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3222-3228 Troost Ave 10,500 SF Retail Building Kansas City, MO 64109 $600,000 ($57.14/SF)



Investment Highlights
- Prime location with great frontage on Troost Ave.
Executive Summary
+/- 10,000 SF building restored to shell condition ready to rebuild to-spec. Sale includes building parcel and 3-parcel parking lot behind (West) of building. Located within the Troost Corridor Overlay District.
Link to a virtual tour of the property:
https://my.matterport.com/show/?m=kX4JY7cnmMy
Parcels included in Purchase:
29-840-17-25-00-0-00-000
29-840-17-16-00-0-00-000
29-840-17-18-00-0-00-000
29-840-17-19-00-0-00-000
Link to a virtual tour of the property:
https://my.matterport.com/show/?m=kX4JY7cnmMy
Parcels included in Purchase:
29-840-17-25-00-0-00-000
29-840-17-16-00-0-00-000
29-840-17-18-00-0-00-000
29-840-17-19-00-0-00-000
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$131,250
|
$12.50
|
| Other Income |
$11,250
|
$1.07
|
| Vacancy Loss |
$10,500
|
$1.00
|
| Effective Gross Income |
$132,000
|
$12.57
|
| Taxes |
$3,508
|
$0.33
|
| Operating Expenses |
$12,000
|
$1.14
|
| Total Expenses |
$15,508
|
$1.48
|
| Net Operating Income |
$116,492
|
$11.09
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $131,250 |
| Annual Per SF | $12.50 |
| Other Income | |
|---|---|
| Annual | $11,250 |
| Annual Per SF | $1.07 |
| Vacancy Loss | |
|---|---|
| Annual | $10,500 |
| Annual Per SF | $1.00 |
| Effective Gross Income | |
|---|---|
| Annual | $132,000 |
| Annual Per SF | $12.57 |
| Taxes | |
|---|---|
| Annual | $3,508 |
| Annual Per SF | $0.33 |
| Operating Expenses | |
|---|---|
| Annual | $12,000 |
| Annual Per SF | $1.14 |
| Total Expenses | |
|---|---|
| Annual | $15,508 |
| Annual Per SF | $1.48 |
| Net Operating Income | |
|---|---|
| Annual | $116,492 |
| Annual Per SF | $11.09 |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
10,500 SF
Building Class
C
Year Built
1911
Price
$600,000
Price Per SF
$57.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.56 AC
Zoning
B4-5 - B4-5, R-1.5
Parking
55 Spaces (5.24 Spaces per 1,000 SF Leased)
Frontage
150’ on Troost
Amenities
- Corner Lot
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Total Assessment | $259,257 | |
| Land Assessment | $129,126 | Annual Taxes | $3,508 ($0.33/SF) |
| Improvements Assessment | $130,131 | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$129,126
Improvements Assessment
$130,131
Total Assessment
$259,257
Annual Taxes
$3,508 ($0.33/SF)
Tax Year
2025
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
CCRS
3222-3228 Troost Ave
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