600 Quincy StTopeka, KS 66603

Property Details for 600 Quincy St

Year built

1970

Lot size

0.51 AC

Zone code

C5

Property type

Gas stations

APN

109-31-0-40-01-002.00

APU

109310400100200

Description

This exceptional 4,860 square foot commercial property presents a unique opportunity for businesses seeking a flexible office and/or retail space in the heart of downtown Topeka. Located at 600 SE Quincy, this Class C building, constructed in 1970, sits on a generous 22,137 square foot lot and is zoned C5, allowing for a variety of uses. The property's convenient location offers high visibility and accessibility, benefiting from its connection to a nearby gas station, ensuring consistent foot traffic and exposure. The building's multiple tenancy configuration provides flexibility for businesses of varying sizes, allowing for expansion or division as needed. Ideal for a range of businesses, this property offers a blend of established infrastructure and significant potential for growth within a thriving urban environment. The substantial lot size also presents possibilities for future expansion or development. This is a rare chance to acquire a well-situated commercial property in a dynamic downtown area, offering both immediate occupancy and long-term investment potential. The property's existing infrastructure and zoning provide a solid foundation for a variety of business ventures. Don't miss this chance to establish your business in a prime Topeka location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,716,593

  6.5%

  $5,276,855

  7%

  $4,899,937

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,037,726

  Geo Method

  $4,037,726

• Alternative Use

  Use

  Valuation

  Residential

  $4,451,225

  Hospitality

  $4,077,298

  Educational

  $3,392,264

  Medical

  $3,508,929

  Retail

  $5,276,855

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0509

Longitude

-95.6716

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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