112 8Th AveTopeka, KS 66603

Property Details for 112 8Th Ave

Year built

1888

Lot size

0.18 AC

Zone code

C5

Property type

Office buildings

APN

109-31-0-40-07-017.00

APU

109310400701700

Description

The Thacher Building, a beautifully renovated historic property at 112 SE 8th Ave, Topeka, KS 66603, offers 23,820 square feet of versatile space. Built in 1888 and extensively renovated in 2008, this three-story building boasts four suites ranging from 5,506 to 6,404 square feet. Its C5 zoning allows for a variety of uses, including retail, restaurant, creative office, traditional office, coworking, and executive office spaces. The building's unique character makes it ideal for businesses seeking a distinctive downtown presence. The first two floors are perfect for retail or restaurant concepts, while the upper floors provide ample office or studio space. The potential for adaptive reuse is significant, with possibilities ranging from traditional businesses to modern maker spaces or even loft-style residential units. This iconic Topeka landmark presents a rare opportunity to secure a prominent location in a thriving urban core. The property is available for lease or sale, offering flexibility to suit various business needs. Contact us today to explore the possibilities of this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,361,264

  6.5%

  $1,256,552

  7%

  $1,166,798

• Comparable approach

  Method

  Valuation

  Relative Method

  $560,867

  Geo Method

  $560,867

• Alternative Use

  Use

  Valuation

  Residential

  $1,558,124

  Hospitality

  $1,427,233

  Educational

  $1,187,441

  Medical

  $1,228,279

  Retail

  $1,847,131

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.049

Longitude

-95.6736

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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