Listed by Foundations Commercial Real Estate
$3,100,000
1101 Massachusetts Street
Details
Property Type Mixed Use, Office
Sub Type Creative Office, Executive Office
Square Footage 11,617
Cap Rate 8.16%
NOI $252,876
Occupancy 100%
Tenancy Multi
Lease Type Modified
Lease Expiration 12/31/2026
Rent Bumps Yes
Pro-Forma Cap Rate 9.4%
Pro-Forma NOI $291,262
Class A
Year Built 1900
Year Renovated 2019
Buildings 1
Stories 2
Lot Size (SqFt) 6,201
Zoning CD-UC
Investment Type Owner/User
Tenant Credit Corporate Guarantee
Occupancy Date 05/08/2025
Ground Lease No
The beautifully renovated JE Stubbs Building is available for sale or lease.
Marketing description
This historic Downtown Lawrence multi-tenant building is available for sale or lease. Located blocks from the University of Kansas, this building was beautifully renovated in 2019. The property features main-level retail tenants, including Sylas & Maddy's Ice Cream, Mass Street Soda, and The Cellar Door Cafe.
Available for lease in January 2027, the second-floor office space has elevator access and high-end finishes, including multiple private offices, collaboration areas, a break area, a conference room, and in-suite restrooms. The space may be demised for a qualified tenant.
Listing Contacts
Listed by Foundations Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$252,876.00
$21,073.00/mo
Valuation Metrics
0
DSCR
8.16%
Cap Rate
8.16%
ROI
Map
Zoning
CD MixedMixed UseDowntown Commercial
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View all 147 uses
View all 147 uses Last updated Jun 23, 2026 For deeper zoning details, reports are available at Zoneomics
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