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Superior Buildings 2020-2060 Walnut St 73,440 SF Industrial Building Kansas City, MO 64108 For Sale

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INVESTMENT HIGHLIGHTS

  • One of the last large redevelopment opportunities in the Crossroads!
  • Multiple tax incentives already granted and in place

EXECUTIVE SUMMARY

The Superior Buildings site at 2020 Walnut is one of the last large redevelopment opportunities in Kansas City’s Crossroads District. The site includes approximately 73,000 sf of existing space across two buildings, with tax incentives already in place.
These buildings are primed for their next iteration as dynamic office space for 21st century companies that will leave their own mark on Kansas City and the Crossroads.
This offering includes two buildings, with a total of ten floors across the two buildings, including lower levels in both buildings.  Each building footplate is approx. 102 ft x 72 ft, or 7,344 sf. Total square footage is 73,440 sf.
The buildings have been demoed and remediated to a clean and clear shell.  Listed on the national register.
Incentives Available:
Economic Activity Taxes (EATs) Reimbursement
-Includes KCMO Earnings Tax
-Reimbursement amount will likely be $5,000,000+
Community Improvement District (CID)
-Approval for sales tax collection
Freight House Village Planned Industry Expansion Authority (PIEA)
-75% tax abatement for 10 years, plus 37.5% tax abatement for 5 years and exemption from construction material sales taxes

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Condition Building in Shell Condition
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • General Retail Storefront Retail/Office
  • Office Office Residential
Building Class B
Lot Size 0.50 AC
Rentable Building Area 73,440 SF
No. Stories 5
Year Built 1923
Tenancy Single
Parking Ratio 0.48/1,000 SF
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 1
Zoning Commercial

AMENITIES

  • Fenced Lot
  • Signage
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
29-520-47-06-00-0-00-000
Land Assessment
$256,000
Improvements Assessment
$960,000
Total Assessment
$1,216,000
  • Listing ID: 30336224

  • Date on Market: 12/10/2023

  • Last Updated:

  • Address: 2020-2060 Walnut St, Kansas City, MO 64108

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