609 New Hampshire St, Lawrence, KS 66044
For Sale
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This exceptional 56,259 square foot industrial property, built in 1955, presents a unique mixed-use redevelopment opportunity in the heart of downtown Lawrence, Kansas. Located at 609 New Hampshire Street, this Class C property boasts a prominent location with frontage on Massachusetts and 6th Streets, offering unparalleled visibility and accessibility. The 9,100 square foot lot features two dock-high doors and impressive 24-foot ceilings, providing ample space for creative repurposing. The property is zoned CD, allowing for a wide range of development possibilities, including high-density residential, hotel, convention center, and entertainment venues. Its strategic location within the entertainment district places it near numerous restaurants, concert halls, nightclubs, and boutique shops, ensuring high foot traffic and strong potential for success. The site benefits from abundant street parking and nearby surface lots, adding to its convenience. Furthermore, its position as a north anchor to downtown Lawrence makes it a visible gateway to the city's thriving urban core. The property's location within a qualified opportunity zone and new market tax credit zone offers significant financial incentives for investors. Nearby major employers, including the University of Kansas (with over 24,000 students) and several prominent hotels and hospitals, provide a substantial workforce and customer base. Easy access to major highways, K-10 (4 miles) and I-70 (2 miles), ensures excellent connectivity. This is an unparalleled chance to capitalize on the vibrant Lawrence market and create a landmark development. Asking price: $3,125,000.
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PRP Injections Clinic Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.