11 S 17th Street, Kansas City, KS 66102
sale
$500,000
|
Retail
Courtesy Of Key Partners LLC
Beautiful all-brick mixed-use commercial building in a prime, high-traffic location on Central Avenue offering an exceptional investment opportunity. The main level features two established commercial tenants-a charming bakery/coffee shop full of character and a Boost Mobile retail location-providing strong income potential and excellent street presence. The expansive basement spans the full footprint of the building, offering over 2,000 square feet of valuable storage space. Upstairs, you'll find two beautifully maintained art deco-esque residential apartments, each with private outdoor patio space. One unit features 3 bedrooms and 2 bathrooms with stunning original woodwork, in-unit laundry, and timeless architectural charm. The second apartment offers 2 bedrooms and 1 bathroom with hardwood floors and impressive city views. A dedicated private parking lot adds tremendous value and convenience for both residential and commercial tenants. Property features split utilities, allowing tenants to pay their own expenses, and HVAC systems for four units have been replaced within the past 8 years. Located in an evolving and growing area of KCK, this property presents an outstanding opportunity for investors seeking a well-positioned, income-producing asset with upside potential. Rents and leases available upon request- at full occupancy building has the possibility of hitting a 7 cap!
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Property Features
- Age: Over 50 Years Old
- Floors: 2
- Legal Description: REYNOLDS GRANDVIEW PARK RES, S9, T11, R25, ACRES 0.14, B5 L1 & L2 NORTH OF FOLL LINE: BEG 70.35FT N OF SE COR L2; W 41.94FT, S03W- 2.39FT, S87W-3.49FT, S 7.31FT, W 44.64FT TO PT 60.18FT N OF SW COR L1
- MLSID: 2621131
- Parking Spaces: 5
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