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Listed by Christopher Beshore • Platinum Realty LLC
$1,990,000
Est. payment /mo
1.02 Acres Lot
Active
313 N 10 ST Kansas City, KS 66102
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
Subdivision Forest Grove
MLS Listing ID 2629254
Year Built 1910
Annual Tax Amount $21,569
Lot Size 1.018 Acres
Acres 1.0176308
Lot Dimensions 125X355
Property Sub-Type Business
Source hmls
Property Description
100% occupied mixed-use investment property offering multiple existing income streams with additional development potential. The 11,010 SF building features an established event space with bridal suite, six studio office spaces, three studio apartments, one 1-bedroom apartment, and seven storage units.
The diverse tenant mix provides income across commercial, residential, event, and storage uses, making the property attractive as a stabilized investment while also offering flexibility for a future owner-user or event business operator.
Beyond the existing building and current cash flow, the sale includes additional land with residential development potential. Plans can be provided for the development of two 4-unit quadplexes, creating the potential to add eight additional residential units and further increase the property's income-producing capacity.
The combination of 100% occupancy, diversified existing income, and multifamily development potential provides an opportunity for an investor to acquire a performing mixed-use asset today with a path for additional growth.
The diverse tenant mix provides income across commercial, residential, event, and storage uses, making the property attractive as a stabilized investment while also offering flexibility for a future owner-user or event business operator.
Beyond the existing building and current cash flow, the sale includes additional land with residential development potential. Plans can be provided for the development of two 4-unit quadplexes, creating the potential to add eight additional residential units and further increase the property's income-producing capacity.
The combination of 100% occupancy, diversified existing income, and multifamily development potential provides an opportunity for an investor to acquire a performing mixed-use asset today with a path for additional growth.
Location
State KS
County Wyandotte
Zoning C
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available
Building
Story 2
Others
Acceptable Financing Cash, Conventional, Other
Listing Terms Cash, Conventional, Other
Nearby Locations
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