Address
2115-2125 31st Street, Kansas City, MO
Price
$ 398,888
Property Attributes
- MLS#2472289
- TypeCommercial
- CountyJACKSON
- CityKansas City
- Area202 - Kansas City Area
- Zip64109
- Style
- Taxes$ 4500
- Price$ 398,888
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.724839 Acres
Data Source:
Heartland MLS (HMLS)
Property Description
Offering this 10 unit mixed use asset with significant value add and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at market rates. Commercial spaces can be rented with triple net leases allowing an owner's costs to be 100% covered by the tenant! Hair Salon, mechanic shop, coffee shop and laundromat are a few explored ideas for the commercial spaces. Whether it's a business owner looking to run their own business and earn some cash flow, an investor holding for the long term, or a flipper looking to earn substantial returns post rehab, the options are endless. Bonus: Large parcel of land included. Land can be used to develop several multifamily units or an additional mixed use asset. Located in an opportunity zone, tax credits and city funding could be utilized to further enhance one's return!
| Price History | |
|---|---|
| 2/9/2024 | Listed $500,000 |
| 4/10/2024 | 7% - $465,000 |
| 5/2/2024 | 15% - $398,999 |
| 5/27/2024 | 1% - $398,888 |
General Features
| Interior Features | Living Quarters,Private Restroom,Public Restroom |
|---|---|
| Utilities | Service - 220v |
| Zoning | Retail |
| Property SubType | Retail |
| Current Use | Automotive,Beauty Shop,Other |
| Business Type | Other |
| County | Jackson |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | 71 HIGHWAY TO EAST 31ST STREET. Building sits on the south west side corner of 31st and Brooklyn. |
| City | Kansas City |
| MLS Area | 202 - Kansas City Area (So. of River) |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 31574 |
| Listing Terms | Cash,Conventional,Other |
| Public Remarks | Offering this 10 unit mixed use asset with significant value add and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at mark |
| Standard Status | Active |
| HMS_MaintenanceProvidedYN | No |
Interior Features
| Total Stories | 2 |
|---|
Exterior Features
| Parking Features | Leased,See Remarks |
|---|---|
| Lot Size Area | 31574 |
| Road Frontage Type | City Street |
| Location Features | Corner Lot,Strip Center |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 64109
Price
Taxes
Visits
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Last Updated: June 30, 2024 10:57 PM UTC
