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225 N 7th St
Kansas City, KS 66101
Flex Property For Sale
Investment Highlights
- Fully leased mixed-use corner building – 3 income-producing units
- Major recent upgrades + value-add potential with full basement (4th unit or storage income)
- $36.6K gross income / $27.9K NOI ? 7% cap at list
Executive Summary
Fully occupied, mixed-use investment property, residential and commercial - beautiful historic stone, downtown row store, in a prime KCK location!
Corner building on high-traffic 7th St Trafficway, just blocks from Central Ave, shopping, restaurants, and highway access.
3 income-producing Units: updated 2BR/1BA apartment upstairs ($1,000/mo), one updated commercial unit ($1,000/mo), and one long-term commercial tenant ($1,050/mo).
Gross scheduled income $36,600 annually with expenses under $9K, offering a 7% cap rate at list price.
--- Recent updates include new roof, furnaces, water heater, electric, and repaved parking in the past year, plus interior renovations in 2 of 3 units. Full basement with interior and exterior access provides additional upside—previously finished office space, currently used by owner as storage - could easily be finished for extra income! - Strong tenant stability, renewed leases, and value-add potential make this a great entry-level or portfolio investment.
Corner building on high-traffic 7th St Trafficway, just blocks from Central Ave, shopping, restaurants, and highway access.
3 income-producing Units: updated 2BR/1BA apartment upstairs ($1,000/mo), one updated commercial unit ($1,000/mo), and one long-term commercial tenant ($1,050/mo).
Gross scheduled income $36,600 annually with expenses under $9K, offering a 7% cap rate at list price.
--- Recent updates include new roof, furnaces, water heater, electric, and repaved parking in the past year, plus interior renovations in 2 of 3 units. Full basement with interior and exterior access provides additional upside—previously finished office space, currently used by owner as storage - could easily be finished for extra income! - Strong tenant stability, renewed leases, and value-add potential make this a great entry-level or portfolio investment.
Property Facts
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 7.65% | Rentable Building Area | 2,258 SF |
| Property Type | Flex | No. Stories | 2 |
| Building Class | C | Year Built/Renovated | 1930/2024 |
| Zoning | C-3 - commercial districts (C-3) allows mixed use commercial -- 1 residential unit, 2 commercial units, and partially finished basement (value add unit) | ||
| Sale Type | Investment |
| Cap Rate | 7.65% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.14 AC |
| Rentable Building Area | 2,258 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1930/2024 |
| Zoning | C-3 - commercial districts (C-3) allows mixed use commercial -- 1 residential unit, 2 commercial units, and partially finished basement (value add unit) |
Amenities
- 24 Hour Access
- Storage Space
- Air Conditioning
- Balcony
- Smoke Detector
Utilities
- Lighting
- Gas - Natural
- Water - City Water
- Sewer - City Sewer
- Heating - Gas
Property Taxes
| Parcel Number | 119115 | Improvements Assessment | $24,826 CAD |
| Land Assessment | $11,559 CAD | Total Assessment | $36,385 CAD |
Property Taxes
Parcel Number
119115
Land Assessment
$11,559 CAD
Improvements Assessment
$24,826 CAD
Total Assessment
$36,385 CAD
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