1334 SW Buchanan St Topeka, KS 66604
For Sale
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This exceptional 12,827 square foot commercial building in Topeka, Kansas, presents a unique investment opportunity. Located at 1334 SW Buchanan St, the property boasts a rich history, having previously served as an assisted living facility and, more recently, a psychological hospital. Its versatile layout offers significant potential for a variety of uses. The building is equipped with a range of desirable features, including on-site backup power generation, ensuring business continuity during outages. Safety is prioritized with an indoor fire sprinkler system and a newer fire control panel. The spacious interior is well-suited for both private and double occupancy rooms, along with ample office and administrative workspace. An outdoor patio provides a pleasant amenity, while on-site laundry capabilities add to the property's convenience. The building's substantial size and comprehensive amenities make it an ideal candidate for a wide range of commercial ventures. This property represents a compelling investment opportunity in a thriving Kansas market. The asking price is $1,000,000. The lot size is zero acres. Serious inquiries are encouraged.
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Anti-Aging Testosterone and HGH Therapy Clinic Medical Clinic
This district is established to provide for the use of detached single-family dwellings together with specified accessory uses and other uses as may be approved
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R2 · Topeka, KSThis district is established to provide for the use of detached single-family dwellings together with specified accessory uses and other uses as may be approved
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
