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0 Beds
n/a Baths
n/a SqFt
Under Contract
Nestled in the heart of Downtown Topeka, Kansas, built in 1885, this commercial building boasts a rich history intertwined with Washburn School of Law and Dr. C. F. Menninger, which are just a few who have occupied the office building in the past 140 years. With 11,200 square feet spread across three floors, this property offers a unique opportunity. The building features two storefront locations on the main level, perfect for retail businesses looking to capitalize on the bustling foot traffic of downtown. Numerous parties have already expressed interest in leasing the available storefront property for varied needs. Additionally, a two-story office building presents the potential for conversion into sought-after condos or apartments, catering to the growing demand for urban living spaces. Zoning allows for many different opportunities to utilize this property. Purchasers of this property stand to benefit from amazing tax credits, grants, and incentives, such as the Neighborhood Revitalization Program. With no active leases in place, the entire building awaits the vision of its next owner. Whether you're a savvy investor seeking to contribute to the vibrant fabric of Downtown Topeka or a business owner looking to establish a presence in a prime location, this commercial building offers endless possibilities for growth and prosperity.
Property Details | ||
---|---|---|
Price | $200,000 | |
Lot Size | 3750 | |
Year Built | 1885 | |
Subdivision | Original Town | |
Roof | Flat | |
Lot Description | Downtown Area | |
Parking Description | Street Parking, Other | |
Geographic Data | ||
Directions | Follow US-75 S and I-70 E to SE Monroe St in Topeka. Take exit 362B from I-70 E, Turn right on SE 8th Ave, Right on S Kansas Ave, Destination will be on your left. | |
County | SNCO Tract 51A (THN) | |
Address Information | ||
Address | 727 S Kansas AVE | |
Postal Code | 66603 | |
City | Topeka | |
State | KS | |
Country | United States | |
Listing Information | ||
Listing Office | Better Homes and Gardens Real | |
Listing Office Phone | 785-367-4747 | |
Listing Office Email | abbey@betterhomesks.com | |
Listing Agent | Amanda Danielson | |
Listing Agent Phone | 785-367-4747 | |
MLS® Information | ||
MLS® Status | Under Contract | |
Listing Date | May 10, 2024 | |
Listing Last Modified | Aug 22, 2024 | |
Tax ID | R26409 | |
Tax Annual Amount | 5741 | |
MLS® # | SUN234044 |
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This information is believed to be accurate, but without any warranty.