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Property profile & analytics
OFF-MARKET
Retail space

718 Kansas Ave Topeka, KS 66603-3808

0.17 ac lot Built 1900
Entity Owned 7-yr Hold Free & Clear
Property ID
US33-0969250
Property summary
AI-generated overview

This 8,186 square foot, three-story retail building located at 718 S Kansas Ave in Topeka, Kansas (zip code 66603) presents a unique opportunity. Originally constructed in 1900 and extensively renovated in 2017, the property is zoned C5 and currently offers a mix of occupied and vacant space. A significant portion, 3,478 square feet, is currently vacant, providing ample room for a new tenant or expansion. The building's previous use as a Jersey Mike's sandwich shop makes it ideally suited for a similar fast-casual restaurant concept. Key features include abundant natural light, high ceilings, and existing walk-in cooler and freezer units, all in excellent condition. The multiple tenancy structure allows for flexibility in leasing arrangements. This prime downtown Topeka location offers high visibility and easy access for customers. The property's history and recent renovations combine to create a unique and attractive space for a discerning restaurant operator. This is an exceptional opportunity to establish a thriving business in a vibrant urban setting.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Lot 0.17 ac (7,500 SF)
Zoning code C5
APN 109-31-0-40-07-007.00
UPID US33-0969250
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
718 Kansas LLC · 7 yrs held
718 Kansas LLC
since 2019
2 recorded transactions
2019
Price N/A
2016
Price N/A
Zoning & alternative use
C5 · Topeka, KS
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source Welcome to Topeka, KS
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