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$820,000 (USD)
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Topeka Area Land

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400 SE 8th Ave Topeka, KS 66607

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MLS# 243073
400 SE 8th Avenue – 2.54± Acres – Downtown Topeka. Prime 110,536 SF (2.54± acre) redevelopment opportunity located directly adjacent to the City’s Cyrus K. Holliday Office Building and zoned D1 – Planned Development District. The site is currently configured as a surface parking facility with room for approximately 250 parking spaces based on overall site configuration, providing potential interim income during planning, entitlement, and development stages. Strategically positioned adjacent to Interstate 70, a major east-west corridor serving Missouri, Kansas, Colorado and beyond, carrying approximately 40,000 vehicles plus or minus per day through metro Topeka, the property offers strong regional connectivity and visibility. Proximity to state and municipal office buildings supports consistent daytime employment activity, while increasing residential density within the downtown core contributes to evening and extended-hour demand, including the approved 192-unit luxury residential development, The Hutch, and the 250-unit Union at Tower District residential community. The property is located within the Downtown TIF District and an NRP At-Risk Area, and Industrial Revenue Bonds (IRBs) may be explored depending on project scope and applicable approvals. Potential uses include fuel/convenience retail, hospitality, office, coffee shop, quick-service restaurant concepts, and mixed-use development, subject to buyer due diligence and approvals. The property is currently publicly owned and tax-exempt; future property taxes will be determined after transfer to private ownership. Utilities are believed to be available in the vicinity; buyer to independently verify access, capacity, and connection requirements. Rare Interstate 70-adjacent downtown redevelopment opportunity with interim income potential.
Listing Courtesy of Sunflower Association of Realtors / Coldwell Banker American Home / Scott Boling
$215,000 (USD)
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Topeka Area Land

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204 SW 5th St Topeka, KS 66603

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0 Baths
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MLS# 242959
Prime Downtown Topeka redevelopment opportunity located at 204 SW 5th Street, near the Kansas State Capitol. This approximately 30,000 SF site is currently configured as a paved surface parking lot and is zoned D1 – Planned Development District, allowing flexibility for commercial, residential, or mixed-use redevelopment. The site is located in the downtown core near state government offices, professional services, and association users, making it well positioned for office, residential, or mixed-use development serving Capitol-related tenants. Nearby area momentum continues with the recently approved $50M luxury residential development “The Hutch,” planned just a few blocks south near 6th & Van Buren, which is expected to include approximately 192 residential units, ground-floor boutique retail, and amenity space with construction projected to begin Q3 2026. Potential incentive programs may include Neighborhood Revitalization Program (NRP), Downtown TIF participation, and potential Industrial Revenue Bond (IRB) financing, depending on project scope and City approval. The property currently generates parking income and may support interim holding strategies while redevelopment plans are finalized. Phase I and Phase II Environmental Site Assessment reports have been completed and are included in the listing documents. Property is currently publicly owned and tax-exempt. Future property taxes will be determined following transfer to private ownership
Listing Courtesy of Sunflower Association of Realtors / Coldwell Banker American Home / Scott Boling