Mixed-Use Office Building with
4105 SW 29th ST, Topeka, KS 66614
For Sale
New
$349,950
Topeka, KS
Property Size2,141 SF
Price / SF$163.45
Days on Market2
Property Features for 4105 SW 29th ST
General Information
Property type
Property subtype
Standard status
Additional Details
Property Use
Building Details
Year built
Buildings
Listing Agency:
NextHome Professionals
Listed By:
Seth Froese · License KS #00232658
(913) 305-9540
Added: Nov 9
Last Checked: Nov 10 at 5:06AM
MLS# 247345
Copyright © 2026 NextHome, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This mixed-use property combines 2,141 square feet of ground-floor commercial space with a second-floor apartment. The office level includes four private offices, two restrooms, a 20' x 27' reception and lobby area, and an 18' x 38' flex space. The apartment has two bedrooms, one bathroom, a separate exterior entrance, custom wood cabinetry, hard-surface countertops, and appliances.
At 4105 SW 29th Street, the property is one block from Gage Boulevard and near the VA Medical Center. Highway access is also noted. The residential unit offers a distinct living space above the business, while the main floor provides a mix of enclosed offices and adaptable workspace.
At 4105 SW 29th Street, the property is one block from Gage Boulevard and near the VA Medical Center. Highway access is also noted. The residential unit offers a distinct living space above the business, while the main floor provides a mix of enclosed offices and adaptable workspace.
Key Highlights
- 2,141 square feet of main‑level commercial space
- Four private offices and two restrooms
- 20' x 27' reception and lobby area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,151
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,020
$263.0K
Cap Rate 7%
$187,871
$187.9K
Cap Rate 9%
$146,122
$146.1K
Market Conditions
NOI Build-Up for 2,141 SF
Gross rent
$23.1K $10.80/SF
− Vacancy
−$2.1K −$0.97/SF
EGI
$21.0K $9.83/SF
− OpEx
−$7.9K −$3.69/SF
NOI
$13.2K $6.14/SF
Area
Topeka, KS
Vacancy
9.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,020
Cap Rate 7%
$187,871
Cap Rate 9%
$146,122
Alternative Uses
Best Use
Mixed Use
$187.9K
$164.4K – $219.2K
NOI $13,151 @ 7.0% cap · market cap 3.76%
Second Best
Office B
$103.8K
$90.9K – $121.1K
NOI $7,268 @ 7.0% cap · market cap 2.08%
Theoretical Best
Self Storage
$241.5K
$211.3K – $281.8K
NOI $16,905 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
334
Businesses Nearby
Explore this area
Business Placement
Demographics for 66614, KS
31,332
Population
15,273
Households
2.1
Avg Household Size
41
Median Age
39%
College-Educated
97%
High-School Grad
24.1 sq mi
ZIP Area
1,300
Density / Sq Mi
$70,419
Median Household Income
$47,871
Median Earnings
$995
Median Rent
$181,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A separate-entry upstairs residence complements a commercial layout with private offices and flexible work area.
Where is this mixed-use property located?
The property is located at 4105 SW 29th ST Topeka, KS.
What is the asking price?
The asking price for this property is $349,950.
What are key features of this property?
This property features: 2,141 square feet of main‑level commercial space; Four private offices and two restrooms; 20' x 27' reception and lobby area
