2121 Minnesota AveKansas City, KS 66102

Property Details for 2121 Minnesota Ave

Year built

1951

Construction

FRAME

Lot size

0.15 AC

Property size (Sq ft)

2,292 SF

Property type

Office buildings

APN

54064

APU

54064

Description

This exceptional Kansas City, KS property at 2121 Minnesota Avenue offers 2,292 square feet of mixed-use space, perfectly suited for a variety of businesses. The building, constructed in 1951 and extensively renovated in 2024, features seven suites across two stories in a Class B building. The layout includes six private offices, some with dedicated plumbing, a welcoming reception area, and a spacious open basement ideal for storage or additional workspace. Three bathrooms are conveniently located throughout the building. Ample parking is available with a dedicated lot at the rear, plus a single garage for secure storage. The 6,534 square foot lot provides excellent visibility and accessibility. This multi-tenant property is offered at $330,000 with a NN+ lease type. The property's modern updates and functional design create an excellent setting for businesses seeking a productive and stylish workspace in a prime Kansas City location. The building's features cater to diverse professional needs, offering a blend of private and collaborative spaces. The combination of a professional reception area and a convenient waiting area ensures a positive first impression for clients and visitors.

• CAP approach

  CAP return

  Valuation

  6%

  $429,631

  6.5%

  $396,582

  7%

  $368,255

• Comparable approach

  Method

  Valuation

  Relative Method

  $163,947

  Geo Method

  $163,947

• Alternative Use

  Use

  Valuation

  Residential

  $491,762

  Hospitality

  $450,451

  Educational

  $374,770

  Medical

  $387,659

  Retail

  $582,976

Location Insight

City

Kansas City

County

Wyandotte

State

Kansas

Latitude

39.1153

Longitude

-94.6544

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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