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    Property profile & analytics
    FOR SALE
    Retail space

    722 SW Kansas Ave, Topeka, KS 66603

    0.09 ac lot Built 1900
    Individually Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US33-0915691
    Property summary
    AI-generated overview

    This exceptional 7500+ square foot commercial building, located at 722 SW Kansas Ave in the heart of downtown Topeka, Kansas, presents a remarkable opportunity for a variety of businesses. Situated just half a block from Evergy Plaza, this property boasts a prime location with high visibility and foot traffic. The building is currently home to a successful business, demonstrating its inherent viability. Its solid structure and excellent condition are immediately apparent, offering a clean and move-in ready space. The versatile layout includes a large storefront with a double entry, allowing for a welcoming lobby area on the main level. Additional office space or even an apartment is possible on the upper floor. Both levels feature convenient men's and women's restrooms. A spacious banquet or private party room upstairs offers further flexibility, potentially serving as additional office space. Ample storage is provided by a large storage room and a utility room. The building is equipped with a high-efficiency HVAC system on both levels, ensuring comfortable year-round operation. This property's adaptability, central location, and existing infrastructure make it an ideal investment for entrepreneurs seeking a thriving downtown Topeka presence. The asking price is $499,000.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1900
    Lot 0.09 ac (3,750 SF)
    Zoning code C5
    APN 109-31-0-40-07-009.00
    UPID US33-0915691
    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
    Current use
    Occupant on record · Public records
    • Classic Bean Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Jullann R Earl · 9 yrs held
    Jullann R Earl
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    C5 · Topeka, KS
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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