Downtown Wichita Commercial Real Estate

243 N Cleveland - Entire Building Downtown Wichita, Wichita, KS Close Highway and Onsite Parking.
Sep 19
9,400
sqft
For Sale Industrial Office
105 S Broadway St - Entire Building Downtown Wichita, Wichita, KS HVAC
Sep 19
62,990
sqft
For Sale Office
501 E Central Ave - Entire Building Old Town, Wichita, KS HVAC and taxes; $3,173.83
Aug 07
1,610
sqft
For Sale Retail Restaurant
516 S Market St - Entire Building Downtown Wichita, Wichita, KS  
Apr 06
21,500
sqft
For Sale Office

Downtown Wichita

Market Report

Number of Listings
Posted in the last 90 days
22
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,730

Downtown Wichita Rates

On average, listings lease in the $20's per square foot per year. The Downtown Wichita submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 5% decrease in rent.

Downtown Wichita Listing Supply

In the last 90 days, 245 listings have been listed, so you'll want to check back regularly for new listings. About 10% of the available leases in the Downtown Wichita are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,730 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are close to 2 stories. Most buildings in this market were built in 1955 and are Class B.

Downtown Wichita Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by bike is the most popular way to get to work amongst Downtown Wichita folk. Commuting around an hour a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Downtown Wichita.
Research