For Sale
$1,850,000

123 Market St Wichita, KS 67202

Prime medical office, 40,500 SF, vacant.

Overview

Added:
Dec 11, 2024
Days on market:
127
This exceptional 40,500-square-foot medical office building presents a unique redevelopment opportunity in the heart of downtown Wichita, Kansas. Located at 123 S Market St, 67202, this two-story, 1-building property sits on a 13,975-square-foot lot and boasts a coveted CBD zoning designation. Completely renovated in 2024, the building features abundant natural light, concrete fluted columns, and an operable freight elevator, all contributing to a modern and functional workspace. The property is strategically positioned near the KU/WSU Biomedical Campus and the Kansas College of Osteopathic Medicine, ensuring high visibility and access to a significant medical professional population. Furthermore, 50 reserved parking spots are available in an adjacent city-owned parking garage, providing ample convenience for staff and patients. This historic shell building is eligible for various economic incentive programs, making it an attractive investment. Seller financing is available for qualified buyers. This is an unparalleled chance to acquire a substantial medical office building in a thriving, high-growth area.

Highlights

  • Seller financing offered.
  • Prime location near KU/WSU Biomedical Campus and Kansas College of Osteopathic Medicine.
  • 50 reserved parking spaces in a nearby city-owned garage.
  • Eligible for economic incentives.
  • Historic building shell.
  • Excellent natural light.

Property Details for 123 Market St

Property type
Office properties, Medical offices
Square Feet
40,500 SF
Year Renovated
2024
Buildings
1
Stories
2

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.6851589
Longitude
-97.337225
123 Market St, Wichita, Kansas

FAQs

What type of property is this?
Office property - Prime medical office, 40,500 SF, vacant.
Where is the office property located?
The property is located at 123 Market St Wichita, KS.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Seller financing offered.; Prime location near KU/WSU Biomedical Campus and Kansas College of Osteopathic Medicine.; 50 reserved parking spaces in a nearby city-owned garage.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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123 Market St
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