725 2Nd StLawrence, KS 66044

  • Commercial real estate
  • 2,700 SF
For Lease
$13/SF/YR View listing

Property Details for 725 2Nd St

Year built
2005
Lot size
0.15 AC
Property size (Sq ft)
2,700 SF
Property type
Commercial real estate
APN
079-30-0-20-02-003.28-2
APU
793002002003282

Description

This exceptional 2,900 square foot flex-office condo at 725 N. 2nd Street, Suite A, Lawrence, Kansas, presents a unique investment opportunity. Situated conveniently just south of I-70, this property offers easy access to downtown Lawrence and the University of Kansas, ensuring high visibility and convenient access for employees and clients. The single-tenant occupancy provides stability and ease of management. The well-designed space includes a welcoming reception area complete with a restroom, catering to professional needs. A significant feature is the inclusion of an industrial space, boasting a 14-foot garage door, perfect for loading, unloading, or specialized equipment. Upstairs, a versatile second-floor office/showroom area provides ample space for presentations, displays, or additional administrative functions. This area also includes valuable storage space, maximizing the functionality of the property. The property's address is 725 N 2nd St, Lawrence, KS 66044. This flex-space condo is perfect for a variety of businesses seeking a blend of office and industrial functionality in a prime Lawrence location. The property is a single-tenant office condo, offering a streamlined ownership experience. Its strategic location and versatile layout make it an attractive option for businesses seeking a high-quality, well-maintained space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $536,049
    Hospitality
    $491,018
    Educational
    $408,521
    Medical
    $422,571
    Retail
    $635,478

Location Insight

City
Lawrence
County
Douglas
State
Kansas
Latitude
38.9844
Longitude
-95.2356
CBSA code
29940
CBSA name
LAWRENCE, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,892
-
$44,075
$44,075
-
-
$176,300
$176,300

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