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    112 8Th Ave Topeka, KS 66603

    For Sale
    $1,250,000

    23,820 SF, Downtown Topeka Gem

    Property size:
    23,820 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    The Thacher Building, a stunning three-story structure in downtown Topeka, Kansas (66603), presents a unique investment opportunity. Built in 1888 and extensively renovated in 2008, this 23,820-square-foot building boasts a versatile layout ideal for a variety of uses. The first two floors offer 6,404 square feet each, perfect for retail or restaurant spaces, while the upper two floors (5,506 square feet each) provide ample office or studio space. High ceilings (14'-18') add to the building's character. The property is zoned C5 and features convenient alley access with parking, a sprinkler system, and an elevator. This vacant building offers significant potential for adaptive reuse, accommodating concepts ranging from traditional retail to creative maker spaces, or even loft-style residential living. The asking price is $1,250,000. The building consists of one structure with a total of 23,820 net rentable square feet.

    Property Features for 112 8Th Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    23,820 SF

    Building Details

    Year Built/Renovated
    1888/2008
    Buildings
    1
    Stories
    3

    HighLights

    • $1,250,000 asking price.
    • 23,820 square feet of office and retail space.
    • NNN lease available.
    • Currently vacant.
    • Three‑story building, constructed in 1888 and renovated in 2008.
    • Located at 112 SE 8th Ave, Topeka, KS 66603, with C5 zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gizmo Pictures Video Production Service Brandy Harper Photographer Photography Studio

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Hair Salon Auto Repair Shop 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
    -95.6737642
    Latitude
    39.0488413

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    FAQs

    What type of property is this?
    Individual retail property - 23,820 SF, Downtown Topeka Gem
    Where is this individual retail property located?
    The property is located at 112 8Th Ave Topeka, KS.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price.; 23,820 square feet of office and retail space.; NNN lease available.
    Request Owner's contact information
    112 8Th Ave 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
    112 8Th Ave Topeka, KS 66603
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