2115-2125 31st Street Kansas City, MO $ 465,000
2115-2125 31st Street
$ 465,000
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2115-2125 31st Street

Kansas City, MO, 64109
$ 465,000
Baths0.0

Monthly Estimate*

$ 3,248

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Studio

Commercial Property for sale in Kansas City, MO

for $465,000. The lot size is 0.724839.

Offering this 10 unit mixed use asset with significant value add and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at market rates. Commercial spaces can be rented with triple net leases allowing an owner's costs to be 100% covered by the tenant! Hair Salon, mechanic shop, coffee shop and laundromat are a few explored ideas for the commercial spaces. Whether it's a business owner looking to run their own business and earn some cash flow, an investor holding for the long term, or a flipper looking to earn substantial returns post rehab, the options are endless. Bonus: Large parcel of land included. Land can be used to develop several multifamily units or an additional mixed use asset. Located in an opportunity zone, tax credits and city funding could be utilized to further enhance one's return!

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Commercial Active

Price

$ 465,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,500

Style

Lot Size

0.724839

Town/City

Kansas City

County/Region

Jackson

MLS | Web ID

2472289

Features
General
Interior Features Living Quarters Private Restroom Public Restroom
Utilities Service - 220v
Zoning Retail
Property SubType Retail
Current Use Automotive Beauty Shop Other
Business Type Other
County Jackson
Property Type Commercial Sale
Status Active
Directions 71 HIGHWAY TO EAST 31ST STREET. Building sits on the south west side corner of 31st and Brooklyn.
City Kansas City
MLS Area 202 - Kansas City Area (So. of River)
Lot Size Square Feet 31574
Street Name 31st
Listing Terms Cash Conventional Other
Public Remarks Offering this 10 unit mixed use asset with significant value add and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at mark
Standard Status Active
HMS_MaintenanceProvidedYN N
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Exterior
Parking Features Leased See Remarks
Lot Size Area 31574
Lot Size Units Square Feet
Road Frontage Type City Street
Location Features Corner Lot Strip Center
Number of Docks 0
Number of Drive In Doors 0
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Interior
Total Stories 2
Street Suffix Street
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* Excluded Features
List By
Aristocrat Realty

Broker

Affordability Calculator

$3,623
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,248
Monthly Property Taxes
$375
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
652738 Elementary School
652859 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$465,000 -7.00% Price Down
2/9/2024$500,000 Listed Price

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2115-2125 31st Street, Kansas City, MO, 64109 is a Commercial Property for sale at $465,000 with a lot size of 0.724839. 2115-2125 31st Street is a studio with 0.0 baths. The property's zip code is 64109 which is in Kansas City, MO