2115-2125 31st Street, Kansas City, MO 64109

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$398,999
 est. $1,873/mo

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!

Directions
71 HIGHWAY TO EAST 31ST STREET. Building sits on the south west side corner of 31st and Brooklyn.
City
Kansas City
County
Jackson
Property Type
Commercial Sale / Retail
Listing Updated
May 02, 2024 at 11:05am
MLS Number
2472289
Property Tax
$4,500
Zoning
$Retail
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