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Property profile

1004 Massachusetts St Lawrence, KS 66044

OFF-MARKET
Retail properties & Spaces
14,113 SF Built 1975
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Property summary

AI-generated overview

This exceptional 1,709-square-foot storefront, located at 1004 Massachusetts Street in historic downtown Lawrence, Kansas, presents a unique opportunity for a variety of businesses. Originally a fast-casual restaurant, this single-tenant space underwent a complete renovation in 2022, offering a modern and functional layout ready for immediate occupancy. Situated just one block from a 500+ space parking garage, the property enjoys excellent accessibility and high visibility. Its prime location within walking distance of the University of Kansas ensures a steady stream of potential customers. The space is ideally suited for a cafe, coffee shop, deli, or small boutique, offering ample room for both customer seating and operational needs. The entire building encompasses 14,113 square feet, built in 1975, and the storefront itself benefits from the recent renovations. This competitively priced property is situated in a vibrant and thriving downtown area, promising strong returns on investment. Don't miss this chance to establish your business in a highly desirable location. The zip code is 66044.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1975
Total area 14,113 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

1004 Massachusetts St Lawrence, KS 66044
Lawrence metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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