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623 Massachusetts St 17,247 SF 100% Leased Retail Building Lawrence, KS 66044 $3,500,000 ($202.93/SF)
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
• 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)
Nearby Major Retailers
Property Taxes
| Parcel Number | 023-079-30-0-30-18-007.00-0 | Improvements Assessment | $416,225 |
| Land Assessment | $99,450 | Total Assessment | $515,675 |
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
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623 Massachusetts St
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