125 N Market St | Wichita, KS 67202
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- LoopNet Team
125 N Market St
Wichita, KS 67202
Bank Owned Multi-Use Development Opportunity · Office Property For Sale
Investment Highlights
- An estimated 2,749 residents call our vibrant downtown home
- A recent study projects market capacity for an additional 2,000 new units to come online over the next 5 years
- 4,108,053 sq. ft. of office space in the Central Business District with an occupany of 85%
- In the past decade, residential units have doubled and in 2018 over 300 units came online
- 39% of the downtown population are ages 20-29 years old
- Cargill’s new 188,000 sq. ft. collaborative workspace houses over 850 employees
Property Facts
Property Type
Office
Building Size
222,679 SF
Building Class
B
Year Built/Renovated
1963/2017
Tenancy
Multiple
Building Height
19 Stories
Typical Floor Size
11,720 SF
Building FAR
5.34
Lot Size
0.96 AC
Zoning
CBD
Parking
289 Spaces (1.3 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Direct Elevator Exposure
- Air Conditioning
About 125 N MARKET ST , WICHITA, KS 67202
- Located in the Opportunity Zone - 4th tallest building in Kansas - 289 rentable parking spaces in parking garage - Uses: retail, hotel, office and apartment - Building Breakdown: Office Tower: 222,679 sq. ft.; Hotel: 91,464 sq. ft.; Garage: 164,260 sq. ft. - 2020 Taxes: $161,573.64 - Tenants: New York Life, Oxford Development Holdings, LLC, Woolsey Companies, Edminston Oil and many more!
Property Taxes
| Parcel Numbers | Improvements Assessment | $371,600 | |
| Land Assessment | $104,250 | Total Assessment | $475,850 |
Property Taxes
Parcel Numbers
Land Assessment
$104,250
Improvements Assessment
$371,600
Total Assessment
$475,850
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