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29794706
29794707

400 SE 8th Ave, Topeka, KS 66607

SB
KS 00247210, MO 2025041081
Coldwell Banker Commercial Griffith & Blair
Listed by Coldwell Banker Commercial Griffith & Blair
$820,000
107 days on market
Updated 7 days ago
Opportunity zone

400 SE 8th Ave

Details
APN R27007
Property Type Land, Multifamily
Sub Type Commercial, Apartment Building (+1)
Square Footage 110,536
Price per SqFt $7
Acreage 2.540
Zoning D1
Investment Type Redevelopment

Prime Interstate 70 Redevelopment Site | Downtown Topeka | Incentive Positioned

Marketing description

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. Rare Interstate 70-adjacent downtown redevelopment opportunity with interim income potential. Property is currently publicly owned and tax-exempt; future property taxes will be determined following transfer to private ownership. Utilities are believed to be available in the vicinity; buyer to independently verify access, capacity, and connection requirements. Existing sanitary sewer lines are believed to be present on or near the property. Buyers should perform their own due diligence regarding locations and potential impacts.

Investment highlights

  1. 2.54± Acres (110,536 SF)

  2. Zoned D1 – Planned Development District

  3. Room for approximately 250 parking spaces (based on site configuration)

  4. Potential interim parking income during development planning

  5. Directly adjacent to the City’s Cyrus K. Holliday Office Building

  6. Near additional state & municipal office buildings

  7. Adjacent to Interstate 70

  8. Approximately 40,000 vehicles plus or minus per day through metro Topeka

  9. Just blocks from downtown core

  10. Downtown residential growth supported by The Hutch (192-unit luxury development)

  11. Additional 250-unit Union at Tower District residential community underway

  12. Limited downtown fuel & convenience competition

  13. Balanced daytime and evening activity drivers

  14. Located within Downtown TIF and NRP At-Risk Area

  15. IRB eligibility potential (subject to project approval)

  16. Flexible redevelopment opportunity

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Listing Contacts

SB
KS 00247210, MO 2025041081
Coldwell Banker Commercial Griffith & Blair
Listed by Coldwell Banker Commercial Griffith & Blair

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Additional Information

Name
Scott Boling
License
00247210
Brokerage Phone
7854718737
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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