1 Riverfront PlzLawrence, KS 66044

This exceptional investment opportunity presents two buildings totaling 110,000 net rentable square feet situated at 1 Riverfront Plaza and 1 Riverfront Plz Bldg West in Lawrence, Kansas, 66044. Currently configured as office space, with 22% occupancy (22,000 sq ft leased to the City of Lawrence), this property offers significant redevelopment potential. The asking price is $5,000,000, translating to $45.45 per square foot. The property's location offers fantastic river views and is ideally positioned in downtown Lawrence, a vibrant city just 20 miles east of Topeka and 35 miles west of Kansas City. The surrounding area boasts a highly educated population, thanks to the presence of the University of Kansas, Haskell Indian Nations University, and Baker University. The property is zoned for multifamily or condo redevelopment, presenting a unique chance for owner-occupied or tenant redevelopment. The flexible space, ranging from 44,000 to 66,000 square feet per building, allows for diverse development options. This is a rare chance to acquire a substantial property in a thriving Kansas community with excellent growth prospects. The lease type is NNN, and the tenancy is multi.