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Listed by Mary Beth Schwartz • KW KANSAS CITY METRO
$ 550,000
Est. payment | /mo
6,534 Sqft Lot
$ 550,000
Est. payment | /mo
6,534 Sqft Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Subdivision Reynolds/Grnvw
MLS Listing ID 2621131
Year Built 1916
Annual Tax Amount $10,756
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Retail
Source hmls
Property Description
Beautiful all-brick mixed-use commercial building in a prime, high-traffic location on Central Avenue offering an exceptional investment opportunity. The main level features two established commercial tenants—a charming bakery/coffee shop full of character and a Boost Mobile retail location—providing strong income potential and excellent street presence. The expansive basement spans the full footprint of the building, offering over 2,000 square feet of valuable storage space. Upstairs, you'll find two beautifully maintained art deco-esque residential apartments, each with private outdoor patio space. One unit features 3 bedrooms and 2 bathrooms with stunning original woodwork, in-unit laundry, and timeless architectural charm. The second apartment offers 2 bedrooms and 1 bathroom with hardwood floors and impressive city views. A dedicated private parking lot adds tremendous value and convenience for both residential and commercial tenants. Property features split utilities, allowing tenants to pay their own expenses, and HVAC systems for four units have been replaced within the past 8 years. Located in an evolving and growing area of KCK, this property presents an outstanding opportunity for investors seeking a well-positioned, income-producing asset with upside potential.
Rents and leases available upon request- at full occupancy building has the possibility of hitting a 7 cap!
Rents and leases available upon request- at full occupancy building has the possibility of hitting a 7 cap!
Location
State KS
County Wyandotte
Zoning C3
Interior
Interior Features Storage, In-Law Floorplan, Private Restroom
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available
Building
Story 2
Others
Acceptable Financing Cash, Conventional, Private Financing Available
Listing Terms Cash, Conventional, Private Financing Available
Nearby Locations
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