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612 New Hampshire St
Lawrence, KS 66044
Reuter Buildings · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Located in Opportunity Zone
  • Potential for State and Federal Historic Tax Credits
  • On-Street Parking
  • Redevelopment and/or Renovation Opportunity of the Existing Buildings
  • Large SIte
  • Located in Downtown Lawrence, Minutes from the Kansas River, and the University of Kansas

PROPERTY FACTS

Property Type
Office
Building Size
36,500 SF
Building Class
B
Year Built
1880
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
9,125 SF
Building FAR
0.95
Lot Size
0.88 AC
Zoning
Downtown Commercial

ABOUT 612 NEW HAMPSHIRE ST , LAWRENCE, KS 66044

Investor/Developer Opportunity! Located in a designated Opportunity Zone. This property is just under an acre, sits in beautiful Downtown Lawrence, Kansas and includes two buildings, and off-street parking. It's located across the street from City Hall, and steps away from shopping, numerous casual and fine dining restaurants, bars, entertainment, art venues, the Lawrence Library, and the Kansas River. The property has history and has potential to be registered with the State and National Historic registries, and receive both state and federal tax credits for redevelopment. The property was originally developed and housed the Wright Brothers Shirt Factory, and then was purchased by the Reuter Organ Company (approx. 1919). The Reuter Co. eventually improved/expanded the building and flourished on-site until they eventually relocated to another facility in Lawrence (2001). The larger building (Reuter), is perfect for renovation to retail, office, restaurant, and/or residential. The building has high ceilings, rock & brick walls, wood plank floors. The top floor has spectacular views of the Kansas River, downtown, and surrounding neighborhoods. The smaller building ("Little Red") is perfect for office or retail. Overall, the site has potential to accommodate additional development to the East of the two buildings (or possibly demo of "Little Red") - construct additional apartments or condos. The Lawrence & Douglas County region is home to three universities and a student population of more than 30,000. Located just 30 minutes from Kansas City, the most geo-central major market in the nation, businesses in Lawrence & Douglas County have easy access to a robust multimodal transportation and distribution network. Lawrence, Kansas is a 100,000 marketplace 35 miles west of Kansas City and 20 miles east of Topeka. Home to the University of Kansas, Haskell Indian Nations University and nearby Baker University. Enjoys a Highly educated work force.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
023-079-30-0-30-20-002.02-0
Land Assessment
$317,630
Improvements Assessment
$24,933
Total Assessment
$342,563
  • Listing ID: 14437753

  • Date on Market: 11/19/2018

  • Last Updated:

  • Address: 612 New Hampshire St, Lawrence, KS 66044

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