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514-516 S Main Street

Grain Valley, MO 64029
  • $585,000
  • STATUS: Active
  • ON SITE: 29 Days
  • ID#: 2450979
UPDATED: 4 min ago
$585,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS

School Ratings & Info

Description

Opportunity knocks!! Amazing investment opportunity in a thriving downtown district of Grain Valley. It is hard to come by options that provide this much flexibility. Main St location provides amazing visibility and with the new development around the corner which has retail and a fully leased new construction apartment complex area, values will only increase. Property features 2 currently leased commercial spaces 2500 sq ft a piece, along with 3 leased 2 bedroom apartments above the commercial spaces. The appreciation rate in the area is quite impressive, ranging from 7% to 12% annually. With such growth potential, and the property being fully leased, potentially it could be worth between 650k and 700k within a year.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2023, Heartland Multiple Listing Service, Inc. Heartland MLS and MOJO Real Estate | Keller Williams Kansas City North do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2023-09-25T11:45:31.037.

Based on information submitted to the MLS GRID as of 2023-09-25T11:45:31.037 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.mojorealestatekc.com/homes/142826212
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514-516 S Main Street Grain Valley, MO 64029

  • Price: $585,000
  • Status: Active
  • On Site: 29 Days
  • Updated: 4 min ago
  • ID#: 2450979
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1983
Built
Neighborhood:
207 - Blue Springs, Buckner, Oak Grove, Grain Valley
County:
Jackson
Area:
207 - Blue Springs, Buckner, Oak Grove, Grain Valley
Property Description
Opportunity knocks!! Amazing investment opportunity in a thriving downtown district of Grain Valley. It is hard to come by options that provide this much flexibility. Main St location provides amazing visibility and with the new development around the corner which has retail and a fully leased new construction apartment complex area, values will only increase. Property features 2 currently leased commercial spaces 2500 sq ft a piece, along with 3 leased 2 bedroom apartments above the commercial spaces. The appreciation rate in the area is quite impressive, ranging from 7% to 12% annually. With such growth potential, and the property being fully leased, potentially it could be worth between 650k and 700k within a year.
Exterior Features

Number Of Docks 0 Number Of Drive In Doors 0 Parking Features On StreetParking Lot Road Frontage Type City Street

Property Features

Age Description 21-30 Years Business Type Srvc-Business Current Use Business Leased YN Yes Listing Agreement Exclusive Right To Sell Listing Terms CashConventional Location Features Business DistrictNear Airport Maintenance Provided YN No Occupancy Description MonthlyTenant Occupied Property Sub Type Office Sale Includes Building OnlyReal Estate Tax Total Amount 9779 Transaction Type Sale Utilities Electric To SiteGas To SiteWater/Sewer Zoning Comm

Listing information © 2023 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Lotus Key Homes Llc.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2023, Heartland Multiple Listing Service, Inc. Heartland MLS and MOJO Real Estate | Keller Williams Kansas City North do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2023-09-25T11:45:31.037.

Based on information submitted to the MLS GRID as of 2023-09-25T11:45:31.037 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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