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Downtown Wichita Versatile Commercial Property
For Sale
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501-523 E Douglas Avenue, Wichita, KS 67202

Prime location suitable for retail, office, or live/work use.

Property Size9,913 SF
Price / SF$0.00
Days on Market209

Property Features for 501-523 E Douglas Avenue

General Information

Standard status Active
Size 9,913 SF
Class A
Property subtype Retail
Lease Term NN; NNN

Building Details

Building Size 9,913 SF

Properties For Sale

at 501-523 E Douglas Avenue Contact us

515 E Douglas

Size
2,914 SF
Term
Negotiable
Contact us

523 E Douglas

Size
2,970 SF
Term
Negotiable
Contact us
Listing Agency: NAI Martens
Listed By: Trevor Stacy, CCIM · License #00242621
Source: Naiglobal
Added: Jan 27 Changed: Aug 8 Last Checked: Aug 23 at 4:03AM

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.

Located at 501-523 E Douglas Avenue in downtown Wichita, this property offers a versatile open layout suitable for retail, office, or live/work spaces. The location benefits from high visibility and exposure to foot and vehicle traffic along Douglas Avenue. Tenants have access to gated and reserved parking on the south side, with additional free city parking available along the building. Situated in a vibrant commercial corridor, the property is surrounded by office buildings, hotels, restaurants, and entertainment venues. The area has a daytime population of over 26,000 workers. The property's size is 9913 square feet. Estimated NNN expenses are $3.85 per square foot.

Key Highlights

  • Prime Downtown Wichita location on Douglas Avenue with high visibility and traffic.
  • Versatile open layout suitable for retail, office, or live/work use.
  • Secure gated parking for tenants plus free city parking.

Property Analytics

Current Use

Retail space

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,625
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Prime location suitable for retail, office, or live/work use.
Where is this retail space located?
The property is located at 501-523 E Douglas Avenue Wichita, KS.
What are key features of this property?
This property features: Prime Downtown Wichita location on Douglas Avenue with high visibility and traffic.; Versatile open layout suitable for retail, office, or live/work use.; Secure gated parking for tenants plus free city parking.
More about this property
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