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623 Massachusetts St 17,247 SF 100% Leased Retail Building Lawrence, KS 66044 $3,500,000 ($202.93/SF)

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INVESTMENT HIGHLIGHTS

  • Fully leased, mixed-use building
  • Located on Mass Street, Downtown Lawrence's vibrant and bustling shopping, dining, and entertainment district
  • Dedicated parking on Massachusetts St
  • Tenants include Black Stag Brewery & Professional Engineering Consultants (PEC)
  • 2-story building houses large storefront windows, high ceilings, drive-in door, and a dry basement

EXECUTIVE SUMMARY

2-story building features:
• 17 dedicated parking stalls
• Large storefront windows
• High ceilings
• Drive-in door
• Dry basement

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
17,247 SF
Building Class
C
Year Built
1934
Price
$3,500,000
Price Per SF
$202.93
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.98
Lot Size
0.20 AC
Zoning
C-3
Parking
10 Spaces (1.74 Spaces per 1,000 SF Leased)
Frontage
64’ on Massachusetts St

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Professional Engineering Consultants, PA (PEC) applies scientific principles to make things work. They communicate those principles in a way that promotes understanding and consensus to maximize opportunities. That’s what good engineering is all about — that is what PEC is all about — creating opportunity. They understand the market, the technology, the regulations and the communities they serve. It’s having the foresight to re-imagine the everyday into the extraordinary with practical, proactive, innovative solutions that save money and create value.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (89)
Bike Score®
Biker's Paradise (94)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Capitol Federal Savings Bank
U.S. Bank
Pickleman's Gourmet Cafe
Noodles & Company
Bank of America
Fuzzy's Taco Shop
HOTWORX
UMB Bank
Commerce Bank
Central Bank of the Ozarks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
023-079-30-0-30-18-007.00-0
Land Assessment
$99,450
Improvements Assessment
$416,225
Total Assessment
$515,675
  • Listing ID: 35360758

  • Date on Market: 4/3/2025

  • Last Updated:

  • Address: 623 Massachusetts St, Lawrence, KS 66044

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