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The Stanley Building 308-312 SE Douglas St 12,000 SF 100% Leased Retail Building Lee's Summit, MO 64063 $4,250,000 ($354.17/SF) 7.06% Cap Rate
Investment Highlights
- Established event business and event venue building
- Three remarkable spaces for events
- Bookings into 2026
- Price includes approximately $200,000 of FFE
Executive Summary
The property is an established event business and venue featuring bookings already secured into 2026. It offers three remarkable spaces ideal for hosting events or operating a business, encompassing a total of 16,725 square feet, including the stunning Aspen Roof Top. The sale price also includes approximately $200,000 worth of furniture, fixtures, and equipment (FFE), adding significant value to the offering. Building and business for sale!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
12,000 SF
Building Class
B
Year Built
2013
Price
$4,250,000
Price Per SF
$354.17
Cap Rate
7.06%
NOI
$300,000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
1.09
Lot Size
0.25 AC
Zoning
C-1 - Commercial
Parking
30 Spaces (2.5 Spaces per 1,000 SF Leased)
Frontage
92’ on Douglas St
Very walkable
80/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 61-230-17-27-00-0-00-000 | Improvements Assessment | $647,693 |
| Land Assessment | $37,715 | Total Assessment | $685,408 |
Property Taxes
Parcel Number
61-230-17-27-00-0-00-000
Land Assessment
$37,715
Improvements Assessment
$647,693
Total Assessment
$685,408
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Contact the Sale Advisor
The Stanley Building | 308-312 SE Douglas St