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3732 SW Topeka Blvd - Motel and Commercial Development Parcels

7.06 Acres of Commercial Land Offered at £1,519,627 in Topeka, KS 66609

Executive Summary

Prime location between two major thoroughfares and close to the interstate. Perfect location for multi-family and retail.

Property Facts

Price £1,519,627
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 7.06 AC

1 Lot Available

Lot

Price £1,519,627
Price Per AC £215,245
Lot Size 7.06 AC

7.06 Acres of Commercially Zoned property with an operating motel which has access from Topeka Blvd and Kansas Ave. See documents for parcel layout and location. It is located in a TIF district.

Description

Prime Commercial Opportunity with Income-Producing Hotel and Development Potential Near Major Interstate! Discover a rare investment opportunity with significant income and development potential! This commercial property includes an established, income-producing motel and multiple parcels with excellent visibility and accessibility. Located just off a major interstate and bordered by two key city thoroughfares, this property benefits from a high daily traffic count and is situated in an area seeing exciting new business growth. With ample land for development, this site offers endless possibilities for retail, hospitality, or mixed-use projects. Located within a designated Tax Increment Financing (TIF) district, the property also qualifies for tax incentives, making it even more attractive for savvy investors looking to maximize their returns. • Location: Close proximity to major interstate and highly visible along two main city routes • Development Potential: Ample land for expansion in an area attracting new businesses • Income-Generating: Established motel with steady revenue stream • High Traffic Count: Excellent exposure and visibility for future development • Tax Incentives: Property is in a TIF district for potential tax advantages Capitalize on this growing area’s momentum and secure a premier location with great income potential and development upside. Contact us today for more information on this exceptional commercial opportunity!

zoning

Zoning Code C4 (This district is intended to provide for commercial uses and activities, which serve as community or regional service areas.)
C4 (This district is intended to provide for commercial uses and activities, which serve as community or regional service areas.)
  • Listing ID: 33744438

  • Date on Market: 04/11/2024

  • Last Updated:

  • Address: 3732 SW Topeka Blvd, Topeka, KS 66609

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