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Property summary
A historic, fully restored mixed-use building located in downtown near the Missouri Theater (two blocks) and Coleman Hawkins Park (one block) and close to government buildings. The property is 23,320 square feet and is arranged with a main-floor event space called The Metropolitan, plus 12 market-rate loft units on the 2nd, 3rd, and 4th floors (four units per floor). The residential mix consists of three one-bedroom, one-bath lofts; six two-bedroom, 1.5-bath lofts with an additional bonus room or office; and three two-bedroom, 1.5-bath lofts with views toward 6th Street. Each loft includes stainless steel kitchen appliances (stove, refrigerator, dishwasher, and microwave), engineered wood flooring, and high ceilings. Coin-operated washers and dryers are provided on each floor. The building includes tenant access to a private, key-pass passenger elevator, as well as a rear freight elevator that connects to alley access for moving. A full dry basement is available for storage, and each loft is assigned access to an 8x10 storage cage. Outdoor space is available via a large sun deck off the 3rd floor. Parking is supported by a private adjacent lot at 107 S. 6th with one reserved space per loft, with additional parking available via a city lot across the street and on-street parking. An on-site office is included for the building owner, and the site is surrounded by restaurants, retail shops, coffee shops, bars, and professional office space. The private lot and shared interior amenities indicate suitability for investment-oriented mixed-use operations, with residential leasing and event-space use contemplated within the property’s configuration.
Property profile
VerifiedCap rate & NOI
Current use
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Bakery Specialty Food Shop
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Hotel & Motel Resort
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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