801 Douglas Ave Wichita, KS 67202
- Office buildings
- 28,962 SF
- 0.49 lot acres
Current Use by Public Records
- WMG Finish Construction / Construction Company
- U.S. Bank-Suzanne Chapman-Mortgage Loan Officer / Mortgage Lender
- Davis Business Law / Attorney / Law Firm
- D3 Technologies / Engineering Consultant
- Thunderbird Technical Sales / Aircraft Supply Store
Property Details for 801 Douglas Ave
- Year built
- 1870
- Lot size
- 0.49 lot acres
- Property size
- 28,962 SF
- Property type
- Office buildings
- APN
- 087-125-21-0-31-02-001.04
- APU
- 87125210310200104
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $975,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,120,000
- 6.5%
- $1,090,000
- 7%
- $1,120,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,220,000
- Geo Method
- $980,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,070,000
- Retail
- $1,270,000
- Mixed-Use
- $1,410,000
- Hospitality
- $1,150,000
- Educational
- $1,085,000
- Residential Income
- $1,305,000
- Energy
- $1,320,000
- Income-Based Land
- $1,275,000
- Food Service
- $1,245,000
Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3285
- Latitude
- 37.6857
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
