450 N Iowa Street, Lawrence, KS 66044

Mortgage Calculator

$950,000
 est. $6,024/mo

Commercial Investment Opportunity – 11,000± SF on 1.16 Acres Excellent opportunity to own a versatile commercial property featuring two well-maintained metal buildings totaling approximately 11,000 square feet, ideally located with quick highway access and convenient proximity to both Topeka and the Kansas City metro. Property Highlights Total Building Area: 11,000± SF Lot Size: 1.16± acres Year Built: 2000 Construction: Metal buildings with steel frame construction New Roof: Installed on one building in 2025 Building 1 – Retail /Office Approximately 5,400 SF Flexible retail and office layout Multiple garage/service bays located on the rear of the building Currently vacant, providing an ideal opportunity for an owner-occupant or new tenant Building 2 – Warehouse Approximately 5,600 SF Open warehouse with mezzanine over approximately half of the building Currently leased, providing immediate income for the new owner Location Approximately ¼ mile from highway access About 20 minutes to Topeka About 30 minutes to the Kansas City metropolitan area Whether you're looking for an owner-user property with built-in rental income or an investment opportunity with upside, this property offers flexibility, strong accessibility, and quality construction in a strategic location. The vacant office/retail building is ready for immediate occupancy while the leased warehouse provides steady cash flow from day one.

Directions
From I-70, take exit for McDonald Dr, turn W on Princeton Blvd then N on Iowa St.
City
Lawrence
County
Douglas, KS
Property Type
Commercial Sale / Retail
Listing Updated
Jul 09, 2026 at 9:07am
MLS Number
2628960
Property Tax
$29,485
Zoning
$COM
Disclaimer
The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. (“Heartland MLS”). Copyright 2026, Heartland Multiple Listing Service, Inc. Heartland MLS, Elite Realty and Agent Jo 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 data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. The properties displayed on this website may not be all of the properties in the Heartland MLS database compilation, or all of the properties listed with other brokers participating in the Heartland MLS IDX program. Detailed information about the properties displayed on this website includes the name of the listing company.
Information is deemed reliable but is not guaranteed.

Copyright © 2026 ELITE Realty.