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3009 Independence Ave
Kansas City, MO 64124
Retail Property For Sale


EXECUTIVE SUMMARY
Top floor is used for apartments and bottom floor for retail. Has 13,apartments, five storefronts, two large lots and sits in a corner.
Turkey business owner will take 300 k down,
amortization in 30 years at 6% balloon in 10 or less. Great opportunity to add to your portfolio all store funds are least 3 of the apartments are needed of some repair . There are tenants that have been there for 10 years or more. great location, right off the freeway close to downtown and the airport.
Turkey business owner will take 300 k down,
amortization in 30 years at 6% balloon in 10 or less. Great opportunity to add to your portfolio all store funds are least 3 of the apartments are needed of some repair . There are tenants that have been there for 10 years or more. great location, right off the freeway close to downtown and the airport.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
7,440 SF
Building Class
C
Year Built/Renovated
1925/1950
Price
$1,500,000
Price Per SF
$201.61
Cap Rate
8.50%
NOI
$127,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.46
Lot Size
0.37 AC
Opportunity Zone
Yes
Parking
17 Spaces (2.28 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 28-320-02-05-00-0-00-000 | Improvements Assessment | $56,842 |
| Land Assessment | $57,437 | Total Assessment | $114,279 |
PROPERTY TAXES
Parcel Number
28-320-02-05-00-0-00-000
Land Assessment
$57,437
Improvements Assessment
$56,842
Total Assessment
$114,279
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