Prime Westport Area Mixed-Use Investment
Flexible mixed-use investment opportunity in Kansas City’s Westport/Plaza corridor
Marketing description
3912 & 3920 Broadway Blvd and 3915 Washington St present a strong mixed-use investment opportunity in the heart of Kansas City's Westport/Broadway corridor. Located within the Broadway Area Community Improvement District, the property offers immediate income potential, flexible residential use, and future value-add upside.
The asset includes income-producing commercial space along Broadway and three fully renovated apartment units positioned for multiple residential income strategies. The residential units were renovated with the original intent of resuming short-term rental operations and are well-suited for short-term rental, long-term rental, or a hybrid rental strategy.
Due to a new business opportunity in another state and the seller's planned relocation, the property is now being offered for sale. This creates an opportunity for a new investor to step into a renovated mixed-use asset with multiple income strategies already in place.
Investment highlights
- 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
- Mixed-Use Property
- The property includes commercial space along Broadway and fully renovated residential apartment units above.
- Income-Producing Commercial Space
- The commercial space is approximately 600-800 square feet and is currently leased at $1,800 per month, or $21,600 annually.
- 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.
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