313 N 10 Street, Kansas City, KS 66102
sale
$1,990,000
|
Other
Courtesy Of Platinum Realty
100% occupied mixed-use investment property offering multiple existing income streams with additional development potential. The 11,010 SF building features an established event space with bridal suite, six studio office spaces, three studio apartments, one 1-bedroom apartment, and seven storage units. The diverse tenant mix provides income across commercial, residential, event, and storage uses, making the property attractive as a stabilized investment while also offering flexibility for a future owner-user or event business operator. Beyond the existing building and current cash flow, the sale includes additional land with residential development potential. Plans can be provided for the development of two 4-unit quadplexes, creating the potential to add eight additional residential units and further increase the property's income-producing capacity. The combination of 100% occupancy, diversified existing income, and multifamily development potential provides an opportunity for an investor to acquire a performing mixed-use asset today with a path for additional growth.
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Property Features
- Age: Over 50 Years Old
- Floors: 2
- Legal Description: FOREST GROVE & 0929, S9, T11, R25, ACRES 1.020000, B3 W 20FT L17 & ALL L18 TO L30
- MLSID: 2629254
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