134 N Hardesty Avenue
134 N Hardesty Avenue, Kansas City, MO 64123
Marketing description
134 N Hardesty Avenue presents a compelling off-market value-add opportunity in Kansas City's Historic Northeast / North Indian Mound corridor. Public records describe a 1965-built building of approximately 9,203 SF on a 0.67–0.68-acre lot — a meaningful footprint for the submarket. The asset's multi-level layout, loading dock, dedicated parking, and prior professional/commercial buildout position it for several high-upside repositioning strategies, including adaptive reuse, affordable housing conversion, owner-user occupancy, or an urban infill hold.
The property is offered off-market through All Realty LLC, allowing a qualified buyer to establish control before broader market exposure. Public listing commentary references a roof installed December 2021, handicap-accessible improvements, multiple bathrooms and kitchens, office and conference buildout, storage, loading, and parking — all features that support a conversion or owner-operator play. All improvements must be independently verified during due diligence.
Investment highlights
- Off-Market Access: Acquire before broader exposure. Submit offer directly to broker.
- Large Parcel: Approx. 0.67-0.68 acres / 29,613 SF lot -- rare scale for this submarket.
- Meaningful Building: 9,203 SF building across 3 levels per public references. Buyer to verify.
- Housing Thesis: Public remarks cite affordable housing potential, subject to zoning approvals.
- Strong Layout: Loading dock, storage, offices, conference room, kitchens, bathrooms, parking.
- Multiple Exits: Owner-user, commercial, multifamily, hybrid, or hold/infill appreciation play.
- Recent CapEx: Roof reportedly installed December 2021 per public listing remarks.
- KC Rental Market: KC avg. asking rent ~$1,355 (Yardi, Jan 2026) with 2.5% YOY rent growth.
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