713 Kansas Ave Topeka, KS 66603
This exceptional 7,176 square foot commercial property, located at 713 S. Kansas Avenue in Topeka, Kansas (zip code 66603), presents a unique investment opportunity. The building, constructed in 1910 and boasting a Class B rating, offers a blend of retail and office space within a vibrant downtown setting. Currently, a significant portion of the building, totaling 3,353 square feet, is available for lease. The property features a captivating storefront design, reflecting its rich history and classic turn-of-the-century architectural details. The building's zoning is C-5 Commercial, allowing for a wide range of uses. Beyond the ground floor retail space, the upper floors (2nd, 3rd, and 4th) house office and condo units, adding to the property's diverse income potential. The generous lot size of 24,800 square feet provides ample space for expansion or outdoor amenities. This multi-tenant building is situated in a prime downtown location, offering excellent visibility and accessibility. The property's historical charm combined with its versatile layout and central location makes it an ideal investment for discerning buyers seeking a profitable and character-filled commercial asset.
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Delv Construction General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.