706 E 23rd St - Restaurant FOR SALE


Lawrence, KS 66046- South Lawrence
$3,250,000 USD
913-548-8700
706 E 23rd St, Lawrence, KS for Sale
$3,250,000 USD
Restaurant - FOR SALE
1/16
null | Request Cap Rate

706 E 23rd St
Lawrence, KS 66046
South Lawrence


HIGHLIGHTS

  • Fully remodeled brewery with modern finishes and equipment
  • Established distribution network reaching 300+ retail locations
  • Multiple income streams including taproom, restaurant, and beer garden
  • Positioned in a thriving college town with strong cultural appeal
  • Scalable production capacity up to approximately 15,000 barrels annually

OVERVIEW

Fields & Ivy Brewing Company offers a rare opportunity to acquire a fully operational brewery in the heart of Lawrence, Kansas—a vibrant college town known for its cultural energy and strong local economy. This 9,740-square-foot facility underwent a major remodel between 2018 and 2019, ensuring modern infrastructure and an inviting atmosphere for patrons. The property is strategically positioned to capture both local and regional demand, with multiple revenue streams including an on-site taproom, restaurant dining experiences, outdoor beer garden, packaged beer sales, and established distribution to over 300 bars and liquor stores. The brewery is a recognized community anchor, benefiting from Lawrence’s dynamic demographic and proximity to the University of Kansas. With production capacity scalable to approximately 15,000 barrels annually, new ownership can leverage significant growth potential. The combination of a turnkey operation, strong brand presence, and prime location makes this an exceptional investment for operators seeking to expand in the craft beer market or diversify their hospitality portfolio.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.49 AC

LAND SF

64,907 SF

ZONING

M2

APN/PARCEL ID

023-103-06-0-40-10-015.00-0

ASK ABOUT THIS PROPERTY

Jim ThomeReece Commercial Real EstateMore Info
913-548-8700

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Jim ThomeReece Commercial Real EstateMore Info
913-548-8700

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.