Property summary
This exceptional redevelopment opportunity presents two buildings totaling 10,573 square feet on a 12,791 square foot lot in Kansas City, Missouri. Located at 3849-55 Woodland Avenue, this property offers significant potential for investors seeking a distressed asset in a prime location. The property consists of two single-story structures: a 5,300 square foot mixed-use retail building and a 5,273 square foot warehouse featuring bowstring truss construction. Both buildings are vacant and require complete redevelopment, including new roofs, mechanical, electrical, and plumbing systems. The 0.29-acre site boasts 119 feet of frontage on a high-traffic corridor leading to Midtown's 39th Street, providing excellent visibility and direct access to US Highway 71. Situated in the Ivanhoe neighborhood, this property benefits from its location within an Urban Renewal District, Enterprise Zone, and the Central City/KC CUR Opportunity Zone, making it eligible for various incentives, including the New Markets Tax Credit (NMTC) Program. The property is being sold "as is" and offers a unique chance to create a thriving retail or industrial space. All offers are due November 22, 2024. The asking price is $206,000. The property's zoning is B3-2. APN is 30-110-25-39-00-0-00-000.
Property profile
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Value estimations
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
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Zoning
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