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E 23rd St 2 Properties Offered at $550,000 in Independence, MO

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INVESTMENT HIGHLIGHTS

  • 100% Occupied Cash Flowing Investment Property.
  • 3,800 SF street level and 3,634 SF downstairs office/garage space.
  • Perfect starter investment property.
  • Strong local tenants with history at the property.
  • Excellent signage and visibility to 23rd Street.
  • Strong in-place income.

EXECUTIVE SUMMARY

¦ 100% Occupied Cash Flowing Investment Property
¦ Strong local tenants with history at the property
¦ 3,800 SF street level and 3,634 SF downstairs
office/garage space
¦ Excellent signage and visibility to 23rd Street
¦ Perfect starter investment property
¦ Strong in-place income

PROPERTY FACTS

Price $550,000
Price / SF $116.53 / SF
Cap Rate 9%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 4,720 SF
Total Land Area 0.33 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
615-623 E 23rd St S, Independence, MO 64055 Office 4,305 SF 1977 -
603 E 23rd St S, Independence, MO 64055 Retail 415 SF 1976 -
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  • Listing ID: 38396220

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: E 23rd St, Independence, MO

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