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Updated almost 3 years ago,

User Stats

41
Posts
28
Votes
Jake Boyer
  • Investor
  • Kent, WA
28
Votes |
41
Posts

Unique Lawrence KS Property Search

Jake Boyer
  • Investor
  • Kent, WA
Posted

Hi, I'm looking for  a unique property that serves multiple purposes. The ideal property would be a commercial building with retail, office or multipurpose on the lower level, then offices, condo's or residential on the upper floor(s). The closer to downtown Lawrence/Massachusetts street the better. The building should be at least partially constructed of masonry and can be in any condition from completely dilapidated to completely renovated, which is why the wide range of pricing of up to about a million. I've got cash to close the deal and/or preapproval for financing if needed.

Why I'm looking for this specific building type and location is that my other company manufactures construction chemicals and products, with an emphasis on masonry restoration and adaptive reuse of buildings, based in Lawrence KS. We struggle to find building/locations to host trainings for contractors, presentations for architects, etc. where we can demonstrate product uses and show real world conditions. Ideally we would have an open area of 2500-10000sqft in one area and the ability to house those who travel into the area for these trainings in a separate area from the "training center" portion of the building, whether upstairs or adjoining units. Ideally suited for at least 6+ housing units, up to 25 or more. The housing units don't necessarily need to be full apartments with full kitchens or anything, but should allow for bedrooms and bathrooms. 

This search is dual purposed in that I would be able to purchase and renovate as an investment property, then rent the space back to my other company as a training facility, while also generating income as an investment property. Ideally the facility would lend itself to short term rentals for those traveling into the Lawrence area, and while I'd love to make some money on the property, this particular property can work out for me in other ways beyond cash flow as long as I can break even on expenses. I'm happy to elaborate more on my ideas here if you're interested and think you can help.