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727 S Kansas AVE, Topeka, KS 66603


Beds

n/a Full bath

SqFt

Active

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.

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Property Details
Price $200,000
Property Style Retail/Office
Lot Size 3750
Land Tenure Private
Property Type Commercial
MLS Sub type Commercial
Features Living Area In Building,Display Window
Year Built 1885
Subdivision Original Town
Roof Flat
Parking Description Street Parking,Other (remarks)
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.
Market Area SNCO Tract 51A (THN)
Address Information
Address 727 S Kansas AVE, Topeka, KS 66603
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
Days on market 126
MLS Status Active
Listing Date May 10, 2024
Listing Last Modified Sep 13, 2024
Tax Annual Amount 5741
MLS Area SNCO Tract 51A (THN)
MLS # 234044

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