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    701 E Douglas Ave Wichita, KS 67202

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    701 E Douglas Ave Wichita, KS 67202


    • Office buildings
    • 47,335 SF
    • 1.64 lot acres
    Historic Union Station Office Space For Lease
    $5,395,000
    55,000 SF

    Historic Union Station Office Space

    Office space for rent in historic Union Station.

    701 E Douglas Ave, Wichita, KS 67202
    View Listing
    Property ID
    US33-0671295
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Faneuil at Union Station / Corporate Office
    • Union Station Plaza / Resort
    • 750 Plus Credit Score - Credit repair Wichita KS / Financial Advisor
    • Blue Cross Health Brokers Wichita / Insurance Agency
    • Candy Cones / Bakery / Take-out & Catering

    Property Details for 701 E Douglas Ave

    Year built
    1914
    Construction
    CONCRETE BLOCKS
    Lot size
    1.64 lot acres
    Property size
    47,335 SF
    Property type
    Office buildings
    APN
    087-125-21-0-31-02-001.00-C
    APU
    087125210310200100C

    Description

    This iconic four-building complex, totaling 100,000 square feet, offers exceptional office space in the heart of downtown Wichita. Originally constructed in 1910 and extensively renovated in 2016, Union Station seamlessly blends historic charm with modern amenities. The property is ideally suited for both traditional and creative office users, offering flexible space options. Multiple tenancy is available, with spaces ranging from a minimum of 2,500 square feet to a maximum contiguous space of 30,000 square feet. Its prime location on Douglas Avenue places it within easy walking distance of the vibrant Old Town District, boasting over 100 restaurants, shops, theaters, galleries, and museums. The proximity to Intrust Bank Arena further enhances its appeal. This is a unique opportunity to secure office space in a landmark building within a thriving downtown environment. The building's blend of historic character and modern updates creates a distinctive and desirable workspace. The flexible space options cater to a variety of business needs and sizes, making it an attractive proposition for companies seeking a prestigious and convenient location. This property represents a significant opportunity for businesses seeking a prominent presence in Wichita's dynamic downtown core.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $5,830,000
      Market price range: $1.57M - $6.17M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $3,760,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $4,085,000
      Change: +9% Conversion: Easy
      RESTAURANT
      $3,995,000
      Change: +6% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $3,615,000
      Change: -4% Conversion: Difficult
      MEDICAL BUILDING
      $3,280,000
      Change: -13% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Wichita
    County
    Sedgwick
    State
    Kansas
    Longitude
    -97.3295
    Latitude
    37.6854
    CBSA code
    48620
    CBSA name
    WICHITA, KS METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $0.00
    $71,600
    $1,250,215
    $1,321,815
    -
    $286,400
    $5,000,860
    $5,287,260
    View Listing
    More about this property
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