204 SW 5th St Topeka, KS 66603
Listing Courtesy of: Sunflower Association of Realtors / Coldwell Banker American Home / Scott Boling

  204 SW 5th St Topeka, KS 66603

Active (1 Days)
$215,000 (USD)

Description

Prime Downtown Topeka redevelopment opportunity located at 204 SW 5th Street, near the Kansas State Capitol. This approximately 30,000 SF site is currently configured as a paved surface parking lot and is zoned D1 – Planned Development District, allowing flexibility for commercial, residential, or mixed-use redevelopment. The site is located in the downtown core near state government offices, professional services, and association users, making it well positioned for office, residential, or mixed-use development serving Capitol-related tenants. Nearby area momentum continues with the recently approved $50M luxury mixed-use development “The Hutch,” planned just a few blocks south near 6th & Van Buren, which is expected to include approximately 192 residential units, ground-floor retail, and amenity space with construction projected to begin Q3 2026. Potential incentive programs may include Neighborhood Revitalization Program (NRP), Downtown TIF participation, and potential Industrial Revenue Bond (IRB) financing, depending on project scope and City approval. The property currently generates parking income and may support interim holding strategies while redevelopment plans are finalized. Phase I and Phase II Environmental Site Assessment reports have been completed and are included in the listing documents. Property is currently publicly owned and tax-exempt. Future property taxes will be determined following transfer to private ownership

MLS #:
242959
Type
Land
County
Shawnee County

Listed By

Scott Boling, Coldwell Banker American Home
Source
Sunflower Association of Realtors as distributed by MLS Grid
Last checked Feb 10 2026 at 10:35 PM CST
Bathroom Details
Subdivision
  • Original Town
Lot Information
  • Sidewalks
Property Features
  • Level
School Information
  • Elementary School: Meadows Elementary School/Usd 501
  • Middle School: Robinson Middle School/Usd 501
  • High School: Topeka High School/Usd 501
Location
   
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Disclaimer: Listings Courtesy of Sunflower Association of Realtors as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2/10/26 14:35. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. Properties may or may not be listed by the office/agent presenting the information. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information should be independently reviewed and verified for accuracy.