400 SE 8th Ave Ave, Topeka, KS

Land for Sale - $820,000


Agent Info

Scott Boling
Coldwell Banker American Home

Property Info

CIMLS#1187962
Location
  400 SE 8th Ave Ave
  Topeka KS 66607
UpdatedFebruary 21st, 2026
TypeLand
Price$820,000

Property 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. 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.


Financials