101 W Broadway Avenue
Excelsior Springs, MO, 64024 $ 565,000
Bedrooms-- Baths-- Monthly Estimate*
$ 3,525
for $565,000. This building was built in 1900 on a lot size of 0.109665.
Prime investment opportunity in the heart of Historic Downtown Excelsior Springs! 101 W Broadway Avenue is a beautifully maintained 100% occupied mixed-use building featuring two commercial storefronts, a partial basement, and four fully finished luxury loft apartments on the upper level. The main level includes Italian Restaurant, currently undergoing an exciting renovation with future reopening plans, offering exclusive access to the property’s basement — ideal for storage, prep, or future expansion. The second storefront is home to, a charming boutique retail shop offering artisan soaps, trinkets, jewelry, and unique gifts that draw consistent downtown foot traffic and enhance the property’s visibility. The upper level showcases four luxury lofts — each a two-bedroom, one-bath residence thoughtfully designed with tall ceilings, large windows overlooking downtown, and a mix of modern updates and historic charm. Open living areas, efficient kitchens, and strong tenant retention make these units highly desirable and income-stable. This property stands as a rare turnkey investment within Excelsior Springs’ thriving downtown corridor — steps from The Elms Hotel & Spa, boutique shopping, restaurants, and city events that bring year-round vibrancy and growth. Key Highlights: 100% occupancy with strong, stable tenants, Two main-level commercial units with excellent visibility and foot traffic, Partial basement (accessible Italian Restaurant), Four updated 2-bedroom, 1-bath luxury lofts with consistent rental performance, Prime corner location in Excelsior Springs’ historic downtown district, Ideal for long-term investors, mixed-use portfolio diversification, or 1031 exchange buyers
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FeaturesGeneralUtilities Service - 220v Electricity Available Natural Gas Available Sewer Available
Possession Close Of Escrow
Zoning C-2
Year Built 1900
Property Subtype Business
Current Use Other Restaurant Retail
Business Type Gift Shop Other Restaurant
County Clay
Property Type Business Opportunity
Subdivision Name Other
Status Active
Directions 10 HWY East Through Excelsior Springs To The Downtown Historic District Go Left/North On S Thompson Ave To Broadway Ave Go Right/East On Broadway To Property Located On The Right/South Side Of Street
City Excelsior Springs
MLS Area 107 - East of I-35 & South of Hwy 92
Lot Size Units Square Feet
Lot Size Square Feet 4777
Listing Terms Cash Conventional
Public Remarks Prime investment opportunity in the heart of Historic Downtown Excelsior Springs! 101 W Broadway Avenue is a beautifully maintained 100% occupied mixed-use building featuring two commercial storefron
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN N
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ExteriorParking Features Parking Lot On Street
Lot Size Area 4777
Road Surface Type Paved
Road Frontage Type City Street
Road Responsibility Public Maintenance
Location Features Business District Corner Lot
Number of Docks 0
Number of Drive In Doors 0
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* Excluded FeaturesList ByRe/Max Area Real EstateBroker
Affordability Calculator
- Monthly Principal & Interest
- $3,525
- Monthly Property Taxes
- $518
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% 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.
Learn more about how to save NearbyCommerical listings in Excelsior Springs, MO
Average List Price $631,409
Percent of Sale Price 12%
About Excelsior Springs, MO 10,949 Population
2% Since 2002
$ 49,061 Median Income
37.93 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
652738 Elementary School
652859 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/7/2025 | $565,000 | | Listed Price |