2500 W 31st Street Lawrence, KS 66047

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%) Continue reading