1115 Massachusetts Street Lawrence, KS ^$ 995,000

1115 Massachusetts Street

^$ 995,000

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1115 Massachusetts Street

Lawrence, KS, 66044

^$ 995,000

Studio Baths0.0

Monthly Estimate*

^$ 6,950

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Studio Commercial Property for sale in Lawrence, KS for $995,000. The lot size is 0.134298.

Unique opportunity to own a piece of historical and thriving real estate in downtown Lawrence! This property is the gateway to the Massachusetts’s Street entertainment district in one of Kansas’ most beloved and BUSY college towns! This 5632 sq Ft building hosts 2 established business tenants so there is instant income and the option to renew the existing leases upon their expiration. This is the first time this property has been available in decades and also holds historical value. If you have been looking for an opportunity like this do not hesitate!

Commercial Active

Price

^$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,004

Style

Restaurant

Lot Size

0.134298

Town/City

Lawrence

County/Region

DOUGLAS - KS

MLS | Web ID

2451277

Features

General

Utilities Electric to Site Telephone On-Site Sanitary Sewer Water/Sewer

Zoning c-3

Property SubType Retail

Current Use Restaurant

Business Type Restaurant

County Douglas KS

Property Type Commercial Sale

Status Active

Directions Massachusetts and N West Park

City Lawrence

MLS Area 450 - Douglas County KS

Lot Size Square Feet 5850

Street Name Massachusetts

Listing Terms Cash Conventional

Public Remarks Unique opportunity to own a piece of historical and thriving real estate in downtown Lawrence! This property is the gateway to the Massachusetts’s Street entertainment district in one of Kansas’ most

Standard Status Active

HMS_MaintenanceProvidedYN N

Exterior

Parking Features On Street Parking Lot

Lot Size Area 5850

Lot Size Units Square Feet

Road Frontage Type City Street

Location Features City Location Corner Lot

Number of Docks 0

Number of Drive In Doors 0

Interior

Total Stories 1

Street Suffix Street

* Excluded Features

List By

Platinum Realty

Broker

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$8,284

Per Month

Monthly Principal & Interest: $6,950
Monthly Property Taxes: $1,334
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

About Lawrence, KS

95,817 Population

20% Since 2002

^$51,208 Median Income

30.18 Median Age

23% Households with Children

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Trends Information provided by ATTOM Data Solutions.

652738 Elementary School

652859 Middle School

Unknown High School High School

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Pricing History

Date	Price	Price Change	Description
8/24/2023	$995,000		Listed Price

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1115 Massachusetts Street, Lawrence, KS, 66044 is a Commercial Property for sale at $995,000 with a lot size of 0.134298. 1115 Massachusetts Street is a studio with 0.0 baths. The property's zip code is 66044 which is in Lawrence, KS

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

"The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Weichert REALTORS, do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring."

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/27/2024.

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1115 Massachusetts Street

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