Listed by Kansas Commercial Real Estate Services Inc
$4,500,000
The New England Building
Details
Property Type Office
Sub Type Executive Office, Traditional Office
Square Footage 92,198
Occupancy 100%
Tenancy Multi
Lease Expiration 01/31/2030
Year Built 1911
Year Renovated 2020
Buildings 1
Stories 6
Zoning C5
PRICE REDUCTION! I 100% Occupied Office Building | 92,198 SF
Marketing description
A 92,198+/- SF office building in downtown Topeka, Kansas. This six-story building was built in 1911 and has been renovated many times over the years with the most recent being in 2020.
The New England Building is in an Opportunity Zone, offering significant tax advantages to investors. One of the key benefits is the ability to temporarily defer taxes on capital gains that have already been earned, providing a potential for tax savings in short term. The Kansas Department of Aging and Disability Services and the Kansas Department for Children and Families lease 100% of the building. They recently extended their leases to January 31, 2030.
Listing Contacts
Listed by Kansas Commercial Real Estate Services Inc
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