1600 Locust St - Storefront Retail/Office FOR SALE


Kansas City, MO 64108- Hospital Hill
$1,899,000 USD
816-591-4635
1600 Locust St, Kansas City, MO for Sale
$1,899,000 USD
Storefront Retail/Office - FOR SALE
1/19
null | Request Cap Rate

1600 Locust St
Kansas City, MO 64108
Hospital Hill


HIGHLIGHTS

  • High performing short term rental plus commercial space
  • 6,020 sf (±) building, includes 2 parking stalls
  • 2,000 sf (±) commercial space on 1st floor available for owner-user or tenant
  • Fully renovated in 2021
  • Located minutes from Power & Light District, T-Mobile Center and dozens of restaurants

OVERVIEW

This property offers a unique opportunity combining a high-performing short-term rental with versatile commercial space in a prime location. The building spans approximately 6,020 square feet and includes two dedicated parking stalls. The first floor features about 2,000 square feet of commercial space, available for an owner-user or tenant, providing flexibility for various business needs. The second floor is home to a highly rated short-term rental operation, offering five bedrooms, three and a half bathrooms, and accommodations for up to 12 guests. This STR has been generating strong revenue and includes two inviting exterior patio spaces. Fully renovated in 2021, the property boasts modern finishes and an attractive layout. Ideally located just minutes from the Power & Light District, T-Mobile Center, and numerous restaurants, it is positioned to capture consistent demand for both lodging and retail. The property is offered for sale at $1,899,000.

FOR SALE DETAILS

PRICE

$1,899,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1885

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

Commercial/ Residential

APN/PARCEL ID

29-240-33-01-00-0-00-000

ASK ABOUT THIS PROPERTY

John HoeferNewmark ZimmerMore Info
816-591-4635

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John HoeferNewmark ZimmerMore Info
816-591-4635

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