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    Topeka, KS
    Conventional Restaurant

    Topeka, KS Conventional Restaurants for Sale

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    Former Restaurant on Busy Street
    Updated: Feb 6, 2023
    Former Restaurant on Busy Street

    201 SW 29th St, Topeka, KS 66611

    $1,450,000
    8,442 sqft
    High‑traffic location on 29th Street with excellent drive‑by exposure
    Ample customer parking spaces
    Grand front entrance with wood‑framed canopy
    Close proximity to public transportation
    Located in an area with great demographics
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    This listing looks promising.

    Here's a quick look at some key insights for

    201 SW 29th St, Topeka, KS 66611

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    • Est. Cap Rate

      4.2%
      NOI ÷ price

    • Est. NOI

      $61K
      Annual

    • Mortgage

      $226K
      May 2022

    • Property Type

      Drive-Thru Restaurant, Fast Food
      Built 1975
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    Freestanding Restaurant Building For Sale
    Updated: May 26
    Freestanding Restaurant Building For Sale

    2027 SW Wanamaker Rd, Topeka, KS 66614

    $1,990,000
    2,398 sqft
    Freestanding restaurant building in a highly visible location.
    Turnkey restaurant setup with commercial kitchen, dining area, and drive‑thru.
    Located along a main retail corridor as an out lot to West Ridge Mall.
    Excellent visibility and convenient ingress/egress.
    Proximity to national retailers and residential neighborhoods.
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    Net-Leased Fast-Food Restaurant
    Net-Leased Fast-Food Restaurant

    1820 SW Wanamaker Rd, Topeka, KS 66604

    Contact for pricing

    A single-tenant Wendy’s sale-leaseback with an absolute triple-net lease, zero landlord responsibilities, and scheduled rent escalations.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Topeka, KS, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant with Office/Residential Flex
    Restaurant with Office/Residential Flex

    205 Maple St, Overbrook, KS 66524

    Contact for pricing
    9,600 sqft

    Versatile 9,600 sq. ft. building with a full restaurant, insulated storage, and four office/apartment flex units.

    View details
    Warehouse with Restaurant Kitchen Setup
    Warehouse with Restaurant Kitchen Setup

    530 Colorado St, Lawrence, KS 66044

    $800,000

    Warehouse building outfitted with grocery and restaurant shelving, appliances, equipment, plus a commercial kitchen and office space.

    View details
    Conventional Restaurant For Sale
    Conventional Restaurant For Sale

    309 Maple Street, Overbrook, KS 66524

    $330,000

    For sale restaurant property operating as TJ’s Mainstreet Grill in Overbrook, Kansas.

    View details
    Downtown Flex Building with Cafe
    Downtown Flex Building with Cafe

    714 Vermont Street, Lawrence, KS 66044

    Contact for pricing
    13,864 sqft 0.30 AC lot

    Fully renovated flex property with 20-foot ceilings, cafe and two-level offices, plus ADA restrooms and five dedicated parking spaces.

    View details

    Topeka, KS Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Topeka, KS, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 10,840 square feet of properties for sale, with an estimated market value of $3,440,000.

    Sale prices for conventional restaurants in Topeka, KS start at $1,450,000, averaging $1,720,000, and reaching up to $1,990,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 5
    Drive through restaurants 5
    Coffee shops 1

    Demographics Overview

    Population 164K
    Population Growth (5Y) -0.7%
    Median Household Income $67,341
    College Educated 20.9%

    High-Yield Neighborhoods for Investment

    Identify Topeka submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    66615 $3.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Shawnee County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Topeka fall within the 25,000 to 50,000 square foot range.

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    Most Searched ZIP Codes in Topeka, KS

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    • 66611
    • 66614

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