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    400 Commerce St Wichita, KS 67202

    For Lease
    $16 SF/Yr ($9,552 /Mo)

    High-visibility creative office suites, private parking

    Lot size:
    7,164 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional downtown Wichita property, located at 400 S Commerce St (near Waterman St and INTRUST Bank Arena), offers 7,164 square feet of renovated creative office and retail space in a single-story building. Built in 1966 and extensively renovated in 2017, the Class B property features two suites available for lease: Suite 300, a nearly 2,000-square-foot space with five offices, a conference room, and a 1,200-square-foot patio

    Property Features for 400 Commerce St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,164 SF
    Class
    B
    Total Rate
    9552

    Building Details

    Year Built/Renovated
    1966/2017
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 100
    Size
    4,571 SF
    Rate per SF
    $16
    Space
    1st Fl-Ste 200
    Size
    700 SF

    HighLights

    • 7,164 SF of renovated creative office and retail space in a single‑story building at 400 S Commerce St, Wichita.
    • Two suites available for lease, including a nearly 2,000 SF suite with five offices, a conference room, and a 1,200 SF patio.
    • Located directly across from INTRUST Bank Arena with 14 dedicated parking spaces and additional parking available.
    • Unique design featuring shipping container conference rooms, large windows, skylights, and high ceilings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Better Insurance KS Auto Insurance Agency 360ideas Website Designer Wichita Consumer Research ... Market Researcher Air Capital Drone ... Video Production Service Syndeo Staffing Recruiter

    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
    -97.330633846173
    Latitude
    37.682277273606

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    FAQs

    What type of property is this?
    Office space - High-visibility creative office suites, private parking
    Where is this office space located?
    The property is located at 400 Commerce St Wichita, KS.
    What is the lease rate?
    The lease rate is $0.00-$16 SF/Yr.
    What are key features of this property?
    This property features: 7,164 SF of renovated creative office and retail space in a single-story building at 400 S Commerce St, Wichita.; Two suites available for lease, including a nearly 2,000 SF suite with five offices, a conference room, and a 1,200 SF patio.; Located directly across from INTRUST Bank Arena with 14 dedicated parking spaces and additional parking available.
    Request Owner's contact information
    400 Commerce St 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
    400 Commerce St Wichita, KS 67202
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