Mixed-Use Investment Property | 1306 Wood Ave | Kansas City KS

Investment Overview

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)