132 Van Buren StTopeka, KS 66603

  • Industrial properties
  • 0.51 AC
For Sale
$550,000 View listing

Property Details for 132 Van Buren St

Year built
1930
Lot size
0.51 AC
Zone code
D3
Property type
Industrial properties
APN
109-30-0-40-10-003.00
APU
109300401000300

Description

This exceptional Topeka industrial property, located at 132 NW Van Buren Street, presents a unique investment opportunity. The 17,937± square foot warehouse boasts a substantial 28'6" clear ceiling height in the main production area, ideal for various industrial uses. The building includes 600± square feet of office space, providing ample administrative area. Eight drive-in loading docks ensure efficient material handling. The property features a robust electrical system with heavy power capabilities. Significant upgrades have been implemented throughout the years, including renovations in the 1980s, 1990s, and 2020s. A key feature is the inclusion of a bridge crane system with 5-ton, 7-ton, and 10-ton capacities, spanning the length of the production area and extending to exterior loading. Situated on a 0.52± acre lot, the property is zoned D-3 (Downtown Mixed-Use District), offering flexibility for future development. The asking price is $550,000, translating to approximately $31 per square foot. This well-maintained warehouse, with its impressive features and strategic location in Topeka, Kansas, presents a compelling investment prospect for discerning buyers. The building's history as a limestone fabrication shop speaks to its structural integrity and suitability for heavy industrial applications.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,441,764
    Hospitality
    $4,068,632
    Educational
    $3,385,054
    Medical
    $3,501,472
    Retail
    $5,265,640

Location Insight

City
Topeka
County
Shawnee
State
Kansas
Latitude
39.0603
Longitude
-95.6723
CBSA code
45820
CBSA name
TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,471
-
-
$29,875
-
-
-
$119,500

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