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Listed by Scott Boling • Griffith & Blair Commercial
$ 500,000
Est. payment | /mo
$ 500,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Shawnee County
MLS Listing ID 238618
Year Built 1962
Annual Tax Amount $7,498
Lot Dimensions 1.58 acres
Property Sub-Type Commercial
Source sunflower
Property Description
Prime Commercial Property with Development Potential Near Major Interstate! Exceptional investment opportunity with high visibility and flexible development potential! This property currently includes an operating motel with an on-site manager's residence, offering immediate income while you plan for future redevelopment or expansion. Situated near a major interstate and key city thoroughfare, the site benefits from strong daily traffic counts, excellent accessibility, and proximity to growing commercial activity. With ample land area, this location is ideal for retail, hospitality, or mixed-use development. Located within a designated Tax Increment Financing (TIF) district, the property may also qualify for tax incentives, adding to its long-term investment appeal. Key Highlights: High-Visibility Location: Positioned near a major interstate with strong traffic counts and commercial growth. Versatile Use Potential: Ample land suitable for retail, hospitality, or mixed-use redevelopment. Existing Improvements: Operating motel and on-site manager's quarters provide holding income and flexibility. TIF District Benefits: Potential tax advantages enhance the investment value. This property offers both immediate utility and exceptional long-term upside. Contact us today for additional details or to schedule a private showing.
Location
State KS
County Shawnee County
Zoning C-4 Commercial
Direction Take SW Topeka BLVD to the property on the east side of the Blvd.
Interior
Fireplace No
Exterior
Parking Features Parking Lot, Parking Pad, Paved
Utilities Available Electricity Available, Natural Gas Available
Total Parking Spaces 17
Building
Lot Description Free Standing
Faces Take SW Topeka BLVD to the property on the east side of the Blvd.
Sewer Public Sewer
Others
Tax ID R39066
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Alan Jhossua Morales
Agent