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Investment Highlights

  • Heavy drive by traffic
  • Owned parking lot
  • 4 separate offices
  • Located on the main road just down from shops/restaurants
  • Brick building
  • Full kitchen in the middle of building

Executive Summary

Originally built as a bank, this solid brick building on slab offers 2,460+/- square feet of character, flexibility, and a location that’s tough to beat. Zoned C-2 allowing for a wide range of retail, space, and serviced based uses ideal opportunity for owner, user, or investor to renovate and customize for their business or portfolio. Potentially eligible for the 353 Tax Abatement Program with approval and meeting all guidelines. Situated right on Broadway, the heartbeat of downtown Excelsior Springs, you’re just steps from major events like the BBQ Festival, Waterfest, and surrounded by local shops, boutiques, restaurants, and steady vehicle traffic year round. Even parade routes are just a block away. The exterior provides strong curb appeal with room to enhance even further with simple landscaping improvements. The property also features side parking and a drive around area that was previously used as a drive thru, adding functionality and future potential. Inside, the building is ready for updates but offers a highly functional layout with multiple possibilities. The front portion includes two private offices with an open, flexible space between them that works well as a reception area, shared workspace, or retail-style setup. One office features a fireplace, adding a unique touch. A centrally located bathroom sits between the front offices for convenience. Toward the middle of the building, you’ll find a full kitchen, creating additional versatility for office, studio, or mixed use concepts. The back of the building includes two large rooms that could serve as offices, meeting spaces, or private suites, with one offering direct access to a courtyard through a sliding glass door for added natural light and indoor outdoor flow.With the right vision and city approval, this property could easily function as multiple office suites, a boutique business, creative workspace, or investment opportunity with low overhead. This is a property for someone ready to bring new life into a well located building with strong bones and unlimited potential.

Taxes & Operating Expenses (Actual - 2026)

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026)

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $6,034,552
Annual Per SF $2,738.00

Property Facts

Sale Type
Owner User
Sale Conditions
Deferred Maintenance
Property Type
Office
Building Size
2,204 SF
Building Class
C
Year Built
1968
Price
$170,000
Price Per SF
$77.13
Building Height
1 Story
Typical Floor Size
2,204 SF
Building FAR
0.11
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C-2 - C-2 zoning allows retail, office, and service uses with broad commercial flexibility; subject to city approval and regulations.

Amenities

  • Courtyard
Fairly walkable
40/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
12-311-00-31-014.00
Land Assessment
$0 (2025)
Improvements Assessment
$0 (2025)
Total Assessment
$35,170 (2025)
  • Listing ID: 40045158

  • Date on Market: 4/6/2026

  • Last Updated:

  • Address: 321 W Broadway St, Excelsior Springs, MO 64024

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