Historical Kress Building Office
For Lease
Contact for pricing
224 E Douglas Ave, Wichita, KS 67202
Office space in historical building near new Bio Med campus.
Space Size7,659 SF - 13,354 SF
Property Size54,781 SF
Days on Market670
Property Features for 224 E Douglas Ave
General Information
Standard status
Active
Size
7,659 SF - 13,354 SF
Class
A
Total Parking Spaces
65
Property subtype
Office
Building Details
Building Size
54,781 SF
Year Built
1929
Tenancy
Multiple
Spaces For Lease
at 224 E Douglas Ave Contact us- Size
- 13,354 SF
- Type
- Office
- Availability
- Active
1st Floor & Mezzanine
- Size
- 7,659 SF
- Type
- Office
- Availability
- Active
3rd Floor
- Size
- 7,659 SF
- Type
- Office
- Availability
- Active
4th Floor
- Size
- 7,659 SF
- Type
- Office
- Availability
- Active
5th Floor
Listing Agency:
RE/MAX Premier
(316) 618-1100
Listed By:
Colby Reynolds · License #SP00233068
Source:
Crexi
Added: Oct 11, 2024
Changed: Aug 8
Last Checked: Aug 11 at 2:52PM
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 RE/MAX Premier
Investment Insights
Based on property information with market context.
Located at the intersection of Broadway and Douglas, the historical Kress building is situated one block from the new Bio Med campus and the Kansas College of Osteopathic Medicine. The building is within walking distance of Century II, Intrust Bank Arena, Wichita Old Town, and Naftzger Park. The new BioMed School, a partnership between WSU, WSU Tech, and KU, is expected to bring 3000 students and over 200 faculty members to a new $350 million campus in its first year. The Kansas College of Osteopathic Medicine will have a capacity of 680 students and over 200 staff members when fully operational. The property is available for rent as office space and office units.
Key Highlights
- Prime location at the intersection of Broadway and Douglas, near the new Bio Med campus and Kansas College of Osteopathic Medicine.
- Walking distance to key attractions: Century II, Intrust Bank Arena, Wichita Old Town, and Naftzger Park.
- Proximity to the new $350 Million BioMed campus, bringing 3000 students and 200+ faculty.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,332
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Wichita, KS
$13.13 /SF/Yr
Avg Asking Price
$1.11–$22 /SF/Yr
Price Range
7,556 SF
Avg Space Size
This space is priced 52% above the average of $13.13 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office space in historical building near new Bio Med campus.
Where is this office units located?
The property is located at 224 E Douglas Ave Wichita, KS.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Prime location at the intersection of Broadway and Douglas, near the new Bio Med campus and Kansas College of Osteopathic Medicine.; Walking distance to key attractions: Century II, Intrust Bank Arena, Wichita Old Town, and Naftzger Park.; Proximity to the new $350 Million BioMed campus, bringing 3000 students and 200+ faculty.
