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    266 Main St Wichita, KS 67202

    For Lease
    $14 SF/Yr

    Prime Office, Data Storage, ICT

    Lot size:
    56,310 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 56,310 square foot Class B office building, situated in Wichita's vibrant Central Business District, presents a unique investment opportunity. Built in 1955 and recently remodeled, the two-story structure boasts a new security system and offers multiple tenancy options within its 38,456 square foot lot. The property features convenient on-site parking, including both flat and covered spaces, making it highly accessible for employees and clients. Its location at 266 N Main St, near the intersection of Main and 2nd, places it in close proximity to key landmarks such as Cargill, the Epic Center, Sedgwick County Courthouse, City Hall, the YMCA, and the Post Office. The building is zoned for Central Business District use and is ideally suited for a technology-focused business, offering readily available internet service providers (ISPs) and fiber optic capabilities, along with on-site data storage options. With one building and elevators present, this property offers a compelling blend of classic charm and modern amenities in a highly desirable downtown location. The property's Sedgwick County location and 67202 zip code further enhance its appeal. This is a rare chance to acquire a well-maintained, strategically located office building in the heart of Wichita, Kansas.

    Property Features for 266 Main St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    56,310 SF
    Class
    B
    Total Rate
    68041.25

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 150
    Size
    4,572 SF
    Rate per SF
    $14
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kansas Corporation Commission Government Office Kansas Department of Labor Government Office Level 3 Communications Telecommunications Service Provider

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3377313
    Latitude
    37.6894257

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    FAQs

    What type of property is this?
    Office space - Prime Office, Data Storage, ICT
    Where is this office space located?
    The property is located at 266 Main St Wichita, KS.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
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    Wichita, KS 67202
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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
    266 Main St Wichita, KS 67202
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