401E Douglas Ave Wichita, KS 67202
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.