Commercial Property for Sale in Topeka Kansas 66606
901 SW Robinson, Topeka, Kansas 66606
$7,900,000
Listed Jan 22, 2026
81
Units
About this property
Commercial Property for Sale in Topeka Kansas 66606 is a lodging and hospitality for sale in Topeka, Kansas, listed at $7,900,000. Key details: total units 81, heating & cooling Heating and Cooling, property status Normal Sale, building status Existing. Listed by Brent Jaynes of Leisure Real Estate Advisors, LLC on LoopingCloud and last updated January 22, 2026.
Now Priced to Sell: $2.5M TTM Revenue Asset with New 15-Year License
Take advantage of a significant price adjustment on this top-tier Holiday Inn Express & Suites. Built for performance, this asset has remained a market leader since its inception and is currently priced to accommodate the upcoming PIP.
Investment Highlights:
-
Strong Financials: TTM Revenue of ~$2.5M with highly attractive NOI margins.
-
Long-Term Security: New 15-year franchise license recently secured.
-
Prime Real Estate: Located at the "Main & Main" intersection of I-70 and Wanamaker Road—the heart of Topeka’s retail and commercial activity.
-
Corporate Demand: Proximity to giants like Frito-Lay and Payless ShoeSource, plus the heavy influence of the State Capital.
Topeka’s hospitality market remains fundamentally sound, supported by a diverse economy spanning the insurance, transportation, and medical sectors. The owner is motivated—bring all offers!
Key highlights
- ***** Hotel Description ******
- 81 keys
- Very attractive resulting cash flow
- I-70 location on the east bound ramp
- ADR upside with PIP completion
- Owner’s PIP available
- Direct visibility to high traffic I-70
- Non-smoking facility
- *****Notable Local Employers ******
- State of Kansas (6,000 local employees)
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Total Units
- 81
- Heating & Cooling
- Heating and Cooling
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $7,900,000 | - | - | - | - |
Features and amenities
Property Features
- ***** Hotel Description ******
- NEW & REVISED PRICE!! NOW PRICED AT $97.5K PER KEY
- 81 keys
- APPROXIMATELY $2.5M IN TTM REVENUE AND NOW OFFERED AT JUST OVER 3X REVENUE
- One of the better performing Express hotels in the region
- Very attractive resulting cash flow
- New 15-year license just signed, subject to PIP
- I-70 location on the east bound ramp
- ADR upside with PIP completion
- Owner’s PIP available
- 23 Suites of various types, several with vaulted, high ceilings
- Direct visibility to high traffic I-70
- Non-smoking facility
- Located at the center of the retail & office development in west Topeka (Wannamaker corridor)
Highlights
- *****Notable Local Employers:******
- State of Kansas (6,000 local employees)
- Capitol Federal Savings
- Frito Lay Company
- Goodyear Tire & Rubber (one of the 4 largest plants in the world)
- JM Smuckers
- Hill’s Pet Nutrition
- Security Benefit Life Insurance
- Washburn University (4 year university including School of Law)
- Westar Energy
- Blue Cross Blue Shield of KS
- BNSF Railway
- *****Other demand generators include:*****
- Brown v. Board of Education historic site
- Kansas Expocentre
- Topeka Performing Arts Center
- Prairie Band Casino
- Topeka Zoo
- Combat Air Museum
Location
Address as shown by the lister.
Get directionsAbout this area - Topeka
- Population
- 12,206
- Housing units
- 6,064
- Land area
- 6.4 sq mi
- County
- Shawnee
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Frequently asked questions
What is the asking price of Commercial Property for Sale in Topeka Kansas 66606?
Commercial Property for Sale in Topeka Kansas 66606 is listed at $7,900,000.
Where is Commercial Property for Sale in Topeka Kansas 66606 located?
The property is in 901 SW Robinson, Topeka, Kansas 66606, Shawnee County.
What type of property is this?
This is a lodging and hospitality for sale in the commercial category.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Brent Jaynes of Leisure Real Estate Advisors, LLC listed this property. Use the Request Info button to send a message or call (913) 499-4731.
When was this listing published?
It was published on January 22, 2026 and last updated on January 22, 2026.
Listing information
- Listing ID
- CL-Kansas-27296
- Published
- Jan 22, 2026
- Last updated
- Jan 22, 2026
- Views
- 285
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