Property summary
This exceptional 0.2-acre commercial property, located at 200 SW Market Street in Lee's Summit, Missouri, presents a fantastic business opportunity. The 8,776 square foot lot boasts impressive street frontage: 163 feet on SW 2nd Street and 55 feet on Market Street, ensuring high visibility in the thriving downtown area. Built in 1938, the existing structure has served as a law office for over two decades and includes an eight-space parking lot. The property's prime location offers easy access to numerous shops, restaurants, and boutiques. This versatile property is ideal for redevelopment into various commercial uses, including retail, office space (law, insurance, etc.), or repurposing the existing cottage. The property's central location also benefits from a nearby public parking lot to accommodate overflow parking. The asking price is $395,000. Don't miss this chance to acquire a highly visible and strategically located commercial property in a rapidly developing area of Lee's Summit. The zip code is 64063.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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