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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

401E Douglas Ave Wichita, KS 67202

53,440 SF 0.48 ac lot Built 1932
Property ID
Property summary
AI-generated overview

This exceptional 53,440-square-foot retail and office space is situated in Wichita, Kansas's vibrant Central Business District (CBD), at 401 E Douglas Ave, zip code 67202. Built in 1932, this single-tenancy property sits on a 0.483-acre lot and is zoned for CBD use. The property offers a fantastic opportunity for a variety of businesses. Its prime location benefits from being anchored by the Hilton Garden Inn, a 127-room full-service hotel, ensuring high foot traffic and visibility. Parking is conveniently available both on the street and behind the building. The space will be delivered in "vanilla box" condition, allowing for complete customization to suit the tenant's specific needs. A tenant improvement allowance is available for qualified tenants, making this an even more attractive proposition. The property's versatility makes it ideal for a range of businesses, including but not limited to salons, insurance offices, and barbershops. This is a rare opportunity to secure a substantial and well-located space in the heart of Wichita.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1932
Total area 53,440 SF
Lot 0.48 ac (21,039 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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