3912 BROADWAY BLVD Kansas City MO 64111-2510

Exceptional mixed-use investment opportunity in Kansas City's highly desirable Westport/Plaza corridor.​

This property features an income-producing commercial space on the first floor, three fully renovated turnkey apartment units above, and an additional lot at 3915 Washington St.​(Lot size +-0.069 acres) that offers future flexibility for parking, outdoor amenities, or potential expansion, subject to city approvals.​ The commercial space provides excellent street visibility along Broadway Blvd and currently generates approximately $21,000 annually in rental income.​ The tenant is currently operating on a month-to-month basis, creating the opportunity to negotiate a long-term lease and further stabilize the asset.​ The three residential units have been extensively renovated with updated kitchens, bathrooms, finishes, systems, appliances, dedicated HVAC units, separate metered utilities, and a new roof serving the property.​ The apartments were rebuilt with the intention of resuming rental operations, allowing a new owner to acquire a substantially improved asset without the burden of a major renovation project.​ The residential component offers multiple income strategies, including traditional long-term rentals, short-term rentals (subject to applicable city approvals), or a hybrid approach.​ The property has a prior short-term rental operating history with reported annual revenue ranging from $90,000 to $100,000.​The additional lot enhances the investment potential by providing space for additional parking, tenant amenities, outdoor gathering areas, or future development opportunities, subject to zoning and city requirements.​ Disclaimer All property information, income projections, rental assumptions, zoning, permitted uses, expenses, development potential, and future expansion opportunities are provided for marketing purposes only and should be independently verified by buyers and their representatives.​

Disclaimer: All property information, income projections, rental assumptions, zoning, permitted uses, expenses, development potential, and future expansion opportunities are provided for marketing purposes only and should be independently verified by buyers and their representatives.​

• ​Prime Westport Area Mixed-Use Investment
• ​Income-Producing Commercial Space + (3) Renovated Turnkey Residential Units
• ​Residential Flexibility: Short-Term Rental, Long-Term Rental, or Hybrid Strategy
• ​Commercial Tenant in Place
• ​Additional Land Offering Expansion, Parking, or Outdoor Amenity Upside
• ​Opportunity Zone (Qualifies for City Incentives)
• ​Zoning: B3-2 & Residential
• ​Turnkey Residential Units

​The residential portion includes three fully renovated apartment units, offering a clean and New setup for either long-term rental or short-term rental use, subject to applicable city requirements.

• ​Additional Land / Redevelopment Potential

​3915 Washington St offers additional land (Lot size +- 0.069 acres) that may be used for parking, outdoor common area, future units, or other development concepts. Depending on need and development feasibility, the lot may support additional parking, an outdoor tenant amenity area, or potential future expansion of up to 4 units already approved by the city.

Prime Investment Opportunity in Kansas City!

3912 & 3920 Broadway, Kansas City, MO

Are you looking for a high-potential investment property? This mixed-use gem in the Broadway Area Community Improvement District (CID) offers incredible value, growth potential, and access to development incentives. Here's why you need to seize this opportunity:

Investment Highlights

• Purchase Price: $450,000

• Renovation Cost: $250K–$300K

• Post-Renovation Value: $1,000,000

Spaces:

1. Commercial Space: Leased at $1,800/month ($21,600/year).

2. Residential Space: 3 gutted apartment units ready for renovation.

3. Land Potential: Develop 2–4 additional residential units for increased income.

New Roof Already Installed

Why This is a Smart Investment

1️⃣ Strong ROI:

Post-Renovation NOI: $55,000/year (22% cash-on-cash ROI).

Add more units to boost your annual NOI to $110,000 and property valuation to $1.83M (6% cap rate).

2️⃣ CID & Enterprise Zone Incentives:

Grants, tax credits, and infrastructure funding to reduce costs and maximize profits.

CID benefits include streetscape upgrades, public safety services, and utility improvements.

3️⃣ High Demand Location:

Broadway Area CID is an emerging hotspot with increasing rental demand.

Mixed-use property with 8%+ cap rate potential post-renovation.

Growth Potential

Renovate and lease out the residential units for $1,500/month each ($54K/year).

Develop additional units on the land, generating $1,400/month/unit.

Total rental income post-renovation and development: $142,800/year.

Don't miss this rare opportunity to invest in a thriving area and secure your financial future! With incredible incentives, high growth potential, and a supportive investment climate, this is your chance to turn a $750K total investment into a $1M+ asset.