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Iconic Topeka Water Tower Opportunity
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1121 SE QUINCY ST, Topeka, KS 66612

Unique redevelopment opportunity in downtown Topeka with historic water tower.

Property SizeContact for details
Lot Size0.99 Acres
Days on Market103

Property Features for 1121 SE QUINCY ST

General Information

Standard status Active
Lot size 0.99 Acres
Property subtype Mixed Use, Land
Zoning D1
Investment Type Redevelopment

Building Details

Year Built 1942
Buildings 1
Listing Agency: Coldwell Banker Commercial Griffith & Blair
Listed By: Scott Boling · License #00247210
Source: Crexi
Added: May 21 Changed: Aug 14 Last Checked: Aug 28 at 9:18PM

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 Coldwell Banker Commercial Griffith & Blair

Investment Insights

Based on property information with market context.

Located in the heart of downtown Topeka, the property at 1121 SE Quincy Street features a historic reinforced concrete water tower, constructed circa 1942. The tower measures 89.5 feet in outside diameter and 152.5 feet in height. Constructed during World War II, the structure's unique scale and construction present an uncommon opportunity for creative reuse, such as an indoor recreational use, observation tower, event venue, or arts and cultural installation. The 43,125 square foot parcel is zoned D1, allowing residential, office, civic, and commercial retail or service uses. The property benefits from its proximity to state and municipal office buildings, the Kansas Avenue retail and entertainment corridor, and a growing residential presence. The Union at Tower District, a 250-unit residential community, is located directly across the street. The Hutch, a 192-unit luxury residential development, is slated to begin construction late 2026. The site also includes approximately 21,750 square feet of asphalt paving with base, with approximately 46 parking spaces currently offered on month-to-month leases. The property is located within the Downtown TIF District and an NRP At-Risk Area. Industrial Revenue Bonds (IRBs) may be explored depending on project scope and City approval. Above-ground and underground storage tanks are conveyed in as-is condition. Offers to continue use of the parcel as a surface parking lot, or proposals that do not include demolition or beneficial reuse of the existing water tower, will not be accepted.

Key Highlights

  • Unique redevelopment opportunity: Iconic, historic water tower (circa 1942) on a large downtown parcel, offering uncommon potential for creative reuse.
  • Durable and historically significant structure: Reinforced concrete construction, survived the 1966 Topeka F5 tornado.
  • Favorable zoning and location: Zoned D1 allowing for residential, office, civic, and commercial uses, located in the heart of downtown Topeka.

Property Analytics

Current Use

Water Tower Lot Parking Lot & Garage

Suggested Use

Top Pick Dental Office Building Supply Grocery & Convenience Store Carpet & Flooring Store Bakery Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,836
Businesses Nearby
45k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 97% Shops & Services 3%
McDonald's Dining
27,176 visits/mo 0.1 miles
Wendy's Dining
12,612 visits/mo 0.5 miles
Domino's Pizza Dining
2,675 visits/mo 0.5 miles
China Express Dining
1,249 visits/mo 0.4 miles
Intrust Bank Shops & Services
658 visits/mo 0.3 miles

Demographics for 66612, KS

2,097
Population
1,541
Households
1.4
Avg Household Size
43
Median Age
16%
College-Educated
86%
High-School Grad
1.1 sq mi
ZIP Area
1,906
Density / Sq Mi
$26,338
Median Household Income
$30,949
Median Earnings
$706
Median Rent

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Unique redevelopment opportunity in downtown Topeka with historic water tower.
Where is this commercial land located?
The property is located at 1121 SE QUINCY ST Topeka, KS.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Unique redevelopment opportunity: Iconic, historic water tower (circa 1942) on a large downtown parcel, offering uncommon potential for creative reuse.; Durable and historically significant structure: Reinforced concrete construction, survived the 1966 Topeka F5 tornado.; Favorable zoning and location: Zoned D1 allowing for residential, office, civic, and commercial uses, located in the heart of downtown Topeka.
More about this property
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