1121 W Main St
Blue Springs, MO 64015
Retail Property For Sale
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EXECUTIVE SUMMARY
Come own a piece of an up-and-coming area in downtown Blue Springs. With lots of new developments and revitalization occurring in and around the Main Street corridor, this is an exciting opportunity for growth. The building consists of a retail storefront with excellent street visibility, offering a prime location for businesses looking to attract foot traffic. The space is versatile, making it suitable for a variety of retail, restaurant, office, or service-oriented businesses. The basement lower level is currently leased out for supplemental income, as are the upstairs apartments. You can occupy the main floor as an owner-user, or lease it out for additional rental income. The upper level has two apartment units. Buy now while the area is continuing to grow and capitalize on increasing rents in the area. Perfect sized property for 1031 Exchanges and getting into commercial investing for the first time.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,028 SF
Building Class
C
Year Built
1920
Price
$500,000
Price Per SF
$99
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.93
Lot Size
0.06 AC
Zoning
Commercial
Parking
5 Spaces (0.99 Spaces per 1,000 SF Leased)
Frontage
51 FT on Main St
PROPERTY TAXES
Parcel Number | 35-710-19-20-00-0-00-000 | Improvements Assessment | $48,416 |
Land Assessment | $7,168 | Total Assessment | $55,584 |