$449,900
0.06
Acres
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Property Description
Excellent investment and redevelopment opportunity at 139 Water Street in Lawrence! This freestanding commercial property currently houses an operating business and offers the potential to be converted into a mixed-use property. The City of Lawrence has approved the construction of one additional residential unit on the second floor, creating an attractive income-producing opportunity for an owner-user, investor, entrepreneur, or developer. Approved plans and zoning documentation are available for review by qualified buyers. The current operating business is not included in the real estate sale and is being offered separately under MLS #________. Buyers and buyers’ agents are responsible for verifying all approvals, permits, requirements, and proposed uses with the City of Lawrence.
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Highlights
- Property Class: Commercial Sale
- Status: Active
- Year Built: 1950
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Additional Details
- Zoning: R-2
- Zoning Description: Legal Conforming
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Fees / Taxes
- Tax Year: 2026
- Taxes: $6,810
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