For Sale
$1,350,000

625 Willis Ave Independence, MO 64052

Multi-tenant warehouse, great investment.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a multi-tenant industrial property ideally situated in Independence, Missouri. The property, located at 625 S Willis Ave, encompasses a substantial 95,681 square feet across seven buildings on a 2-acre lot. The asking price is $1,350,000, translating to $14.11 per square foot. Built between 1907 and 1915, the property features a mix of brick, steel, and concrete construction, and boasts a Class B rating. The warehouse space is zoned for warehouse use and includes multiple drive-in doors (12' and 14'). Ceiling heights vary from 8' to 22'8". The property offers ample private, fenced parking and extensive lot storage. The sale includes an established sand and gravel contracting business valued at approximately $250,000, along with furniture, fixtures, and equipment (FF&E) totaling approximately $200,000, and all material inventory. The lease type is gross, with multiple tenants currently generating income. This is a rare chance to acquire a well-established, income-producing industrial property with significant potential for future growth. The property's location in Jackson County, Missouri, zip code 64052, provides easy access to major transportation routes. This is a turnkey operation with existing tenants and a profitable business already in place.

Highlights

  • 95,681 SF total building area on a 2-acre lot.
  • $1,350,000 asking price.
  • Existing tenants generating income.
  • Includes established business, FF&E, and inventory; business valued at ~$250,000, FF&E at ~$200,000.
  • Gross lease, per-space rate.
  • Built 1907-1915.

Property Details for 625 Willis Ave

Property type
Warehouses, Industrial properties
Square Feet
95,681 SF
Class
B
Year Built
1907
Buildings
7
Stories
1
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Independence
County
Jackson
State
Missouri
Latitude
39.086044684719
Longitude
-94.429424238404
625 Willis Ave, Independence, Missouri

FAQs

What type of property is this?
Warehouse - Multi-tenant warehouse, great investment.
Where is the warehouse located?
The property is located at 625 Willis Ave Independence, MO.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 95,681 SF total building area on a 2-acre lot.; $1,350,000 asking price.; Existing tenants generating income.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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625 Willis Ave
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