Active
2115-2125 31st Street
Kansas City MO, 64109
$350,000
Active
Commercial
Offering this 10 unit mixed use asset with significant value add and development potential at $50K/door! 5 residential and 5 commercial spaces. Rehab the large residential spaces and occupy at market rates. Commercial spaces can be rented with triple net leases allowing an owner's costs to be 100% covered by the tenant! Hair Salon, mechanic shop, coffee shop and laundromat are a few explored ideas for the commercial spaces. Whether it's a business owner looking to run their own business and earn some cash flow, an investor holding for the long term, or a flipper looking to earn substantial returns post rehab, the options are endless.
Bonus: Large parcel of land included. Land can be used to develop several multifamily units or an additional mixed use asset. Located in an opportunity zone, tax credits and city funding could be utilized to further enhance one's return!
2472289
MLSⓇ ID
February 9, 2024
Listed
November 22, 2024
Updated
Map
2115-2125 31st Street
Kansas City MO, 64109
Interior Features
Total Stories
2
Interior Features
Living Quarters, Private Restroom, Public Restroom
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.72 Acres
Other Property Details
Area Name
202 - Kansas City Area (So. of River)
Garage
No
Parking
Leased, See Remarks
View
No
County
Jackson
Pool
No
Zoning
Retail
Listing History
Date | Event | Price |
|---|---|---|
10/25/2024 | Price change | $350,000 -7% |
Courtesy of Aristocrat Realty, Yaser Khani,
Listing Contact: 816-929-0000
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Data last updated: 11/22/2024, 7:10 AM UTC