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    132 Douglas Ave Wichita, KS 67202

    For Lease
    $192 SF/Yr

    High-visibility retail space, prime location.

    Lot size:
    2,431 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 2,431 square foot retail space is ideally situated in downtown Wichita at 132 E Douglas Ave, zip code 67202. The property boasts a single-tenant occupancy and benefits from a highly visible location, ensuring maximum exposure to potential customers. Its strategic placement directly below the luxury Renew apartments provides a built-in customer base and significant foot traffic. The property type is classified as retail, with a secondary subtype of office, offering flexibility for a variety of business uses. The address is 132 E Douglas Avenue, Wichita, Kansas. The property's prime location in the heart of downtown Wichita offers unparalleled access to the city's vibrant commercial activity and a diverse population. This presents a unique opportunity for businesses seeking a high-traffic, high-visibility location to establish or expand their operations. The property's size and configuration are well-suited for a range of retail or office uses, making it an attractive investment for discerning businesses. The coordinates for the property are latitude 37.68636 and longitude -97.3363619. This is a single-tenant property.

    Property Features for 132 Douglas Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,431 SF

    Unit(s) available at that property

    Space
    Size
    2,431 SF
    Rate per SF
    $216

    HighLights

    • 2,431 SF retail space at 132 E Douglas Ave, Wichita, KS 67202.
    • High‑visibility location in downtown Wichita with significant foot traffic.
    • Located below Renew luxury apartments, providing a built‑in customer base.
    • Suitable for retail or office use.
    • Single‑tenant occupancy.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3363619
    Latitude
    37.68636

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space, prime location.
    Where is this retail property located?
    The property is located at 132 Douglas Ave Wichita, KS.
    What is the lease rate?
    The lease rate is $216 SF/Yr.
    What are key features of this property?
    This property features: 2,431 SF retail space at 132 E Douglas Ave, Wichita, KS 67202.; High-visibility location in downtown Wichita with significant foot traffic.; Located below Renew luxury apartments, providing a built-in customer base.
    Request Owner's contact information
    132 Douglas Ave Wichita, KS 67202
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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
    132 Douglas Ave Wichita, KS 67202
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