### Prime Redevelopment / Value-Add Opportunity in the heart of the Prospect Corridor District ### **5301 Prospect Avenue, Kansas City, MO 64130-3612** --- #### Property Overview * **Address:** 5301 Prospect Avenue, Kansas City, Missouri 64130-3612 * **Square Footage:** Approximately 2,300 sq ft existing building * **Lot Size:** ±0.25 acres / \~10,890 sq ft * **Year Built:** 1940 --- #### Key Selling Points * **High Visibility & Corner Location** – The building is situated on a corner lot with excellent frontage, offering strong exposure. Convenient access to major roads including U.S. Highway 71 southbound. * **Versatility & Flexibility** – Because of its condition the site offers two paths: 1. Renovate / restore the existing structure for your own use. 2. Demolish & redevelop the land for a new build. * **Value Pricing** – Priced significantly below replacement cost, this presents an attractive entry point for investors, developers, or business-owners seeking to tap into Kansas City’s commercial redevelopment market. * **Strategic Location** – Positioned in a corridor that benefits from both traffic and proximity to commerce. Ideal for a wide range of commercial uses (retail, office, service, possibly light industrial subject to zoning). --- #### Opportunity & Potential Uses * Retail storefront / service business * Restaurant / fast-casual / mixed use retail-office * Community commercial / neighborhood anchor * Redevelopment to small office suite complex or creative use * Land redevelopment for new build with modern design --- #### Investment Highlights * Low basis making upside substantial * Strong price per square foot given lot size and exposure * Possibility to leverage redevelopment incentives depending on municipal programs * Owner / user or speculative investor opportunity --- #### Considerations * Property has sustained fire damage; costs of renovation will need to be assessed. * Zoning verification and utility connections should be confirmed. * Timing for redevelopment may vary depending on permitting & local code. --- Contact & Next Steps: For additional information, interior & exterior photos, site plans, and to arrange a site visit, Pics: https://drive.google.com/drive/folders/1Y6eJfGSRaWcL38364fyxHIRtY-uAYPO2?usp=sharing Please contact: Stephen Douglas Fennell, Commercial & Residential Real Estate, EVP Realty One Group Encompass LLC O- 816-607-1098 M- 913-748-6258 ---