Side 1 Riverfront Plaza/East Lawrence, KS 66044
- Office Properties & Spaces
- 45,000 SF
Current Use by Public Records
- Office Properties & Spaces
Property Details for Side 1 Riverfront Plaza/East
- Year built
- 1988
- Property size
- 45,000 SF
- Property type
- Office Properties & Spaces
Description
This exceptional three-story, 45,000 square foot Class B office building in Lawrence, Kansas, presents a compelling redevelopment opportunity. Located at One Riverfront Plaza, this property boasts stunning Kansas River views and an open floor plan across all three levels. Currently zoned C-3, it offers significant potential for conversion into multifamily units, storage facilities, or additional office/retail space. The top two floors are vacant and require upfitting, presenting a blank canvas for creative vision. The building was formerly an outlet center, converted to office space. Ample parking is available, with a ratio of 6.67 spaces per 1,000 square feet. The property's prime location in Lawrence, home to the University of Kansas and Haskell Indian Nations University, ensures access to a highly educated workforce. Its proximity to Topeka (20 miles east) and Kansas City (35 miles west) further enhances its strategic appeal. The asking price of $3,000,000 ($66.67/sq ft) makes this a highly attractive investment opportunity for owner-users seeking a prime location with significant redevelopment potential. Built in 1988, the property features an expansive footprint with the possibility of eastward expansion into the existing parking lot. The property's APN is 023-079-30-0-30-22-001.01-0. This is a rare chance to acquire a substantial property in a thriving Kansas community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lawrence
- County
- Douglas
- State
- Kansas
- Longitude
- -95.2344
- Latitude
- 38.973
