720 Kansas AveTopeka, KS 66603

Property Details for 720 Kansas Ave

Year built

1900

Lot size

0.17 AC

Zone code

C5

Property type

Retail space

APN

109-31-0-40-07-008.00

APU

109310400700800

Description

This exceptional Class A creative office space, located at 720 S Kansas Ave in Topeka, Kansas, offers a unique blend of modern design and historical charm. The 2,833 square foot space is situated on the first floor of a three-story building, totaling 14,400 square feet, and is part of a multi-tenant building with only two total suites. Built in 2017, this property boasts impressive architectural details including high ceilings and exposed limestone walls, creating a sophisticated and inspiring work environment. The building is zoned C-5 Commercial, allowing for a variety of uses. The space is a "warm shell" offering flexibility for tenant build-out. A standout feature is the unique design incorporating windows that transform into balconies, providing ample natural light and outdoor access. The property also features a rooftop deck, offering tenants a unique amenity. The lot size is 3,750 square feet. This prime location in Topeka, KS (zip code 66603) offers excellent visibility and accessibility. The minimum divisible space is 2,833 square feet, with a maximum contiguous space of 2,988 square feet. This is an exceptional opportunity for a business seeking a distinctive and functional office space in a vibrant urban setting.

• CAP approach

  CAP return

  Valuation

  6%

  $1,914,035

  6.5%

  $1,766,802

  7%

  $1,640,602

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,351,917

  Geo Method

  $1,351,917

• Alternative Use

  Use

  Valuation

  Residential

  $1,490,363

  Hospitality

  $1,365,165

  Educational

  $1,135,801

  Medical

  $1,174,863

  Retail

  $1,766,802

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0494

Longitude

-95.6738

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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