609 New Hampshire StLawrence, KS 66044

Property Details for 609 New Hampshire St

Year built

1955

Lot size

1.59 AC

Property size (Sq ft)

32,208 SF

Property type

Flex space

APN

079-30-0-30-19-003.01-0

APU

793003019003010

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $6,203,618

  Hospitality

  $5,682,480

  Educational

  $4,727,757

  Medical

  $4,890,352

  Retail

  $7,354,288

Location Insight

City

Lawrence

County

Douglas

State

Kansas

Latitude

38.9724

Longitude

-95.2353

CBSA code

29940

CBSA name

LAWRENCE, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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