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1208 Iron St
North Kansas City, MO 64116

Industrial Property For Sale

Investment Highlights

  • Excellent Access to the Metro
  • Free Standing Concrete & Brick Building
  • High-Speed Broadband Fiber Available
  • Fed Opp Zone & No Earnings Tax
  • Dock High & Drive-in Loading

Executive Summary

1208 Iron was built as an ice house in the 1920s. This concrete and brick building is like a fortress. The main three story building is 110' x 115' for 12,650 Sq Ft foot print for 37,950 Sq Ft. The office is 2,300 Sq Ft and the dock is 600 Sq Ft for a total of 40,850 Sq Ft.
The building has a new 6 year old membrane roof. The elevator serves all three floors. The parking lot accommodates 22 +/- cars with non-metered on street parking. LiNKCity high-speed fiber-optic network internet access is available at the building. North
The building has immediate interstate and highway access via I-35, I-29, I-70, Hwy 9 and Hwy 210. Over 200,000 vehicles drive through North Kansas City on a daily basis.
North Kansas City has no earnings tax and one of the lowest tax schedules in the region. North Kansas City is pro-business and as a small city can also assist in direction to resources for financial assistance, job training and other technical assistance.
OPPORTUNITY ZONE "Tax Cuts and Jobs Act of 2017" Opportunity Zones are census tracts designated by state and federal governments targeted for economic development. Opportunity Funds allow investors to defer federal taxes on any recent capital gains until December 31, 2026, reduce that tax payment by up to 15%, and pay as little as zero taxes on potential profits from an Opportunity Fund if the investment is held for 10 years. See link for additional information: www.nar.realtor/qualified-opportunity-zones

PROPERTY FACTS

Sale Type Investment or Owner User
Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 0.52 AC
Rentable Building Area 40,850 SF
No. Stories 2
Year Built 1915
Tenancy Single
Parking Ratio 0.42/1,000 SF
Clear Ceiling Height 22 FT
No. Dock-High Doors/Loading 8
Opportunity Zone Yes

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
17-614-00-12-007.00
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$512,000
  • Listing ID: 28439875

  • Date on Market: 5/9/2023

  • Last Updated:

  • Address: 1208 Iron St, North Kansas City, MO 64116

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