1234 Main St Kansas City, MO 64105
- Retirement homes
- 8,880 SF
- 0.60 lot acres
Current Use by Public Records
- UrbanDecibal Radio / Radio Broadcaster / Media Company
- Tello Cockapoos / Dog Breeder
Property Details for 1234 Main St
- Year built
- 1986
- Lot size
- 0.60 lot acres
- Property size
- 8,880 SF
- Property type
- Retirement homes
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kansas City
- County
- Jackson
- State
- Missouri
- Longitude
- -94.5838
- Latitude
- 39.0989
