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Two-Building Mixed-Use Property

450 N Iowa Street A & B, Lawrence, KS 66049

For Sale
$950,000

One building is vacant for retail or office use, and the second is leased as warehouse space.

Property Size11,000 SF
Lot Size1.16 Acres
Price / SF$86.36
Days on Market133

Property Features for 450 N Iowa Street A & B

General Information

Standard status Active
Size 11,000 SF
Lot size 1.16 Acres
Property subtype Commercial Improved

Site & Location

Highway Access Yes
Mixed-Use Components retail/office, warehouse

Additional Details

Warehouse Space 5,600 SF
Tenant in Place Yes
Property Use Retail/Office and Warehouse

Building Details

Year Built 2000
Buildings 2
Construction metal buildings with steel frame construction
Listing Agency: STEPHENS REAL ESTATE, INC
Listed By: RANDY RUSSELL
Source: Lucernahomes
Added: Jul 1 Changed: Nov 9 Last Checked: Nov 9 at 8:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of STEPHENS REAL ESTATE, INC

Rey
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Investment Insights

Based on property information with market context.

The property comprises two metal buildings with steel-frame construction, totaling approximately 11,000± SF on 1.16± acres. Built in 2000, the approximately 5,400-SF first building has a flexible retail and office layout with multiple rear service bays; it is vacant. The approximately 5,600-SF second building offers open warehouse space and a mezzanine covering about half the building. It is leased. One building received a new roof in 2025.

Located at 450 N Iowa Street in Lawrence, the property is approximately ¼ mile from highway access, about 20 minutes from Topeka and about 30 minutes from the Kansas City metropolitan area.

Key Highlights

  • Two metal buildings total approximately 11,000± SF on 1.16± acres
  • Built in 2000; steel‑frame construction
  • Approximately 5,400 SF of vacant retail/office space with multiple rear service bays

Property Analytics

Current Use

AeroVironment, Inc. Corporate Office Rotech Inc Clothing Store

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Spa & Massage Center Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

114
Businesses Nearby

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

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - One building is vacant for retail or office use, and the second is leased as warehouse space.
Where is this mixed-use property located?
The property is located at 450 N Iowa Street A & B 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 total approximately 11,000± SF on 1.16± acres; Built in 2000; steel‑frame construction; Approximately 5,400 SF of vacant retail/office space with multiple rear service bays
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