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Prime Commercial Opportunity with Income-Producing Motel 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!
Property Details | ||
---|---|---|
Price | $1,937,287 | |
Lot Size | see docs | |
Subdivision | Shawnee County | |
Lot Description | Free Standing | |
Parking Description | Parking Area, Paved | |
Geographic Data | ||
Directions | Take SW Topeka BLVD to property parcels. | |
County | SNCO Tract 52B (HPS) | |
Address Information | ||
Address | 3732 SW Topeka BLVD | |
Postal Code | 66609 | |
City | Topeka | |
State | KS | |
Country | United States | |
Listing Information | ||
Listing Office | Griffith & Blair Commercial | |
Listing Office Phone | 785-267-8632 | |
Listing Office Email | bryon@cbkansas.com | |
Listing Agent | Scott Boling | |
Listing Agent Phone | 785-267-8632 | |
MLS® Information | ||
MLS® Status | Active | |
Listing Date | Nov 2, 2024 | |
Listing Last Modified | Nov 7, 2024 | |
Tax ID | see docs | |
Tax Annual Amount | 16210 | |
MLS® # | SUN236811 |
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This information is believed to be accurate, but without any warranty.