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1624 Grand Blvd
Kansas City, MO 64108
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Net lease – Tenant reimburses all operating expenses and property taxes
- Landlord maintains only structural & exterior
- Prestigious Crossroads location with long-term redevelopment upside
- Thriving social destination with loya l following and consistent foot t raffic
EXECUTIVE SUMMARY
Welcome to the heartbeat o f Kansas City’s Crossroads Arts Dist r i ct – a rare opportunity to own a f u l l y leased, architecturally stunning building with a tenant lineup that defines local culture and craft. This historic, beautifully restored asset is home to Messenger Coffee Co. + Ibis Bakery, one of the c i ty’s most beloved destinations for artisanal coffee, freshly baked bread, and a magnetic social scene. https://messengercof fee.co/pages/1624-grand. The historic building is a solid brick and concrete structure that was extensively renovated in recent years, including new windows, plumbing and mechanical systems, operational freight and passenger elevators, roof, and high-end creative interior finishes, featuring a decorative stairwell, soaring atrium, and full commerc i a l restaurant build-out to accommodate the coffee and bakery operations of the tenant .
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
16,500 SF
Building Class
B
Year Built/Renovated
1974/2018
Price
$3,450,000
Price Per SF
$209.09
Tenancy
Single
Building Height
3 Stories
Building FAR
2.81
Lot Size
0.13 AC
Zoning
DX-15 - Residential and Professional Office District
Frontage
125’ on Grand
PROPERTY TAXES
| Parcel Number | 29-230-34-06-00-0-00-000 | Improvements Assessment | $587,472 |
| Land Assessment | $112,627 | Total Assessment | $700,099 |
PROPERTY TAXES
Parcel Number
29-230-34-06-00-0-00-000
Land Assessment
$112,627
Improvements Assessment
$587,472
Total Assessment
$700,099
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