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    306 23Rd St Lawrence, KS 66046

    For Sale
    $459,000

    Exceptional Condition, High Visibility

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property located at 306 E 23rd Street, Lawrence, KS, presents a rare investment opportunity. Situated on a corner lot at the intersection of Barker and 23rd Street, this building boasts high visibility and excellent street frontage, ideal for a variety of commercial uses. The property is zoned RSO, offering flexibility for diverse business ventures. The building itself is in remarkable condition, a testament to its meticulous upkeep. The interior features several well-maintained offices, providing ample space for individual work areas or team collaboration. A welcoming lobby greets clients and visitors, creating a professional and inviting atmosphere. Furthermore, a sizable basement offers valuable storage space, addressing the practical needs of any business. The asking price for this turnkey commercial property is $459,000. Given its prime location, excellent condition, and versatile zoning, this property represents a significant opportunity for discerning investors seeking a high-return investment in a thriving Lawrence, Kansas commercial market. The property's size is not specified in the provided information. Serious inquiries are encouraged to schedule a viewing and explore the potential of this unique commercial offering.

    Property Features for 306 23Rd St

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1977
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Associates in Dentistry Dental Clinic Susan Hall Dentist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.23293
    Latitude
    38.94298

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    FAQs

    What type of property is this?
    Commercial real estate - Exceptional Condition, High Visibility
    Where is this commercial real estate located?
    The property is located at 306 23Rd St Lawrence, KS.
    What is the asking price?
    The asking price for this property is $459,000.
    (785) 841-4500
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    306 23Rd St Lawrence, KS 66046
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    Lawrence, KS 66046
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    306 23Rd St Lawrence, KS 66046
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