1931 NE Seward Ave, Topeka, KS 66616
Remodeled commercial building on heavily traveled street, ready for business.
- Added:
- May 18, 2026
- Days on Market:
- 26
- Last Refresh:
- May 20 at 4:59 am
Property Features for 1931 NE Seward Ave
General Information
- Standard status
- Active
- Size
- 2,199 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1960
Listing agent Steve Mercurio, CCIM License #00242670
Listing office Keller Williams Realty Partner
Listing date May 18, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Partner
HighLights
- Completely turn‑key and extensively remodeled from top to bottom.
- Situated on a heavily traveled street with outstanding traffic counts and excellent visibility.
- Brand new, high‑efficiency heating and cooling system.
- Updated electrical and plumbing throughout, plus a brand new gas line.
- New energy‑efficient windows, new front and rear secure doors, and newly installed gutters.
- Clean layout ready for custom flooring or immediate fixtures.
Overview
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 | $19.8k | $9.00 |
| − Vacancy | −$1.6k | −$0.72 |
| EGI | $18.2k | $8.28 |
| − OpEx | −$5.5k | −$2.48 |
| NOI | $12.7k | $5.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Topeka
- County
- Shawnee
- State
- Kansas
- Longitude
- -95.644719
- Latitude
- 39.0586099
