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Lawrence KS Real Estate & Commercial for Sale

1 Properties Found

The median home value in Lawrence, KS is $262,500. This is lower than the county median home value of $265,625. The national median home value is $308,980. The average price of homes sold in Lawrence, KS is $262,500. Approximately 45% of Lawrence homes are owned, compared to 49% rented, while 6% are vacant. Lawrence real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Lawrence real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
5,976
Status:
Active
MLS#:
2516199
Type:
Office, Business Opportunities
Lot size:
0.08 Acres
Year built:
1991
Courtesy: Bailey Stuart - McGrew Real Estate Inc, 785-843-2055
View additional info

Unit "H" is a large, two story office or commercial retail space located within Long Island Business Center. Totally 5,976 square feet (3,576 lower level, 2,400 upper level) this adaptable space is customizable and will appeal to a wide array of business owners or investors. Whether you envision it as a flagship retail store, a dynamic office headquarters, or a lively coworking hub, Unit H provides the versatility to bring your ideas to life. Being part of an optimally located 8-unit building that has been a cornerstone of the local business community since 1991 speaks volumes about the stability and desirability of the location. Association dues cover water, trash, exterior maintenance, building insurance, lawn care, and snow removal. Additionally, the lower level is currently leased, with the possibility of owner occupancy. Currently leased for $3,500/month (cap rate 3.7%) with a potential to gain $2,250 (Total $5,750) renting the upper level(potential cap rate 8.6%)

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