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    801 Douglas Ave Wichita, KS 67202

    Sponsored
    For Lease
    $19 SF/Yr ($16,620 /Mo)

    Prime Wichita Office Space, Union Station

    Lot size:
    10,228 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional office space, located within the historic Grand Hotel at Union Station in downtown Wichita, Kansas, offers 5,636 square feet of versatile space in a 10,228 square foot building. Situated at 801 E Douglas Ave, zip code 67202, this property is part of a vibrant and rapidly developing area. The building's prime location within the Union Station Campus places it at the heart of Wichita's revitalized downtown core. The Old Town District, with its abundance of restaurants, shops, theaters, galleries, museums, and businesses, is within easy walking distance. Intrust Bank Arena is also conveniently located nearby. This makes the property ideally suited for a variety of office uses, benefiting from high foot traffic and excellent visibility. The property is in Sedgwick County and offers multiple tenancy options. This is a unique opportunity to secure a prominent presence in one of Wichita's most sought-after locations. The building's rich history and modern amenities combine to create a truly exceptional workspace. The available space presents a rare chance to establish a business in a dynamic and thriving urban environment.

    Property Features for 801 Douglas Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,228 SF
    Total Rate
    16620.5

    Unit(s) available at that property

    Space
    Suite 101
    Size
    5,636 SF
    Rate per SF
    $19

    HighLights

    • 5,636 SF of versatile office space in a 10,228 SF building.
    • Located at 801 E Douglas Ave, Wichita, KS 67202, in the revitalized downtown core.
    • Prime location within Union Station Campus, near Old Town District and Intrust Bank Arena.
    • Multiple tenancy options available.
    • Exceptional workspace in a historic building with modern amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    WMG Finish Construction Construction Company U.S. Bank-Suzanne Chapman-Mortgage ... Mortgage Lender Davis Business Law Law Firm D3 Technologies Engineering Consultant Thunderbird Technical Sales Aircraft Supply Store

    Suggested Use

    Restaurant Realty agency Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3284801
    Latitude
    37.6857157

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Wichita Office Space, Union Station
    Where is this office property / space located?
    The property is located at 801 Douglas Ave Wichita, KS.
    What is the lease rate?
    The lease rate is $19 SF/Yr.
    What are key features of this property?
    This property features: 5,636 SF of versatile office space in a 10,228 SF building.; Located at 801 E Douglas Ave, Wichita, KS 67202, in the revitalized downtown core.; Prime location within Union Station Campus, near Old Town District and Intrust Bank Arena.
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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
    801 Douglas Ave Wichita, KS 67202
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