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

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
¦ 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 | Number of Properties | 2 |
| Price / SF | $116.53 / SF | Individually For Sale | 0 |
| Cap Rate | 9% | Total Building Size | 4,720 SF |
| Sale Type | Investment | Total Land Area | 0.33 AC |
| Status | Active |
| 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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E 23rd St
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