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Century Plaza 111 W Douglas Ave 137,432 SF 100% Leased Office Building Wichita, KS 67202 $6,000,000 ($43.66/SF)
Investment Highlights
- One of the last major redevelopment opportunities for downtown Wichita
- Prime location at Douglas and Main Street
- Surrounded by $1.7 Billion of completed redevelopment since 2010 and $760 million in planned/in-process development
- Opportunity to own a landmark building in downtown Wichita.
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
137,432 SF
Building Class
C
Year Built
1928
Price
$6,000,000
Price Per SF
$43.66
Percent Leased
100%
Tenancy
Multiple
Building Height
10 Stories
Typical Floor Size
13,743 SF
Building FAR
9.28
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
CBD
Amenities
- Atrium
- Food Service
- Property Manager on Site
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Knolla's Pizza
- Accommodation and Food Services
- -
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Knolla's Pizza | Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
40/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 124-20-0-41-03-003.00 | Improvements Assessment | $63,950 |
| Land Assessment | $37,575 | Total Assessment | $101,525 |
Property Taxes
Parcel Number
124-20-0-41-03-003.00
Land Assessment
$37,575
Improvements Assessment
$63,950
Total Assessment
$101,525
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Century Plaza | 111 W Douglas Ave
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