404 9Th StTopeka, KS 66612

Property Details for 404 9Th St

Year built

1914

Lot size

0.55 AC

Zone code

OI2

Property type

Office buildings

APN

109-31-0-30-07-006.01

APU

109310300700601

Description

The Dillon House, a stunning three-story Italian Renaissance Revival building (11,624 square feet), presents a unique opportunity in the heart of Topeka, Kansas. Located at 404 SW 9th St, this historically significant property, listed on the National Register of Historic Places, sits directly adjacent to the Kansas State Capitol Building. Its versatile layout offers a blend of retail, office, and special purpose spaces, ideal for a variety of businesses. The building previously served as a reception hall and conference facility, with office spaces occupying the upper floors. The 0.54-acre lot provides ample space, complemented by 22 on-site parking spaces. The property is zoned O12 and is currently available for multiple tenants. This exceptional building offers a prestigious address and a rich history, making it an ideal location for businesses seeking a unique and memorable space. The building's size and layout provide flexibility for various configurations, catering to diverse business needs. Its central location offers excellent visibility and accessibility, with proximity to the state capitol and other key downtown amenities. This is a rare chance to acquire a landmark property with significant historical value and substantial commercial potential. Inquire today to learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $4,149,257

  6.5%

  $3,830,083

  7%

  $3,556,506

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,709,567

  Geo Method

  $1,709,567

• Alternative Use

  Use

  Valuation

  Residential

  $4,749,303

  Hospitality

  $4,350,336

  Educational

  $3,619,428

  Medical

  $3,743,906

  Retail

  $5,630,222

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0489

Longitude

-95.6797

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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