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Investment Highlights

  • Boutique Commercial Building | Owner-User or Investment Opportunity | High-Visibility Metcalf Corridor

Executive Summary

Exceptional opportunity to acquire a well-located, income-producing commercial property along the highly visible Metcalf Avenue corridor in Overland Park. Zoned CP-2J (Planned General Business District), this property supports a wide range of retail, service, and office uses and has a proven 25+ year history of continuous commercial occupancy. This property presents a rare dual opportunity for an owner-user seeking to establish or relocate their business, or an investor looking to lease and stabilize for long-term income. Strong rental demand has been consistently supported, with recent lease rates ranging from $2,750 to $3,550 per month. While the exterior maintains a residential aesthetic, the interior layout and long-term usage are entirely commercial—making it ideal for boutique retail, salon/wellness, professional office, or specialty service businesses seeking a distinctive, non-strip-center presence.
Key Highlights:
• CP-2J Zoning – Retail, Office, and Service Uses Permitted
• 25+ Years of Proven Commercial Use
• Strong Historical Rental Income
• Estimated Pro Forma NOI: ~$26,000
• Tenant Pays Utilities & Maintenance (Favorable Expense Structure)
• High-Visibility Location on Metcalf Corridor
• Ideal for Owner-User or Investor
• Immediate Availability for Occupancy or Lease-Up

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $45,020 $23.82
Other Income - -
Vacancy Loss - -
Effective Gross Income $45,020 $23.82
Taxes $10,510 $5.56
Operating Expenses - -
Total Expenses $10,510 $5.56
Net Operating Income - -

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $45,020
Annual Per SF $23.82
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $45,020
Annual Per SF $23.82
Taxes (CAD)
Annual $10,510
Annual Per SF $5.56
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $10,510
Annual Per SF $5.56
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,986 SF
Building Class
C
Year Built
1900
Price
$690,299 CAD
Price Per SF
$347.58 CAD
Cap Rate
5%
NOI
$34,515 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.31 AC
Zoning
CP2J - Zoned CP-2J (Planned General Business District)
Parking
6 Spaces (3.02 Spaces per 1,000 SF Leased)
Frontage
64’ on Metcalf Ave

Amenities

  • Banking
  • Courtyard
  • Signage
  • Signalized Intersection
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Spatique Skin Care
  • Health Care and Social Assistance
  • 1,252 SF
  • -
  • Modified Gross
  • -
  • TriColor Tack
  • Retailer
  • 1,986 SF
  • -
  • Modified Gross
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Spatique Skin Care Health Care and Social Assistance 1,252 SF - Modified Gross -
TriColor Tack Retailer 1,986 SF - Modified Gross -
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Price Chopper
First Watch
Bank Midwest
7 Brew Coffee
Anytime Fitness
Stretch Zone
Scooter's Coffee
Bank of America
Jinya Ramen Bar

Property Taxes

Property Taxes

Parcel Number
NP81300001-0010
Land Assessment
$62,104 CAD
Improvements Assessment
$37,439 CAD
Total Assessment
$99,543 CAD
Annual Taxes
$10,510 CAD ($5.29 CAD/SF)
Tax Year
2025
  • Listing ID: 40137365

  • Date on Market: 2026-04-13

  • Last Updated:

  • Address: 15145 Metcalf Ave, Overland Park, KS 66223

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