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3219 Troost Ave 17,600 SF Retail Building Kansas City, MO 64109 $1,500,000 ($85.23/SF)
Investment Highlights
- Located in Economic Opportunity Zone and Troost PIEA
- Also includes 1,800sf garage and adjacent commercial lot 3220 Forest Ave for future parking
- Solid concrete construction with concrete floors and ceilings
Executive Summary
Located in an Economic Opportunity Zone and PIEA, this Troost Corridor building is in a rapidly developing area. This turn of the century building is 3 story with 4,000s/f floor plates with concrete floors and tin molded concrete ceilings. Ceiling heights range between 12 and 18' dependent on the floor. Because of the concrete construction, floor plates can either be wide open or partitioned into offices. The 3,800s/f dry basement has been historically leased to long term tenants and has an outside entry and ramp as well as 3 phase power. In addition to the building, there is an 1,800s/f attached garage with 3 bays doors and enough clearance to fit trucks and RV's as well as an adjacent commercial lot 3220 Forest. There are currently multiple tenants leasing but leases allow for 180 day termination. There is a passenger elevator that is inoperable but could be restored. Roof, windows, HVAC, stucco and 3 phase power all updated within the last 10 years.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$114,945,600
|
$6,531.00
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $114,945,600 |
| Annual Per SF | $6,531.00 |
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
17,600 SF
Building Class
C
Year Built
1920
Price
$1,500,000
Price Per SF
$85.23
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
0.81
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
Commerical - Zoned Retail Commercial
Parking
5 Spaces (0.28 Spaces per 1,000 SF Leased)
Frontage
67’ on Troost Ave
Amenities
- Property Manager on Site
- Security System
- Signage
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-730-08-05-00-0-00-000 | Improvements Assessment | $213,728 (2025) |
| Land Assessment | $27,872 (2025) | Total Assessment | $241,600 (2025) |
Property Taxes
Parcel Number
29-730-08-05-00-0-00-000
Land Assessment
$27,872 (2025)
Improvements Assessment
$213,728 (2025)
Total Assessment
$241,600 (2025)
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3219 Troost Ave
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