111 W Douglas Ave - Office/Residential FOR SALE


Wichita, KS 67202- Downtown Wichita
$6,000,000 USD
316-847-4908
111 W Douglas Ave, Wichita, KS for Sale
$6,000,000 USD
Office/Residential - FOR SALE
1/24
null | Request Cap Rate

111 W Douglas Ave
Wichita, KS 67202
Downtown Wichita


HIGHLIGHTS

  • One of the last major redevelopment opportunities for downtown Wichita
  • Surrounded by $1.7 Billion of completed redevelopment since 2010 and $760 million in planned/in-process development
  • Prime location at Douglas and Main Street
  • Opportunity to own a landmark building in downtown Wichita.

OVERVIEW

Century Plaza is a 10-story, 137,432-square-foot vacant office building in the heart of downtown Wichita. Constructed in 1928, the property is well-suited for multifamily conversion, featuring efficient floor plates, historic architecture, and proximity to major downtown investments. Located just 1,000 feet from the $300 million Wichita Biomedical Campus and adjacent to the planned $400 million Century II redevelopment, Century Plaza offers a rare opportunity to reposition a legacy asset in one of Wichita’s most active growth corridors. The property includes a 0.34-acre lot with 70 surface parking stalls (leased from the City) and may qualify for historic tax credits.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Century Plaza

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

10

BUILDING CLASS

C

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

CBD

APN/PARCEL ID

124-20-0-41-03-003.00

ASK ABOUT THIS PROPERTY

Grant Glasgow, SIORNAI MartensMore Info
316-847-4908

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Grant Glasgow, SIORNAI MartensMore Info
316-847-4908

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.