1408 W 12th St
Kansas City, MO 64101
West Bottoms 3 · Propriété À vendre · 94 715 pi² Total

The Beck–Iron–Burlap Portfolio is a three-building redevelopment opportunity located at 1400, 1408, and 1412 W 12th Street in Kansas City, Missouri 64101, in the heart of the
historic West Bottoms district. Originally constructed in 1885, the portfolio totals approximately 91,000 square feet and offers investors a rare chance to reposition architecturally significant buildings at a compelling basis. The portfolio consists of:
- Burlap Building (1412 W 12th St) – approximately 45,000 SF
- Beck Building (1400 W 12th St) – approximately 24,000 SF
- Iron Building (1408 W 12th St) – approximately 22,000 SF
The properties currently feature a mix of residential and commercial space, with select areas available for lease, providing interim income. However, the highest and best use of the portfolio is a comprehensive redevelopment into multifamily apartments, office, or mixed-use space, allowing a new owner to fully capitalize on the buildings’ scale, character, and location. The portfolio is positioned immediately adjacent to Somera Road’s highly anticipated $500 million West Bottoms redevelopment, a transformative project slated to deliver more than 1,200 apartments, approximately 168,000 SF of office, 100,000 SF of retail, 50 boutique hotel rooms, and multiple community gathering spaces. This nearby development is expected to significantly accelerate demand, visibility, and long-term value for surrounding properties. The buildings benefit from roofs replaced approximately eight years ago, reducing nearnterm capital expenditure requirements. Offered at an attractive asking price of $70 per square foot, the portfolio represents a below-replacement-cost acquisition with multiple value-creation strategies. This offering is ideally suited for value-add or opportunistic investors seeking a scaled
adaptive-reuse or redevelopment opportunity in one of Kansas City’s most rapidly evolving submarkets.