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5400 E 12th St 7,200 SF Retail Building Kansas City, MO 64127 $450,000 ($62.50/SF) 4.64% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Large Parking Lot
  • Open Plan with large dance floor
  • commercial Kitchen
  • centrally located

EXECUTIVE SUMMARY

Venue, Venue, Venue !! Prime Investment Property that's currently being used as a Multi-floor Venue. Set up for DJ booth on both the Main Level and Basement Level. Main level is set up to hold 300+ guests and includes a large open dance floor, set capacity for for several tables/chairs, large kitchen are for catering that includes 10 burner commercial stove, DJ booth and bathrooms. The Basement Level can host up to 100 people and features a large wet bar, dance floor area ample space for table and chairs and also a DJ booth. This property has only been utilized on a part-time basis BUT this property could bring so much more potential !!

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL ANNUAL PER SF
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes - -
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income
Annual -
Annual Per SF -
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,200 SF
Building Class
C
Year Built/Renovated
1960/2016
Price
$450,000
Price Per SF
$62.50
Cap Rate
4.64%
NOI
$20,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
0.71 AC
Opportunity Zone
Yes
Zoning
C-2 - general commercial
Parking
45 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
99’ on 12th St

AMENITIES

  • Conferencing Facility
  • Fenced Lot
  • Signage
  • Accent Lighting
  • Air Conditioning

NEARBY MAJOR RETAILERS

Cosentino's Price Chopper
Rent-A-Center
UMB Bank
Order Express, Inc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-210-22-29-00-0-00-000
Land Assessment
$123,091 (2025)
Improvements Assessment
$5,072 (2025)
Total Assessment
$128,163 (2025)
  • Listing ID: 30180011

  • Date on Market: 11/28/2023

  • Last Updated:

  • Address: 5400 E 12th St, Kansas City, MO 64127

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