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Downtown Topeka Redevelopment Opportunity
For Sale
$820,000

400 SE 8th Ave, Topeka, KS 66607

2.54 acre site near Interstate 70 in Topeka.

Property SizeContact for details
Lot Size2.54 Acres
Days on Market208

Property Features for 400 SE 8th Ave

General Information

Standard status Active
Lot size 2.54 Acres
Property subtype Vacant Land
Listing Agency: Griffith & Blair Commercial
Listed By: Scott Boling · License #422002683
Source: Stoneandstory
Added: Mar 27 Changed: Oct 3 Last Checked: Oct 7 at 5:03PM

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 Griffith & Blair Commercial

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Investment Insights

Based on property information with market context.

This 2.54± acre property at 400 SE 8th Avenue in downtown Topeka presents a redevelopment opportunity. Zoned D1 – Planned Development District, the 110,536 SF site is located adjacent to the Cyrus K. Holliday Office Building. Currently configured as a surface parking facility with approximately 250 spaces, it offers potential interim income during planning and development. The property's location adjacent to Interstate 70, a major east-west corridor with approximately 40,000 vehicles per day, provides regional connectivity and visibility. Its proximity to state and municipal office buildings supports daytime employment activity, while increasing residential density contributes to evening demand, including The Hutch, a 192-unit luxury residential development, and the 250-unit Union at Tower District residential community. Located within the Downtown TIF District and an NRP At-Risk Area, Industrial Revenue Bonds (IRBs) may be explored. Potential uses include fuel/convenience retail, hospitality, office, coffee shop, quick-service restaurant concepts, and mixed-use development. Utilities are believed to be available in the vicinity. Future property taxes will be determined after transfer to private ownership.

Key Highlights

  • Prime 2.54± acre downtown redevelopment opportunity.
  • Zoned D1 – Planned Development District, allowing for diverse potential uses.
  • Strategically located adjacent to Interstate 70 with high visibility (40,000 vehicles/day).

Property Analytics

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Suggested Use

Top Pick Dental Office Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store Veterinary Clinic

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

2,079
Businesses Nearby

Demographics for 66607, KS

10,414
Population
3,933
Households
2.6
Avg Household Size
34
Median Age
7%
College-Educated
81%
High-School Grad
7.0 sq mi
ZIP Area
1,488
Density / Sq Mi
$28,791
Median Household Income
$27,606
Median Earnings
$804
Median Rent
$45,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - 2.54 acre site near Interstate 70 in Topeka.
Where is this commercial land located?
The property is located at 400 SE 8th Ave Topeka, KS.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Prime 2.54± acre downtown redevelopment opportunity.; Zoned D1 – Planned Development District, allowing for diverse potential uses.; Strategically located adjacent to Interstate 70 with high visibility (40,000 vehicles/day).
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