645 Douglas Ave Wichita, KS 67202
- Office buildings
- 36,702 SF
- 0.46 lot acres
Current Use by Public Records
- Griffin W Rick / Attorney
- HomeGrown Wichita at Naftzger Park / Breakfast Restaurant / Family Restaurant
- EMC Insurance Companies / Insurance Agency
- Vincent Vacations-Travel Agency Wichita / Travel Agency
- The Hairy Sofa Downtown / Pet Groomer
Property Details for 645 Douglas Ave
- Year built
- 2018
- Lot size
- 0.46 lot acres
- Property size
- 36,702 SF
- Property type
- Office buildings
- APN
- 087-125-21-0-31-03-001.00-B
- APU
- 087125210310300100B
Description
This exceptional commercial property, located at 645 E Douglas Ave in Wichita, Kansas, offers a diverse range of executive office spaces within a vibrant mixed-use development. The building, constructed in 2020, boasts 61,155 square feet across two stories, with a single elevator servicing the space. Units range from a minimum of 1,579 square feet to a maximum contiguous space of 7,723 square feet, with four spaces currently available, ranging from 1,200 to 15,071 square feet. The property sits on a 103,820 square foot lot and is zoned for Central Business District (CBD) use in Sedgwick County. Its strategic location directly north of Intrust Bank Arena provides unparalleled visibility and accessibility. The property benefits from the proximity to the newly renovated Naftzger Park, featuring outdoor seating, a dog park, a giant screen for public movie nights, and a pavilion for outdoor performances. Ample parking is available on-site, supplemented by over 600 public parking stalls nearby. This thriving downtown location is supported by significant recent investment, including $747 million in private investment and $92 million in public investment over the past 10 years, resulting in the addition of 4.6 million square feet of office space and 1,432 residential units since 2010. The area also boasts a strong retail sector, with $171 million in sales reported in 2020. The building's location within a mixed-use project incorporating apartments, office space, and retail opportunities ensures a dynamic and bustling environment. Contact us today to learn more about the available suites.
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $4,787,000
Market price range: $1.22M - $4.79M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,915,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $3,170,000 Change: +9% Conversion: Easy
- RESTAURANT
- $3,100,000 Change: +6% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $2,805,000 Change: -4% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Wichita
- County
- Sedgwick
- State
- Kansas
- Longitude
- -97.3305
- Latitude
- 37.6857
- CBSA code
- 48620
- CBSA name
- WICHITA, KS METROPOLITAN STATISTICAL AREA
