Individually Owned 
For Sale
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Property summary
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 profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is established to provide for a wide range of uses except specified uses which are obnoxious or offensive by reason of odor, dust, smoke, gas or noise
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Topeka market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I1 · Topeka, KSThis district is established to provide for a wide range of uses except specified uses which are obnoxious or offensive by reason of odor, dust, smoke, gas or noise
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is established to provide for a wide range of uses except specified uses which are obnoxious or offensive by reason of odor, dust, smoke, gas or noise
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I1 in Topeka, KS.
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Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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