4301-4307 Troost Ave Kansas City, MO 64110
- Warehouses
- 0.49 lot acres
Current Use by Public Records
- Warehouses
Property Details for 4301-4307 Troost Ave
- Year built
- 1913
- Lot size
- 0.49 lot acres
- Property type
- Warehouses
- Property subtype
- Retail properties
Description
This exceptional Kansas City, Missouri property at 4301-4307 Troost Avenue presents a unique redevelopment opportunity. The 0.49-acre lot features a three-story, 1913-built building complex currently configured as a blend of retail and residential spaces. Three interconnected retail spaces (4301, 4303, and 4305) boast high ceilings and individual exterior entrances. Above the first two retail units, eight apartments are situated across two floors (four apartments per building). A full basement with 10-foot ceilings is located beneath 4301. Adding to the potential, a single-family home on the south side of the property offers flexibility – it could be renovated or removed to create additional parking. The asking price is $854,000. The seller has provided complete architectural blueprints from a local architect and is actively working with the city to secure necessary construction permits. These plans are available for review, offering a significant head start for any prospective buyer. This mixed-use property in the Troost Corridor presents a compelling investment opportunity with substantial upside potential for a savvy developer. The property's existing structure and the seller's proactive engagement with the city streamline the redevelopment process, minimizing potential delays. The combination of retail, residential, and potential parking expansion makes this a versatile and attractive proposition.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Jackson
- State
- Missouri
- Longitude
- -94.5722
- Latitude
- 39.0486
