For Sale
$3,125,000

609 New Hampshire St Lawrence, KS 66044

Downtown Lawrence, KS: Prime Redevelopment Site

Overview

Added:
Dec 11, 2024
Days on market:
131
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.

Highlights

  • Prime downtown Lawrence location, at the north anchor, offering high visibility.
  • Ample street parking and nearby surface lots available.
  • Situated in a Qualified Opportunity Zone (QOZ) and New Market Tax Credit (NMTC) zone.
  • High-profile location with frontage on New Hampshire and Massachusetts Streets, opposite City Hall.
  • Vibrant, walkable downtown with diverse dining, shopping, and entertainment options.
  • Close proximity to major employers including the University of Kansas, Lawrence Memorial Hospital, and multiple hotels, totaling over 13,520 employees.

Property Details for 609 New Hampshire St

Property type
Land, Industrial properties
Square Feet
56,259 SF
Class
C
Year Built
1955

Location Insight

City
Lawrence
County
Douglas
State
Kansas
Latitude
38.9724723
Longitude
-95.2349633
609 New Hampshire St, Lawrence, Kansas

FAQs

What type of property is this?
Land - Downtown Lawrence, KS: Prime Redevelopment Site
Where is the land located?
The property is located at 609 New Hampshire St Lawrence, KS.
What is the asking price?
The asking price for this property is $3,125,000.
What are key features of this property?
This property features: Prime downtown Lawrence location, at the north anchor, offering high visibility.; Ample street parking and nearby surface lots available.; Situated in a Qualified Opportunity Zone (QOZ) and New Market Tax Credit (NMTC) zone.
How can I contact the broker?
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609 New Hampshire St
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