Lawrence KS Real Estate & Commercial for Sale

Unit "H" is a large, two story office or commercial retail space located within Long Island Business Center. Totally 5,976 square feet (3,576 lower level, 2,400 upper level) this adaptable space is customizable and will appeal to a wide array of business owners or investors. Whether you envision it as a flagship retail store, a dynamic office headquarters, or a lively coworking hub, Unit H provides the versatility to bring your ideas to life. Being part of an optimally located 8-unit building that has been a cornerstone of the local business community since 1991 speaks volumes about the stability and desirability of the location. Association dues cover water, trash, exterior maintenance, building insurance, lawn care, and snow removal. Additionally, the lower level is currently leased, with the possibility of owner occupancy. Currently leased for $3,500/month (cap rate 3.7%) with a potential to gain $2,250 (Total $5,750) renting the upper level (potential cap rate 8.6%)

Make this space in a professional strip mall your own! Over 2,000 square feet make across 2 units A and B. Currently joined but can be separated again which would allow you to run a business out of one side and rent the other unit. HOA break down is $365.20 for Suite A which includes mowing, snow removal, exterior maintenance, trash and water. $228.80 for Suite B with the same inclusions. This building has a newer roof and siding within the last 5 years. Each Suite has its own entrance, bathroom and hvac access.

This vacant wooded lot is located in the Oread West Corporate & Research Park south of Bob Billings Parkway on the west side of Research Park Drive. The property may be able to be subdivided. The listing agent is a member of Mabet #2, LC , and President of Alvamar Development Corporation, Manager of Mabet #2, LC (Seller).