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    1350 3Rd St Lawrence, KS 66044

    For Lease
    $90,000

    Turnkey Restaurant, High Visibility, Ample Parking

    Lot size:
    4,194 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 4,194 square foot restaurant in Lawrence, Kansas, presents a unique turnkey opportunity. Located at 1350 N. 3rd Street, this single-tenant property boasts a spacious, open-concept layout ideal for a variety of culinary ventures. An optional indoor stage and dance floor add versatility, while a large outdoor patio complete with a covered bar provides ample space for al fresco dining and entertainment. The property benefits from excellent visibility and convenient access, strategically positioned near major thoroughfares including I-70, US 59, and US 40 Highways. Ample parking is available for patrons and staff. Situated in Douglas County, Kansas, with a zip code of 66044, this property is in a prime location within the vibrant city of Lawrence. The property's design and features make it ready for immediate occupancy, minimizing setup time and maximizing return on investment. This is an exceptional opportunity for an established restaurant or a new concept looking for a move-in ready space with significant potential. The property is classified as retail, specifically a restaurant.

    Property Features for 1350 3Rd St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,194 SF
    Total Rate
    90000

    Unit(s) available at that property

    Space
    Size
    4,194 SF
    Rate per SF
    $90,000

    HighLights

    • 37,567 SF lot.
    • 4,194 SF building.
    • 1995 construction.
    • CS zoning.
    • $7,500/month gross lease rate.
    • $825,000 sale price.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fire Canyon Barbeque Food And Beverage Consultant

    Suggested Use

    Restaurant Law Firm Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Gym & Fitness Pharmacy Auto Parts Store Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Lawrence
    County
    Douglas
    State
    Kansas
    Longitude
    -95.2329891
    Latitude
    38.9962602

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, High Visibility, Ample Parking
    Where is this restaurant located?
    The property is located at 1350 3Rd St Lawrence, KS.
    What is the lease rate?
    The lease rate is $90,000.
    What are key features of this property?
    This property features: 37,567 SF lot.; 4,194 SF building.; 1995 construction.
    Request Owner's contact information
    1350 3Rd 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
    1350 3Rd St Lawrence, KS 66044
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