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    320 1St Ave Topeka, KS 66603

    For Sale
    $825,000

    6,400 SF Industrial Property, Topeka, KS

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Topeka, Kansas industrial property, located at 320 W 1st Ave, offers a unique investment opportunity. The 6,400± square foot building comprises 1,600± square feet of office space and 4,800± square feet of warehouse space. Built in 1940 with renovations in 1980, the office area features a slate roof installed in 1993. The warehouse, constructed in 2012, boasts impressive features including a 30-ton bridge crane with a 20-foot hook height, a 20' x 14' drive-in loading door, and a substantial clear height ranging from 28'4" to 33'4". The warehouse features a dirt floor and robust 600-amp, 3-phase electrical service. Situated on a 1.67± acre rocked lot, the property is zoned D-3 (Downtown Mixed-Use District). The asking price is $825,000, translating to $129 per square foot. This property is ideal for a variety of industrial uses and presents a compelling investment opportunity in a desirable location. The property's combination of office and warehouse space, along with its heavy-duty equipment and ample space, makes it a versatile and attractive option for businesses seeking a well-equipped facility in Topeka, Kansas. The Shawnee County location and convenient address provide easy access to transportation and local amenities.

    Property Features for 320 1St Ave

    General Information

    Property type
    Distribution properties

    Building Details

    Year Built/Renovated
    1940/1980

    HighLights

    • 6,400± SF total building area; 1,600± SF office, 4,800± SF industrial space.
    • 30‑ton bridge crane with 20' hook height.
    • 20' x 14' drive‑in loading door.
    • 28'4"-33'4" clear height.
    • 600‑amp, 3‑phase electrical service.
    • Dirt warehouse floor.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Seamless Vinyl Siding Siding Contractor

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Topeka
    County
    Shawnee
    State
    Kansas
    Longitude
    -95.674166
    Latitude
    39.0600126

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    FAQs

    What type of property is this?
    Distribution property - 6,400 SF Industrial Property, Topeka, KS
    Where is this distribution property located?
    The property is located at 320 1St Ave Topeka, KS.
    What is the asking price?
    The asking price for this property is $825,000.
    What are key features of this property?
    This property features: 6,400± SF total building area; 1,600± SF office, 4,800± SF industrial space.; 30-ton bridge crane with 20' hook height.; 20' x 14' drive-in loading door.
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    320 1St Ave Topeka, KS 66603
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    Topeka, KS 66603
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    320 1St Ave Topeka, KS 66603
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