1306 Wood Ave, KCK
Mixed-Use/Multi-Family Opportunity | 11 Units
Marketing description
This is a great opportunity for a local business owner, investor, or contractor who can acquire a commercial space in Kansas City, Kansas. It is ready for a full makeover and can optimize the cash flow through Airbnb, development, or in-house laundry for the residential units.
The property has been vacant since August 2019. While structural milestones have been achieved—specifically the completion of a new roof and gutters, exterior stucco, Electrical and plumbing updates, interior renovation, new windows and water treatment—the interior still requires significant capital expenditure to reach a rentable state.
Total Building Area: 7,782 SF
First Floor: 3,882 SF (Retail/Commercial)
Second Floor: 3,900 SF (Office/Residential/Airbnb)
Site Features: Level topography, full public utilities, street parking and planned private parking lot improvements.
Investment highlights
Total of 11 units (6 residential- second story/ 5 commercial- ground level)
Refrigerated commercial space — ready for grocery or convenience store use
Commercial space varies in square footage and has opportunities to merge units for larger businesses
Additional spaces ideal for barber shop, beauty shop or laundromat
Airbnb opportunities for apartment income
Private parking lot included
Land acquisition opportunity for the entire block on Wood Ave (through Land Bank)
Development opportunity (mix-use/ housing)
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