Downtown Lyndon Commercial Shell
611 S Topeka AVE Lyndon, KS 66451
611 S Topeka AVE, Lyndon, KS, 66451
$95,000
For Sale
$95,000
COMMERCIAL - Lyndon, KS
Property Size1,218 SF
Price / SF$77
Days on Market83
Property Features for 611 S Topeka AVE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- D-1 Downtown Mixed Use
- Parking features
- On Street
- Standard status
- Active
- APN
- 7348
- Size
- 1,218 SF
Taxes and HOA fees
- Tax Annual Amount
- 2122
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Concrete
- Roof type
- Flat
Listing agency
KW One Legacy Partners, LLC
(785) 246-8075
Listed by
John Ringgold
(785) 806-2711
Added: May 1 Updated: May 13 at 12:02AM Checked: Jul 22 at 9:06PM
MLS# 244299
Copyright © 2026 Sunflower Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in downtown Lyndon, Kansas, this commercial space offers 1,218 square feet of area. The space is a shell, framed and ready for buildout. It measures 21 feet wide by 58 feet long and features 14-foot ceilings. The property's dimensions provide flexibility for various business needs, including retail, office, studio, or workshop. The mechanical work is complete, including a rooftop furnace and AC with new ductwork. The property features a concrete floor throughout.
Key Highlights
- Priced under $100K.
- Located in the heart of downtown Lyndon.
- Mechanical work complete: rooftop furnace and AC with new ductwork.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.0k | $9.00 |
| − Vacancy | −$877 | −$0.72 |
| EGI | $10.1k | $8.28 |
| − OpEx | −$3.0k | −$2.48 |
| NOI | $7.1k | $5.80 |
1,218 SF · lease $9.00/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$100.9K
$88.3K – $117.7K
NOI $7,060 @ 7.0% cap · market cap 7.43%
Second Best
—
—
no second resolved use
Theoretical Best
Self Storage
$137.4K
$120.2K – $160.3K
NOI $9,617 @ 7.0% cap · market cap 10.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 1,218 sq ft commercial space in downtown Lyndon, Kansas.
Where is this retail space located?
The property is located at 611 S Topeka AVE Lyndon, KS.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Priced under $100K.; Located in the heart of downtown Lyndon.; Mechanical work complete: **rooftop furnace and AC with new ductwork.**
