Two-Building Retail and Warehouse
For Sale
$950,000
450 N Iowa Street, Lawrence, KS 66049
Commercial Sale, Lawrence, KS
Property Size11,000 SF
Lot Size1.16 Acres
Price / SF$86.36
Days on Market50
Property Features for 450 N Iowa Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
PD
Rooms
Kitchen
Parking
40
Window features
Double Pane Windows
Interior features
Restrooms, Wired for Phone, Wired for Computer, High Speed Internet
Accessibility
Accessible Approach with Ramp
Appliances
Refrigerator
Lot features
Landscaped
Subdivision
LAWRENCE 1
Standard status
Active
Lot size
1.16 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Please see Offer Instructions.
Legal Description
Please see Offer Instructions.
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Flooring type
Concrete, Carpet
Building materials
Steel Siding, Stucco, Metal Siding
Listing Agency:
STEPHENS REAL ESTATE, INC
(785) 841-4500
Listed By:
RANDY RUSSELL
(785) 331-7954
Added: Jul 1
Changed: Aug 19
Last Checked: Aug 19 at 5:06PM
MLS# 165980
Copyright © 2026 Lawrence Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale commercial property includes two metal buildings totaling approximately 11,000+/- SF on 1.16+/- acres. Building 1 offers approximately 5,400 SF with a flexible retail/office layout and multiple garage/service bays on the rear of the building; it is currently vacant and ready for immediate occupancy. Building 2 provides approximately 5,600 SF of open warehouse space with a mezzanine over approximately half of the building and is currently leased, creating immediate income for a new owner.
Constructed in 2000 with steel frame metal construction, the property also includes a new roof installed on one building in 2025. It is located approximately 1/4 mile from highway access, with about 20 minutes to Topeka and about 30 minutes to the Kansas City metro. Zoning is PD.
For an owner-occupant or investor, the configuration combines an available retail/office component with an income-producing warehouse under an existing lease.
Constructed in 2000 with steel frame metal construction, the property also includes a new roof installed on one building in 2025. It is located approximately 1/4 mile from highway access, with about 20 minutes to Topeka and about 30 minutes to the Kansas City metro. Zoning is PD.
For an owner-occupant or investor, the configuration combines an available retail/office component with an income-producing warehouse under an existing lease.
Key Highlights
- Two metal buildings totaling about 11,000+/- SF on 1.16+/- acres
- Building 1 (about 5,400 SF) offers flexible retail/office space and multiple rear garage/service bays; currently vacant
- Building 2 (about 5,600 SF) is an open warehouse with mezzanine over approximately half; currently leased
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
114
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 66049, KS
32,131
Population
15,405
Households
2.1
Avg Household Size
37
Median Age
62%
College-Educated
96%
High-School Grad
45.2 sq mi
ZIP Area
711
Density / Sq Mi
$90,755
Median Household Income
$49,826
Median Earnings
$1,145
Median Rent
$362,600
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Versatile commercial property with a vacant retail/office metal building and a leased warehouse with mezzanine and immediate income.
Where is this warehouse located?
The property is located at 450 N Iowa Street Lawrence, KS.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two metal buildings totaling about 11,000+/- SF on 1.16+/- acres; Building 1 (about 5,400 SF) offers flexible retail/office space and multiple rear garage/service bays; currently vacant; Building 2 (about 5,600 SF) is an open warehouse with mezzanine over approximately half; currently leased
