5301 Prospect Ave 2,300 SF Retail Building Kansas City, MO 64130 $172,267 CAD ($74.90 CAD/SF)

### Prime Redevelopment / Value-Add Opportunity in the heart of the Prospect Corridor District ###
**5301 Prospect Avenue, Kansas City, MO 64130-3612**
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#### Property Overview
* **Address:** 5301 Prospect Avenue, Kansas City, Missouri 64130-3612
* **Square Footage:** Approximately 2,300 sq ft existing building
* **Lot Size:** ±0.25 acres / \~10,890 sq ft
* **Year Built:** 1940

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#### Key Selling Points
* **High Visibility & Corner Location** – The building is situated on a corner lot with excellent frontage, offering strong exposure. Convenient access to major roads including U.S. Highway 71 southbound.
* **Versatility & Flexibility** – Because of its condition the site offers two paths:
1. Renovate / restore the existing structure for your own use.
2. Demolish & redevelop the land for a new build.
* **Value Pricing** – Priced significantly below replacement cost, this presents an attractive entry point for investors, developers, or business-owners seeking to tap into Kansas City’s commercial redevelopment market.
* **Strategic Location** – Positioned in a corridor that benefits from both traffic and proximity to commerce. Ideal for a wide range of commercial uses (retail, office, service, possibly light industrial subject to zoning).
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#### Opportunity & Potential Uses
* Retail storefront / service business
* Restaurant / fast-casual / mixed use retail-office
* Community commercial / neighborhood anchor
* Redevelopment to small office suite complex or creative use
* Land redevelopment for new build with modern design
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#### Investment Highlights
* Low basis making upside substantial
* Strong price per square foot given lot size and exposure
* Possibility to leverage redevelopment incentives depending on municipal programs
* Owner / user or speculative investor opportunity
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#### Considerations
* Property has sustained fire damage; costs of renovation will need to be assessed.
* Zoning verification and utility connections should be confirmed.
* Timing for redevelopment may vary depending on permitting & local code.
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Contact & Next Steps: For additional information, interior & exterior photos, site plans, and to arrange a site visit,
Pics:
https://drive.google.com/drive/folders/1Y6eJfGSRaWcL38364fyxHIRtY-uAYPO2?usp=sharing

Please contact:
Stephen Douglas Fennell,
Commercial & Residential Real Estate, EVP
Realty One Group Encompass LLC
O- 816-607-1098
M- 913-748-6258

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