1018 Missouri Ave Kansas City, MO 64106

This exceptional 3-story brick and stone building, constructed in 1910, presents a unique investment opportunity in Kansas City, Missouri's vibrant North End neighborhood. Located at 1018 E Missouri Avenue, this property boasts approximately 142 feet of frontage on E Missouri Avenue, 40 feet on Gillis Street, and a 60-foot alleyway. Currently undergoing renovations with permits already secured, a general contractor is available to complete the project through the sale. The existing structure includes a garden level and basement. Proposed plans envision a 7-unit apartment building, but the property's versatility allows for conversion into a mixed-use development, incorporating residential units and storefronts catering to neighborhood businesses. The property includes attached green space, offering additional development potential. This prime location offers excellent access to major highways, including I-35, I-49, I-70, Hwy 9, Hwy 24, and Hwy 71. The area is experiencing significant revitalization, with new mixed-use developments and planned infrastructure improvements, such as a riverfront KC Streetcar extension and a women's soccer stadium (opening in 2024). The proposed Royals Stadium is also just minutes away. The property's proximity to established businesses like Garozzo's Ristorante and Happy Gillis further enhances its appeal. This is an ideal investment for those seeking a high-growth area with strong potential for future appreciation. The asking price is $1,799,000.