Commercial Collective, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This stately building offers clear-span construction and flexible repurposing options. A rare feature is the inclusion of adjacent, private parking. The property showcases a beautiful “Bow Truss” roof structure, providing a coveted architectural element that complements the brick walls and timeless wood flooring. The property has a size of 14000 square feet.
Key Highlights
- Stately building.
- Rare, adjacent, private parking included.
- Beautiful “Bow Truss” roof structure (coveted architectural element).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,388
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,387,760
$3.4M
Cap Rate 7%
$2,419,829
$2.4M
Cap Rate 9%
$1,882,089
$1.9M
Market Conditions
NOI Build-Up for 14,000 SF
Gross rent
$280.6K $20.04/SF
− Vacancy
−$54.7K −$3.91/SF
EGI
$225.9K $16.13/SF
− OpEx
−$56.5K −$4.03/SF
NOI
$169.4K $12.10/SF
Area
Wichita, KS
Vacancy
19.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,387,760
Cap Rate 7%
$2,419,829
Cap Rate 9%
$1,882,089
Alternative Uses
Best Use
Office B
$2.42M
$2.12M – $2.82M
NOI $169,388 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.47M
$3.03M – $4.04M
NOI $242,651 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,325
Businesses Nearby
Explore this area
Business Placement
Market
Properties on Market for Office buildings in Wichita
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Flexible office building featuring clear-span construction and private parking.
Where is this office building located?
The property is located at 126 N St Francis Ave Wichita, KS.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Stately building.; Rare, adjacent, private parking included.; Beautiful “Bow Truss” roof structure (coveted architectural element).
