107 6Th AveTopeka, KS 66603

Property Details for 107 6Th Ave

Year built

1925

Lot size

0.42 AC

Zone code

C5

Property type

Office buildings

APN

109-31-0-10-29-004.00

APU

109310102900400

Description

This exceptional commercial property at 107 SW 6th Avenue in Topeka's vibrant downtown offers a unique opportunity for businesses seeking executive office space. Built in 1925 and extensively renovated in 2017, this 22,420 square foot building boasts a blend of historic charm and modern amenities. The property is zoned C-5 Commercial and situated on a 17,500 square foot lot, providing ample space and visibility. Multiple tenants are currently occupying the building, with flexible suite sizes ranging from a minimum of 2,819 square feet to a maximum contiguous space of 6,510 square feet. The building features multiple entrances and suites, catering to diverse business needs. Modern conveniences include elevators. Its location within the Business Improvement District ensures a thriving and well-maintained environment. This is an ideal location for businesses seeking a prestigious address in the heart of Topeka's commercial district. The property's rich history and recent renovations create a unique and attractive workspace. Inquire today to explore the possibilities of establishing your business in this prime downtown location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,192,502

  6.5%

  $2,946,926

  7%

  $2,736,431

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,315,365

  Geo Method

  $1,315,365

• Alternative Use

  Use

  Valuation

  Residential

  $3,654,188

  Hospitality

  $3,347,216

  Educational

  $2,784,844

  Medical

  $2,880,620

  Retail

  $4,331,980

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0516

Longitude

-95.6742

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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