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    OFF-MARKET
    Retail space

    5006 Parvin Rd, Kansas City, MO 64117

    40,200 SF 2 ac lot Built 1960
    Property ID
    US48-0787297
    Property summary
    AI-generated overview

    This exceptional 22,237-square-foot freestanding building, situated on a 1.91-acre lot in the desirable Bixby Knolls area of Long Beach, presents a unique investment opportunity. Formerly the Long Beach Petroleum Club, this property boasts a wealth of features ideal for a variety of uses, including event spaces, religious facilities, or social clubs. The interior includes a grand ballroom with a stage and orchestra area, a spacious terrace room, multiple bar areas, a dining area known as the "Red Room," a recently upgraded commercial kitchen, a conference room, numerous management and operational office spaces, and ample storage. A fully finished 5,580-square-foot basement offers additional space, complete with men's and women's locker rooms and more storage. Outdoor amenities include a heated pool and a large patio/pool deck with a cabana area. Ample parking is provided with 164 spaces distributed across north and south parking lots and an adjacent strip. The property's location at 3636 Linden Avenue, near the intersection of Linden and 36th, places it within walking distance of Atlantic Avenue, Bixby Knolls' main commercial corridor, offering easy access to a variety of dining, shopping, and professional services. The property is zoned R-3-S and has the APN numbers 7145-014-019, 7145-014-020, 7145-014-027, 7145-014-002, and 7145-014-023 in Los Angeles County. Multiple licenses are included with the lease, depending on the intended use, potentially covering alcohol sales, catering, and live events. Currently, month-to-month income is in place, offering flexible terms for a new tenant. The property's proximity to the Metro Blue Line and the 710/405 freeways provides excellent accessibility. This is a rare opportunity to acquire a substantial property in a highly desirable submarket with strong demographics and high property values.

    Property profile
    Verified
    Property type Retail space
    Year built 1960
    Total area 40,200 SF
    Lot 2 ac (87,120 SF)
    UPID US48-0787297
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Buck & Up Shopping Center & Mall
    • Dollar&Plus LLC Home Decor Store Department Store
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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