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For Lease
Property summary
This exceptional 4,337-square-foot restaurant space, located at 2949 S. Kansas Avenue in Topeka, Kansas, presents a unique investment opportunity. Built in 1967 and renovated in 2000, the single-story building sits on a 0.37-acre lot and offers ample parking for 15 or more vehicles. The property is zoned I-1 (Light Industrial), providing flexibility for various uses. The previous tenant operated a restaurant, and the current owner is offering a "vanilla shell" to any new tenant. This includes a new HVAC system, updated electrical services, and either repaired or new plumbing, ensuring a move-in ready space. The location is highly desirable, situated on Kansas Avenue near 29th Street, providing excellent visibility and proximity to numerous local and national restaurants, retailers, and businesses. This property offers a strong foundation for a thriving restaurant or similar business, benefiting from its convenient location and the improvements offered by the seller. The building features a total of 4,337 square feet of space, making it suitable for a variety of concepts. With its convenient location and the seller's commitment to providing a renovated space, this property represents a compelling opportunity for a new business to establish itself in a vibrant Topeka market. The property's address is 2949 S. Kansas Ave, Topeka, KS 66611.
Property profile
VerifiedCap rate & NOI
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
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Value estimation
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Cap rate
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Price sensitivity
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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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