Topeka Bed and Breakfast
1257 SW Fillmore Street Topeka, KS 66604
For Sale
Contact for pricing
Three fully operational bed and breakfast inns in Topeka, Kansas.
Property Size14,279 SF
Lot Size1.14 Acres
Price / SF$213.60
Days on Market146
Property Features for 1257 SW Fillmore Street
General Information
- Standard status
- Active
- Size
- 14,279 SF
- Lot size
- 1.14 Acres
- Property subtype
- Multifamily
Listing Agency:
Haith & Company Realtors
(913) 888-3456
Listed By:
Josh Haith · License #2011012354
Source:
Crexi
Added: Feb 28
Changed: Jul 10
Last Checked: Jul 24 at 4:49PM
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.
This is a rare opportunity to acquire a portfolio of three fully operational, ready-to-operate bed and breakfast inns in Topeka, Kansas. All three properties are located on SW Fillmore Street and are associated with the iconic Woodward Estate, comprising 14 total guest bedrooms across 14,279 square feet of combined living space plus one additional land parcel. The anchor property, the Chester B. Woodward House at 1272 SW Fillmore Street, is a landmark estate totaling 8,646 square feet on a 0.57-acre lot, inclusive of an additional 0.14-acre parcel to the north suitable for a chapel, tennis court, or other amenity development. It features 7-bedrooms and 8-bathrooms. The two companion properties are the Woodward Executive House at 1257 SW Fillmore Street (3 BR / 3 BA, 2,507 SF, 0.29-acre lot) and the Woodward Max Guest House at 1263 SW Fillmore Street (4 BR / 4 BA, 3,126 SF, 0.28-acre lot). The assemblage is located 1.0 mile from Washburn University, 0.9 miles from the Kansas State Capitol Building, and 1.3 miles from I-70. All furniture, fixtures, and equipment convey with the sale. The properties may be purchased as a portfolio or individually.
Key Highlights
- Portfolio of three fully operational bed and breakfast inns offered as a single purchase.
- Includes the landmark Chester B. Woodward House, a 7‑bedroom, 8‑bathroom estate.
- All furniture, fixtures, and equipment are included in the sale.
Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $205.6k | $14.40 |
| − Vacancy | −$24.7k | −$1.73 |
| EGI | $180.9k | $12.67 |
| − OpEx | −$95.0k | −$6.65 |
| NOI | $85.9k | $6.02 |
14,279 SF · lease $14.40/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.23M
$1.07M – $1.43M
NOI $85,948 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$1.61M
$1.41M – $1.88M
NOI $112,747 @ 7.0% cap · market cap 3.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Bed & breakfasts
Similar Off Market Nearby
- Schoolhouse Rentals — 1125 SW Polk St, Topeka, KS 66612
- House of Ruth Discipleship Home — 1025 SW Western Ave, Topeka, KS 66604
- Oxford House Bellator — 1119 sw 16th st, topeka, ks 66604
- Woodward — 1272 SW Fillmore St, Topeka, KS 66604
- The neighborly corner — 929 sw lindenwood ave, topeka, ks 66606
FAQs
What type of property is this?
Bed & breakfast - Three fully operational bed and breakfast inns in Topeka, Kansas.
Where is this bed & breakfast located?
The property is located at 1257 SW Fillmore Street Topeka, KS.
What is the asking price?
The asking price for this property is $3,050,000.
What are key features of this property?
This property features: Portfolio of three fully operational bed and breakfast inns offered as a single purchase.; Includes the landmark Chester B. Woodward House, a **7‑bedroom, 8‑bathroom estate**.; All furniture, fixtures, and equipment are included in the sale.