1070 Washington St, Kansas City, MO 64105-2216
This stunning Queen Anne Revival building, constructed in 1896 and situated on a 5,932 sq ft lot at 1070 Washington Street in Kansas City, Missouri's Quality Hill Historic District, presents a unique investment opportunity. The 3,583 square foot, two-story building boasts exquisite original woodwork, high ceilings, pocket doors, and abundant natural light. Five large private offices (two with fireplaces) are complemented by a spacious reception area, break room/kitchen, and two full bathrooms. A grand staircase and a unique circular staircase connect the floors. The full basement offers ample storage, and the property includes five parking spaces, both on and off-street. This vacant building is zoned UR (Urban Redevelopment District) and is located minutes from downtown Kansas City, offering easy access to major interstates (I-35, I-70, & I-670) and public transportation. Potential buyers should explore the benefits of the Central Business District Urban Renewal Area, which offers significant property tax abatement incentives, and the Enhanced Enterprise Zone (EEZ) #1, providing Missouri WORKS income tax benefits. The asking price is $645,000 ($180.02/sq ft). This property is ideal for an owner/user seeking a prestigious and historically significant office space.
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Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
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