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    OFF-MARKET
    Retirement homes

    1234 Main St, Kansas City, MO 64105

    8,880 SF 0.6 ac lot Built 1986
    Property ID
    Property summary
    AI-generated overview

    This exceptional 27-bed assisted living facility presents a unique investment opportunity in the Kansas City, Missouri area. Located on a 0.6-acre lot at 1234 Main St, Kansas City, MO 64105, this single-story, 8,880 square foot building boasts 21 units and was originally constructed in 1986, undergoing renovations in 2008. The property is zoned for commercial use and enjoys a highly desirable location just off I-70, providing excellent visibility and accessibility. The facility benefits from a brand new roof installed in 2023, along with several other recent upgrades. Currently operating as a fully staffed, turnkey operation with an executive director in place, this assisted living community offers significant potential for increased revenue due to current monthly rents being considerably below market rates (approximately $2,420 average). Market analysis indicates a strong demand for additional assisted living beds in the immediate area. The property's proximity to a large medical center (half a mile away) and Kansas City Airport further enhances its appeal. The facility's backyard and terrace adjoin a town park, creating a pleasant and community-oriented atmosphere. This is a rare opportunity to acquire a well-established, profitable senior living facility with substantial upside potential. The asking price is $1,100,000.

    Property profile
    Verified
    Property type Retirement homes
    Year built 1986
    Total area 8,880 SF
    Lot 0.6 ac (26,136 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • UrbanDecibal Radio Radio Station Telecommunications Service
    • Tello Cockapoos Pet Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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