Multi-Family•Mid-Rise•For Sale

1500 Saint Louis Avenue

1500 Saint Louis Avenue, Kansas City, Missouri 64101

Sale Price $1,998,000
Year Built 1890
Stories 5
Gross Bldg 48,000 SqFt
Land Area .26 Acres
Ceiling Height 10.0 Ft
Project Size 5
Improvements .
Market Historic West Bottoms
Conveniently located just west of the Central Business district, the Historic West Bottoms is experiencing significant redevelopment. 1500 Saint Louis is ideally situated to capitalize on the significant redevelopment that is occurring in the area. The property is located next to the $68 million West Bottoms Flats, a mixed-use development that has begun construction. This 48,000 square foot building has a full basement and 5 upper floors and is ideal for conversion to apartments, lofts or creative space. This historic property is located in the Historic West Bottoms which is experiencing significant redevelopment. The Hy-Vee Arena, formerly the Kemper, recently completed a $39 million renovation as an amateur sports complex. The Yards, a $41 million, 232-unit apartment project is under construction nearby and the $68 million West Bottoms Flats, a mixed-use development is under way. This property benefits from being located within an Enterprise Zone, an Empowerment Zone and a Planned Industrial Expansion area. This property is eligible for National and Missouri Historic Tax Credits.
  • Historic property eligible for historic tax credits.
  • Mixed-Use Potential.
  • Five-story property in good condition (circa 1890’s)
  • Rapidly gentrifying neighborhood
  • Ideal for redevelopment into multi-family, office, or creative mixed-use
5/13/2019 8:35:54 PM 7/9/2019 10:07:25 PM

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