1900 Douglas AveWichita, KS 67214

  • Office buildings
  • 36,009 SF
For Lease
$16/SF/YR View listing

Property Details for 1900 Douglas Ave

Year built
1947
Construction
CONCRETE BLOCKS
Lot size
3.45 AC
Property size (Sq ft)
36,009 SF
Property type
Office buildings
APN
087-125-22-0-23-06-013.00
APU
87125220230601300

Description

This exceptional coworking space, located at 1900 E. Douglas Ave in Wichita, Kansas, offers a flexible and vibrant work environment. The property features one available space ranging from 1,289 to 1,343 square feet, perfect for a variety of business needs. Situated in the heart of the Douglas Design District, this office enjoys excellent visibility with Douglas Avenue frontage. Ample parking is available, including some partially covered spaces. Potential tenants may be eligible for a tenant allowance and could have the opportunity for prominent monument signage. The building currently houses HOA Management Services and Mid American Exteriors, creating a collaborative atmosphere. This prime location provides easy access to major thoroughfares like Kellogg and Interstate 135, placing you minutes from Downtown Wichita, Old Town, and the Delano District. Enjoy the convenience of being within walking distance of numerous restaurants and entertainment options. The full-service asking rate is $16.00 per square foot. This is a unique opportunity to establish your business in a thriving and well-connected area of Wichita. The property is in Sedgwick County, Kansas, zip code 67214.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,549,836
    6.5%
    $5,122,926
    7%
    $4,757,002
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,332,603
    Geo Method
    $4,332,603
  • Alternative Use

    Use
    Valuation
    Residential
    $6,352,428
    Hospitality
    $5,818,790
    Educational
    $4,841,164
    Medical
    $5,007,660
    Retail
    $7,530,700
1900 Douglas Ave, Wichita, Kansas

Location Insight

City
Wichita
County
Sedgwick
State
Kansas
Latitude
37.687
Longitude
-97.3145
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
$64,168
$131,475
$491,750
$623,225
-
$525,900
$1,967,000
$2,492,900

FAQs

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