225 N 7th St - Flex FOR SALE


Kansas City, KS 66101- Riverview
$359,000 USD
816-607-1098
225 N 7th St, Kansas City, KS for Sale
$359,000 USD
Flex - FOR SALE
1/10
null | 7.78% Cap Rate

225 N 7th St
Kansas City, KS 66101
Riverview


HIGHLIGHTS

  • Fully leased mixed-use corner building – 3 income-producing units
  • $36.6K gross income / $27.9K NOI ? 7% cap at list
  • Major recent upgrades + value-add potential with full basement (4th unit or storage income)

OVERVIEW

Fully occupied, mixed-use investment property, residential and commercial - beautiful historic stone, downtown row store, in a prime KCK location! Corner building on high-traffic 7th St Trafficway, just blocks from Central Ave, shopping, restaurants, and highway access. 3 income-producing Units: updated 2BR/1BA apartment upstairs ($1,000/mo), one updated commercial unit ($1,000/mo), and one long-term commercial tenant ($1,050/mo). Gross scheduled income $36,600 annually with expenses under $9K, offering a 7% cap rate at list price. --- Recent updates include new roof, furnaces, water heater, electric, and repaved parking in the past year, plus interior renovations in 2 of 3 units. Full basement with interior and exterior access provides additional upside—previously finished office space, currently used by owner as storage - could easily be finished for extra income! - Strong tenant stability, renewed leases, and value-add potential make this a great entry-level or portfolio investment. - Residential unit is moving out 05/26, updated commercial unit is on month to month lease now, making a live/work opportunity for someone!

FOR SALE DETAILS

PRICE

$359,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

7.78%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14

LAND SF

6,098

ZONING

C-3

APN/PARCEL ID

119115

ASK ABOUT THIS PROPERTY

Stephen FennellAll RealtyMore Info
816-607-1098

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Stephen FennellAll RealtyMore Info
816-607-1098

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