Search
Historic Topeka Buildings For Lease
For Lease
Contact for pricing

627 S Kansas Ave, Topeka, KS 66603

85,000 SF historic buildings with retail and multifamily potential.

Space Size19,985 SF - 23,300 SF
Property Size86,000 SF
Days on Market555

Property Features for 627 S Kansas Ave

General Information

Standard status Active
Size 19,985 SF - 23,300 SF
Class B
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 86,000 SF
Year Built 1925
Tenancy Multiple

Spaces For Lease

at 627 S Kansas Ave Contact us

Lower Level

Size
23,300 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

1st Floor

Size
22,500 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

2nd Floor

Size
19,985 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us

3rd Floor

Size
20,041 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Haith & Company Realtors
Listed By: Josh Haith · License #2011012354
Source: Crexi
Added: Feb 12, 2025 Changed: Aug 19 Last Checked: Aug 20 at 8:52AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Haith & Company Realtors

Investment Insights

Based on property information with market context.

Three historic buildings totaling 85,000 square feet are available for sale or lease. Located at 627-635 S. Kansas Avenue in Topeka, KS, within the South Kansas Avenue Commercial Historic District, the property offers first-floor retail and restaurant space. It also presents a prime multifamily development opportunity. A negotiable lease structure is available, with substantial tenant improvements for qualifying tenants. New Class-A office, lab, and retail space is available. A rooftop can be built out for a credit tenant with a term lease. Turnkey custom build-outs are available for credit tenants. Leasable suites range from 20,000 to 85,000 square feet, with rents starting at $18 per square foot. The sale price is $1,990,000. The property is pre-approved for Federal & State Historic Tax Credits (HTC). The zoning is C5.

Key Highlights

  • Prime Multifamily Redevelopment Opportunity in the Heart of Topeka
  • Pre‑Approved for Federal & State Historic Tax Credits (HTC)
  • 85,000 SF Across 3 Historic Buildings in the South Kansas Avenue Commercial Historic District

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Catering Service Bakery Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,940
Businesses Nearby

Demographics for 66603, KS

1,569
Population
1,151
Households
1.4
Avg Household Size
38
Median Age
17%
College-Educated
91%
High-School Grad
0.9 sq mi
ZIP Area
1,743
Density / Sq Mi
$38,992
Median Household Income
$25,556
Median Earnings
$593
Median Rent
$91,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - 85,000 SF historic buildings with retail and multifamily potential.
Where is this retail space located?
The property is located at 627 S Kansas Ave Topeka, KS.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime Multifamily Redevelopment Opportunity in the Heart of Topeka; Pre‑Approved for Federal & State Historic Tax Credits (HTC); 85,000 SF Across 3 Historic Buildings in the South Kansas Avenue Commercial Historic District
(913) 888-3456 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message