2614 SW 17th Street, Topeka, KS 66604

Building Details

Buildings 1 More

Listing Agency: Heritage Brokers & Auctioneers

Listed By: Shannon Mesker · License KS #00251858 Show Phone

Source: Crexi

Added: Oct 22 Changed: Nov 9 Last Checked: Nov 9 at 1:49PM

Report an Issue

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 Heritage Brokers & Auctioneers

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Configured for restaurant use, this approximately 3,600 SF property sits on approximately 0.22 acres and includes a commercial exhaust hood, an Ansul fire suppression system, two walk-in coolers, digital menu boards, and a sound system. Basement storage adds to the existing layout. Improvements also include a rubber membrane roof and an asphalt parking area that has been resurfaced.

The property is on SW 17th Street in Topeka, approximately two blocks from Washburn University. C-2 Commercial zoning allows for restaurant and other commercial use.

Key Highlights

• Approximately 3,600 SF restaurant property on approximately 0.22 acres
• C‑2 Commercial zoning
• Commercial exhaust hood and Ansul fire suppression system

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$25,888

Cap Rate

6.90%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$517,760 $517.8K

Cap Rate 7%

$369,829 $369.8K

Cap Rate 9%

$287,644 $287.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,600 SF

Gross rent

$36.7K $10.20/SF

− Vacancy

−$2.2K −$0.61/SF

EGI

$34.5K $9.59/SF

− OpEx

−$8.6K −$2.40/SF

NOI

$25.9K $7.19/SF

Area

Topeka, KS

Vacancy

6.00%

Lease Rate

$10.20 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$517,760

Cap Rate 7%

$369,829

Cap Rate 9%

$287,644

Alternative Uses

Best Use

Specialty Retail

$369.8K

$323.6K – $431.5K (±1% cap)

NOI $25,888 @ 7.0% cap · market cap 6.90%

Second Best

—

—

no second resolved use

Theoretical Best

Self Storage

$406.1K

$355.3K – $473.8K (±1% cap)

NOI $28,426 @ 7.0% cap · market cap 7.58%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Fuzzy's Taco Shop Restaurant

Suggested Use

Top Pick Dental Office Auto Repair Shop Building Supply Big Box & Wholesale Store Hair Salon HVAC 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.

Lease Details

Yes

Commercial hood

Location Intelligence

Trade Area within ½ mile

462

Businesses Nearby

6k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 100%

Dairy Queen Dining

5,524 visits/mo 0.0 miles

Demographics for 66604, KS

22,933

Population

10,820

Households

2.1

Avg Household Size

38

Median Age

35%

College-Educated

93%

High-School Grad

6.8 sq mi

ZIP Area

3,373

Density / Sq Mi

$59,690

Median Household Income

$39,270

Median Earnings

$1,032

Median Rent

$126,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Sale Nearby

See more

Freestanding Applebee’s Restaurant

5928 Southwest 17th Street, Topeka, KS 66604

Contact for pricing

5,056 SF

View details

Former Restaurant on Busy Street

201 SW 29th St, Topeka, KS 66611

Contact for pricing

8,442 SF

View details

Freestanding Restaurant Property

2215 Southwest Wanamaker Road, Topeka, KS 66614

Contact for pricing

9,775 SF

View details

Remodeled Flex Space with Overhead Doors

5100 S Topeka BLVD, Topeka, KS 66609

$550,000

View details

Walk-Out Duplex Ranch

1143 SW Red Oaks PL, Topeka, KS 66615

$290,000

2,617 SF

View details

Ranch-Style Specialty Property

5325 NW Lana CT, Topeka, KS 66618

$304,000

2,481 SF

View details

Mixed-Use Office Building with Apartment

4105 SW 29th ST, Topeka, KS 66614

$349,950

View details

Corner Warehouse with Loading Dock

1435 SE Madison ST, Topeka, KS 66607

$109,000

View details

Three-Bedroom Duplex with Garage

5616 SW Barrington Ct S, Topeka, KS 66614

$244,900

2,187 SF

View details

Washburn Rural Twin Home

1020 Red Oaks Place, Topeka, KS 66615

$274,900

15,682.00 Acres

View details

Topeka Commercial Property For Sale

3406 SW Topeka Blvd, Topeka, KS 66611

Contact for pricing

3,656 SF

View details

Occupied Triplex With Off-Street Parking

921 SW 10th Ave, Topeka, KS 66604

$160,000

0.17 Acres

View details

Frequently Asked Questions

What type of property is this?

Conventional restaurant - C-2 Commercial zoning supports restaurant operations and other commercial use.

Where is this conventional restaurant located?

The property is located at 2614 SW 17th Street Topeka, KS.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: Approximately 3,600 SF restaurant property on approximately 0.22 acres; C‑2 Commercial zoning; Commercial exhaust hood and Ansul fire suppression system