1306 Wood Avenue
- Total of 11 units (6 residential- second story/ 5 commercial- ground level)
- Refrigerated commercial space — ready for grocery or convenience store use
- Commercial space varies in square footage and has opportunities to merge units for larger businesses
- Additional spaces ideal for barber shop, beauty shop or laundromat
- Airbnb opportunities for apartment income
- Private parking lot included
- Land acquisition opportunity for the entire block on Wood Ave (through Land Bank)
- Development opportunity (mix-use/ housing)
Property Description
This is a great opportunity for a local business owner, investor, or contractor who can acquire a commercial space in Kansas City, Kansas. It is ready for a full makeover and can optimize the cash flow through Airbnb, development, or in-house laundry for the residential units. The property has been vacant since August 2019. While structural milestones have been achieved—specifically the completion of a new roof and gutters, exterior stucco, Electrical and plumbing updates, interior renovation, new windows and water treatment—the interior still requires significant capital expenditure to reach a rentable state. Total Building Area: 7,782 SF First Floor: 3,882 SF (Retail/Commercial) Second Floor: 3,900 SF (Office/Residential/Airbnb) Site Features: Level topography, full public utilities, street parking and planned private parking lot improvements.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $350,000 |
| No. of Units: | 11 |
| Year Built: | 1925 |
| Lot Size: | 0.10 Acres |
| Opportunity Zone: | No |
| Price per unit: | $31,818 |
| Property Website | Click Here |
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