Historic Westport Mixed-Use
4112 Pennsylvania Avenue Kansas City, MO 64111
For Sale
$1,999,000
COMMERCIAL - Kansas City, MO
Property Size10,000 SF
Lot Size0.07 Acres
Price / SF$199.90
Days on Market649
Property Features for 4112 Pennsylvania Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- M15
- Interior features
- In-Law Floorplan, Elevator
- Accessibility
- Accessible Elevator Installed
- Standard status
- Active
- APN
- 999999
- Size
- 10,000 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- Westport CID Lot 8
- Tax Annual Amount
- 20000
Utilities
- Utilities
- Water Available
Building Details
- Year built
- 1843
- Floors in Building
- 3
Listing Agency:
Weichert, Realtors Welch & Co.
(913) 647-5700
Listed By:
Laurie Ingram · License #2017022636
(816) 506-2127
Added: Oct 15, 2024
Changed: May 13
Last Checked: Jul 25 at 9:06PM
MLS# 2515454
Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic building, constructed in 1843, offers a mixed-use opportunity in a prime Westport location. The 10,000-square-foot property features a blend of retail, office, and residential spaces. The ground floor is currently occupied by a cigar shop and an upscale restaurant. The second floor, previously containing two offices and one full bath, has been cleared of debris following a fire in September and awaits renovation. The third floor offers potential for transformation into a fusion of office and residential space. Located one block south of Westport Road and Pennsylvania Avenue, this property is zoned M15 and presents an opportunity for creative redevelopment.
Key Highlights
- Prime Westport location offering retail, office, and residential space potential.
- 10,000 square feet of space for diverse use.
- Oldest building in Kansas City (built in 1843) offering unique historical appeal.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $225.6k | $22.56 |
| − Vacancy | −$37.2k | −$3.72 |
| EGI | $188.4k | $18.84 |
| − OpEx | −$47.1k | −$4.71 |
| NOI | $141.3k | $14.13 |
10,000 SF · lease $22.56/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.02M
$1.77M – $2.35M
NOI $141,282 @ 7.0% cap · market cap 7.07%
Second Best
Mixed Use
$1.57M
$1.38M – $1.83M
NOI $110,025 @ 7.0% cap · market cap 5.50%
Theoretical Best
Office A
$2.38M
$2.08M – $2.78M
NOI $166,733 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fidel's Cigar Shop
(Bike/Boat/Book/etc) Store
Westport Roots Festival
Music Venue
Clandestino
Bar & Pub
Sunset Landscape KC
General Contractor
Brix Latin American ...
Grocery & Convenience Store
FAQs
What type of property is this?
Mixed-use property - Historic mixed-use building in prime Westport location, ready for renovation.
Where is this mixed-use property located?
The property is located at 4112 Pennsylvania Avenue Kansas City, MO.
What is the asking price?
The asking price for this property is $1,999,000.
What are key features of this property?
This property features: Prime Westport location offering retail, office, and residential space potential.; 10,000 square feet of space for diverse use.; Oldest building in Kansas City (built in 1843) offering unique historical appeal.
