712 Broadway St - Office/Residential CONDO FOR SALE


Kansas City, MO 64105- Quality Hill
$795,000 USD
816-298-0913
712 Broadway St, Kansas City, MO for Sale
$795,000 USD
Office/Residential CONDO - FOR SALE
1/18
null | 8% Cap Rate

712 Broadway St
Kansas City, MO 64105
Quality Hill


OVERVIEW

Built in 1903 by renowned Kansas City architects Smith & Rea, the Fountains Lofts is a stunning example of Commercial/Second Renaissance Revival architecture. Originally home to the Faxon, Horton & Gallagher Drug Company, this National Register-eligible landmark has been meticulously restored to preserve its historic heavy timber structure and ornate gray/taupe brick façade while delivering modern Class A office functionality. The building sits in the epicenter of the revitalized Garment District, surrounded by upscale restaurants, live music venues, craft cocktail bars, and coffee shops. The popular River Market district lies just blocks to the northeast, offering fresh produce markets and eclectic retail. Exceptional connectivity is provided via the Broadway Bridge (immediate interstate access), the KC Streetcar on Main Street, multiple bus lines along Broadway, and a B-Cycle station directly in front of the property. Rarely does a fully leased, turn-key trophy asset of this architectural significance and income stability become available in Downtown Kansas City. The Fountains Lofts represents a legacy-quality investment in one of the Midwest’s fastest-growing and most dynamic urban cores.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$83 USD /SF

CAP RATE

8%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fountains Lofts

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

9,598 SF

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1903

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

Commercial/Residential

APN/PARCEL ID

29-310-20-05-00-0-00-000,29-310-20-05-00-0-01-001,29-310-20-05-00-0-03-001,29-310-20-05-00-0-03-002,29-310-20-05-00-0-03-004,29-310-20-05-00-0-03-007,29-310-20-05-00-0-04-003,29-310-20-05-00-0-04-006,29-310-20-05-00-0-05-004,29-310-20-05-00-0-05-005,29-310-20-05-00-0-05-006,29-310-20-05-00-0-05-007,29-310-20-05-00-0-06-007,29-310-20-05-00-0-07-001,29-310-20-05-00-0-07-002,29-310-20-05-00-0-07-003,29-310-20-05-00-0-07-004,29-310-20-05-00-0-07-005,29-310-20-05-00-0-08-002,29-310-20-05-00-0-08-007

ASK ABOUT THIS PROPERTY

Will FrickerReThink KC Real Estate, LLCMore Info
816-298-0913

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Will FrickerReThink KC Real Estate, LLCMore Info
816-298-0913

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