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    722 Kansas Ave Topeka, KS 66603

    Sponsored
    For Sale
    $499,000

    7500+ sq ft, High-Potential Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 7500+ square foot commercial building, located at 722 SW Kansas Ave in the heart of downtown Topeka, Kansas, presents a remarkable opportunity for a variety of businesses. Situated just half a block from Evergy Plaza, this property boasts a prime location with high visibility and foot traffic. The building is currently home to a successful business, demonstrating its inherent viability. Its solid structure and excellent condition are immediately apparent, offering a clean and move-in ready space. The versatile layout includes a large storefront with a double entry, allowing for a welcoming lobby area on the main level. Additional office space or even an apartment is possible on the upper floor. Both levels feature convenient men's and women's restrooms. A spacious banquet or private party room upstairs offers further flexibility, potentially serving as additional office space. Ample storage is provided by a large storage room and a utility room. The building is equipped with a high-efficiency HVAC system on both levels, ensuring comfortable year-round operation. This property's adaptability, central location, and existing infrastructure make it an ideal investment for entrepreneurs seeking a thriving downtown Topeka presence. The asking price is $499,000.

    Property Features for 722 Kansas Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Classic Bean Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    SNCO Tract 51A (THN)
    State
    Kansas
    Longitude
    -95.67381
    Latitude
    39.0493

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    FAQs

    What type of property is this?
    Commercial real estate - 7500+ sq ft, High-Potential Space
    Where is this commercial real estate located?
    The property is located at 722 Kansas Ave Topeka, KS.
    What is the asking price?
    The asking price for this property is $499,000.
    (888) 220-0988
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    722 Kansas Ave Topeka, KS 66603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    722 Kansas Ave Topeka, KS 66603
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