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    945 Massachusetts St Lawrence, KS 66044

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    For Lease
    $16 SF/Yr ($6,943 /Mo)

    5,044 SF retail space for lease in downtown Lawrence.

    Property size:
    5,044 SF
    Lot size:
    0.13 Acres

    Property Features for 945 Massachusetts St

    General Information

    Size
    5,044 SF
    Lot size
    0.13 Acres

    Source: Colliers | Lawrence Agent Allison Moore, SIOR

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Retail Space Available

    This retail space offers 5,044 square feet and is located in downtown Lawrence. Constructed in 1908 and renovated in 2021, the property is zoned CD- Downtown Commercial District. On-street parking is available. The lease rate is $10,008.13 per month, plus utilities, which includes the current base rent plus estimated NN value of $16.52 per square foot, with NN at $7.29 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rusty Taco Taco Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2361353
    Latitude
    38.965858

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    FAQs

    What type of property is this?
    Retail space - 5,044 SF retail space for lease in downtown Lawrence.
    Where is this retail space located?
    The property is located at 945 Massachusetts St Lawrence, KS.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - 5,044 SF of available space in the Downtown Commercial District.; - Combination of historic (1908) and modern (2021) construction.; - Located in a CD- Downtown Commercial District.
    (785) 865-5100
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    945 Massachusetts St Lawrence, KS 66044
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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
    945 Massachusetts St Lawrence, KS 66044
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