1901 Kansas Ave, Topeka, KS 66608-1811
This exceptional Topeka, Kansas, event center presents a unique investment opportunity. Priced at $740,000, this 20,100 square foot facility sits on a 12.78-acre lot (including an additional 1.46 acres on NW Blaine Ave.) and boasts a rich history, evident in preserved Moose Club memorabilia. The single-story, 1954 building underwent extensive renovations between 2016 and 2023, including a new roof. The property is zoned C4, M1, and R1, offering versatility. The interior features multiple event spaces, allowing for simultaneous events. A fully equipped kitchen includes an exhaust hood and coolers. A substantial woodshed contains a large inventory of locally sourced lumber. All existing event contracts will transfer to the new owner. The maximum ceiling height is 12 feet. Note that an on-site cell tower is not included in the sale. This turnkey operation includes all furnishings, fixtures, and equipment, making it an ideal opportunity for immediate revenue generation.
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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
C4, M1 · Topeka, KSTopeka. Always verify with local authorities before improvements.
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.