2611 17Th StTopeka, KS 66604

Property Details for 2611 17Th St

Year built

1955

Lot size

0.24 AC

Zone code

C2

Property type

Office buildings

APN

141-02-0-40-03-004.00

APU

141020400300400

Description

This exceptional College Park Business District property offers 6,000 square feet of versatile office space, ideal for executive, medical, or creative businesses. Built in 1950 and extensively renovated in 2017, the two-story building boasts 27 parking spaces and is conveniently located near Randolph Ave. Multiple tenancy options are available, with spaces ranging from a minimum of 93 square feet to a maximum contiguous space of 630 square feet. Currently, 843 square feet are vacant and ready for immediate occupancy. Amenities include free utilities, Wi-Fi, parking, and furniture. A complimentary conference room, along with coffee, water filtration, and copy/fax/scan/print services are provided. Evening and weekend access is available, secured by security cameras and an alarm system. Co-working space is also an option. Attractive lease terms are offered, including monthly leases and pre-pay discounts. A $100 Visa gift card is offered with leases of two or more suites. Free signage on the door and video screen is included. Background and criminal checks are required. This centrally located property offers easy access to downtown and Wanamaker, across from Fuzzy's Taco Shop.

• CAP approach

  CAP return

  Valuation

  6%

  $1,779,488

  6.5%

  $1,642,604

  7%

  $1,525,275

• Comparable approach

  Method

  Valuation

  Relative Method

  $733,182

  Geo Method

  $733,182

• Alternative Use

  Use

  Valuation

  Residential

  $2,036,829

  Hospitality

  $1,865,724

  Educational

  $1,552,261

  Medical

  $1,605,646

  Retail

  $2,414,628

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0366

Longitude

-95.7104

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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