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    201 29Th St Topeka, KS 66611

    For Sale
    $795,000

    Prime Topeka location, vacant restaurant, 8,442 sq ft.

    Property size:
    8,442 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This 8,442 square foot vacant restaurant building presents a unique redevelopment opportunity in Topeka, Kansas. Located at 201 SW 29th St, this single-story, Class C property boasts a prominent street-facing position on busy 29th Street, just west of Topeka Boulevard, ensuring high visibility and significant drive-by traffic. Built in 1972, the building sits on a 1.62-acre lot and features a grand entrance with a wood-framed canopy, enhancing its curb appeal. Ample parking is available with 151 spaces, ensuring convenient access for customers. The property is zoned C4, offering flexibility for various commercial uses. Vacant since February 6, 2023, this owner-user investment opportunity allows for complete customization and redevelopment to suit your specific business needs. The property's strategic location offers excellent demographics and proximity to public transportation, further enhancing its appeal. This is an exceptional chance to acquire a substantial commercial property in a thriving area of Topeka. The asking price is $795,000, translating to $94.17 per square foot.

    Property Features for 201 29Th St

    General Information

    Property type
    Restaurants
    Square Feet
    8,442 SF
    Class
    C
    Lot Size
    70,567 SF

    Building Details

    Year Built
    1972
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • $795,000 asking price for this 8,442 SF vacant restaurant building.
    • Located at 201 SW 29th St, Topeka, KS 66611, on a 1.62‑acre lot with 151 parking spaces.
    • Single‑tenant, Class C retail property, built in 1972, with C4 zoning.
    • Former full‑service restaurant with high visibility on 29th Street, near Topeka Blvd and public transportation.
    • Owner/user redevelopment opportunity; vacant since February 6, 2023.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Church's Texas Chicken Chicken Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office 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
    -95.684294984894
    Latitude
    39.014975396482

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    FAQs

    What type of property is this?
    Restaurant - Prime Topeka location, vacant restaurant, 8,442 sq ft.
    Where is this restaurant located?
    The property is located at 201 29Th St Topeka, KS.
    What is the asking price?
    The asking price for this property is $795,000.
    What are key features of this property?
    This property features: $795,000 asking price for this 8,442 SF vacant restaurant building.; Located at 201 SW 29th St, Topeka, KS 66611, on a 1.62-acre lot with 151 parking spaces.; Single-tenant, Class C retail property, built in 1972, with C4 zoning.
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    Topeka, KS 66611
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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
    201 29Th St Topeka, KS 66611
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