530 Colorado StLawrence, KS 66044

Property Details for 530 Colorado St

Year built

1972

Lot size

0.44 AC

Property size (Sq ft)

7,000 SF

Property type

Retail space

APN

067-25-0-30-15-004.00-0

APU

672503015004000

Description

This exceptional turnkey business opportunity in Lawrence, Kansas, presents a rare chance to acquire a thriving F-Mart Market and its accompanying building. The property boasts a substantial 7,000 square feet of space, perfectly suited for continued market operations and offering additional potential for expansion, such as a restaurant. The sale includes all existing equipment, product, and inventory, providing a seamless transition for the new owner. A comprehensive inventory and equipment list will be furnished upon request. The property benefits from a recently installed parking lot, convenient alley access, and a loading dock, enhancing operational efficiency and customer convenience. The "as-is" sale ensures a straightforward transaction, allowing for immediate commencement of business. This is a fully operational, established business ready for a new owner to step in and continue its success. The property's location in Lawrence offers excellent visibility and accessibility, contributing to the market's established profitability. This is a unique opportunity to acquire a well-established business with significant growth potential. The combination of a profitable existing business and the substantial building space makes this an attractive investment for both seasoned entrepreneurs and those seeking a ready-made business venture. Don't miss this chance to own a thriving commercial property in a vibrant Kansas community.

• CAP approach

  CAP return

  Valuation

  6%

  $1,731,558

  6.5%

  $1,598,361

  7%

  $1,484,192

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,261,789

  Geo Method

  $1,261,789

• Alternative Use

  Use

  Valuation

  Residential

  $1,348,278

  Hospitality

  $1,235,015

  Educational

  $1,027,518

  Medical

  $1,062,856

  Retail

  $1,598,361

Location Insight

City

Lawrence

County

Douglas

State

Kansas

Latitude

38.9739

Longitude

-95.2555

CBSA code

29940

CBSA name

LAWRENCE, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].