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    647 Massachusetts St Lawrence, KS 66044

    Sponsored
    For Lease
    $15 SF/Yr

    High-visibility retail space, 1016 sq ft.

    Lot size:
    1,016 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 1,016 square foot retail space at 647 Massachusetts Street in Lawrence, Kansas, presents a fantastic opportunity for businesses seeking a prime location in the heart of the city. Built in 1949, the property is zoned CD-UC and offers a single-tenant occupancy. Its location near the corner of Massachusetts and 7th Streets provides exceptional visibility and benefits from the high foot traffic of residents, students, and tourists along Lawrence's main thoroughfare. The property enjoys proximity to established national brands such as Starbucks and Cold Stone Creamery, creating a synergistic retail environment. Convenient parking options are available, including metered parking directly in front of the building, a nearby 2-hour parking lot to the west, and easy access to public transportation. This property is situated in Douglas County, Kansas, with a zip code of 66044. The property's high visibility and convenient location make it an ideal space for a variety of retail businesses seeking to establish a strong presence in a vibrant and thriving downtown area. The single-tenant occupancy provides flexibility and control for the tenant.

    Property Features for 647 Massachusetts St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,016 SF

    Building Details

    Year Built
    1949

    Unit(s) available at that property

    Space
    Size
    1,016 SF
    Rate per SF
    $15

    HighLights

    • 1,016 SF retail space available at 647 Massachusetts Street, Lawrence, KS.
    • Lease rate: $15/SF, NNN (est. $13.62/SF).
    • Total monthly rent: $2,423.16.
    • Built in 1949.
    • Zoned CD‑UC.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cold Stone Creamery Ice Cream Shop Starbucks Internet Cafe pint of words Life Coach U.S. Bank ATM Atm Claire's Jewelry Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2363001
    Latitude
    38.9714369

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    FAQs

    What type of property is this?
    Retail property - High-visibility retail space, 1016 sq ft.
    Where is this retail property located?
    The property is located at 647 Massachusetts St Lawrence, KS.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 1,016 SF retail space available at 647 Massachusetts Street, Lawrence, KS.; Lease rate: $15/SF, NNN (est. $13.62/SF).; Total monthly rent: $2,423.16.
    Request Owner's contact information
    647 Massachusetts St Lawrence, KS 66044
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    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
    647 Massachusetts St Lawrence, KS 66044
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