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1200 Argentine Blvd 2,970 SF Retail Building Kansas City, KS 66105 $300,000 ($101.01/SF) 10% Cap Rate



Investment Highlights
- Historic Brick Building, Close to Downtown, Parking, Garage, Open Space, Access to Highway, Close access to Railroad Hub, Close to Riverfront, Highway
- Open plan with exposed brick
Executive Summary
Commercial opportunities like this don't come along often, so don't miss your chance to own this incredible historic property! Built nearly 100 years ago, this distinctive brick building is full of character and a classic design that stands out from the ordinary. Conveniently located near Downtown, the property offers excellent accessibility with easy access to major highways, the University of Kansas Medical District, the city's primary railroad hub, and the riverfront district. Another big advantages? On-site parking, which is a rare find for a property in this location. The building offers the perfect footprint for a variety of commercial uses, including warehouse, manufacturing, industrial, storage, creative workspace, or countless other business ventures. The current owner has already completed several major improvements, adding tremendous value and opportunity for the next owner. Even better, permits are already in place to expand the interior square footage and reconfigure the layout to fit your vision. Whether you're looking to grow your business, invest, or create something entirely new, this property offers exceptional potential in a highly accessible location. Schedule your private tour today!
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$40,000
|
$13.47
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$40,000
|
$13.47
|
| Taxes |
$5,000
|
$1.68
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$5,000
|
$1.68
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $40,000 |
| Annual Per SF | $13.47 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $40,000 |
| Annual Per SF | $13.47 |
| Taxes | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $1.68 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $5,000 |
| Annual Per SF | $1.68 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,970 SF
Building Class
C
Year Built
1930
Price
$300,000
Price Per SF
$101.01
Cap Rate
10%
NOI
$30,000
Tenancy
Single
Building Height
2 Stories
Loading Docks
15 Exterior
Slab To Slab
11’
Building FAR
0.31
Lot Size
0.22 AC
Zoning
KRP4
Frontage
45’ on Argentine Blvd
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 068283 | Total Assessment | $29,921 (2025) |
| Land Assessment | $8,418 (2025) | Annual Taxes | $5,000 ($1.68/SF) |
| Improvements Assessment | $21,503 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
068283
Land Assessment
$8,418 (2025)
Improvements Assessment
$21,503 (2025)
Total Assessment
$29,921 (2025)
Annual Taxes
$5,000 ($1.68/SF)
Tax Year
2026
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1200 Argentine Blvd
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