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111 W Douglas Ave
Wichita, KS 67202
Century Plaza · Office Property For Sale
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
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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