1029 Douglas AveWichita, KS 67213

Property Details for 1029 Douglas Ave

Year built

1909

Construction

FRAME

Lot size

0.08 AC

Property size (Sq ft)

12,755 SF

Property type

Retail space

APN

087-124-20-0-33-04-006.00-B

APU

087124200330400600B

Description

This exceptional 6,734 square foot creative office space is located in the heart of Wichita's vibrant Delano district at 1029 W Douglas Ave, zip code 67213. Housed within a beautifully restored 12,000 square foot building, this Class A property boasts the charm of its 1909 construction, expertly blended with modern updates from its 2022 renovation. The space is available for multiple tenants and features exposed brickwork, a testament to its historic character. The building is two stories and comprises a single structure. The zoning is Limited Commercial, offering flexibility for a variety of businesses. This hard corner location provides excellent visibility and accessibility, making it an ideal space for businesses seeking a unique and desirable address in a thriving urban neighborhood. The property's prime location in Delano offers easy access to local amenities, transportation, and a vibrant community atmosphere. With 6,734 square feet of vacant space ready for immediate occupancy, this is a rare opportunity to secure a remarkable commercial property in a highly sought-after area of Wichita, Kansas.

• CAP approach

  CAP return

  Valuation

  6%

  $2,889,794

  6.5%

  $2,667,502

  7%

  $2,476,966

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,867,398

  Geo Method

  $3,867,398

• Alternative Use

  Use

  Valuation

  Residential

  $2,250,138

  Hospitality

  $2,061,114

  Educational

  $1,714,823

  Medical

  $1,773,798

  Retail

  $2,667,502

Location Insight

City

Wichita

County

Sedgwick

State

Kansas

Latitude

37.6837

Longitude

-97.3528

CBSA code

48620

CBSA name

WICHITA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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