Property profile

3849 Main St Kansas City, MO 64111

OFF-MARKET
Retail properties & Spaces
Property ID
US48-0118602
21,700 SF Built 1905
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Property summary

AI-generated overview

This exceptional mixed-use investment opportunity encompasses two buildings totaling 21,700 square feet on a .92-acre lot in Kansas City, Missouri. Located at 3849 Main St, zip code 64111, this Class C property, built in 1905, boasts a charming historic character and significant redevelopment potential. The buildings, featuring two stories each, are connected by an outdoor courtyard, creating a unique and versatile space. The property benefits from a highly desirable B4-5 zoning designation, allowing for a range of commercial and potentially multifamily or hospitality uses. With 53+ surface parking spaces and situated next to a planned streetcar stop (Q1 2025 delivery), this location offers unparalleled access and visibility. Daily traffic counts on Main Street exceed 44,000 cars, ensuring high exposure for any business. The asking price is $3,500,000, translating to $161.29 per square foot. This presents a rare chance to acquire a substantial property in a rapidly developing area, poised for significant future appreciation. The existing buildings provide immediate income potential, while the zoning and location offer exciting possibilities for expansion and value enhancement. This is a truly unique opportunity to capitalize on the revitalization of this vibrant Kansas City neighborhood.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1905
Total area 21,700 SF
UPID US48-0118602

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Moving Company

Location

3849 Main St Kansas City, MO 64111
Kansas City metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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