1000 Broadway BlvdKansas City, MO 64105

Property Details for 1000 Broadway Blvd

Year built

1905

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

7,920 SF

Property type

Office buildings

APN

29-310-30-01

APU

293103001

Description

This stunning 49,250 square foot, six-story building at 1000 Broadway Blvd. in Kansas City, Missouri, presents a unique redevelopment opportunity. Built in 1905 and designed by Adriance and John Van Brunt, this Class B mixed-use property boasts gray brick construction and Chicago sash windows. Currently vacant, it offers tremendous potential for various uses, including lofts, retail, restaurants, bars, event space, and traditional office spaces. The property features a common area interior stairwell and shared elevators providing access to each floor, which also includes its own restrooms and separately metered gas and electric. The current zoning permits office use. The building's interior layout varies by floor, with some floors offering open floor plans and others featuring existing build-outs, including a historic bar and lounge, a former arcade, a restaurant space with a commercial kitchen and walk-in cooler, and a lower-level bar and lounge with two walk-in coolers and a separate entrance. The 4th floor includes office space, a catering kitchen, private offices, and restrooms. The HVAC system and roof are nearing the end of their useful life. The building also includes fire sprinklers and an exterior fire escape. Located in the heart of downtown Kansas City's Central Business District, adjacent to the Quality Hill neighborhood, this property offers convenient access to I-35 and I-70, and is within walking distance of the KC Streetcar. Several parking garages are within three blocks. The 0.18-acre lot is listed at $3,500,000 ($71.07/sq ft). The property's APN is 29-210-30-01-00-0-00-000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,484,588

  6.5%

  $1,370,389

  7%

  $1,272,504

• Comparable approach

  Method

  Valuation

  Relative Method

  $566,518

  Geo Method

  $566,518

• Alternative Use

  Use

  Valuation

  Residential

  $1,699,282

  Hospitality

  $1,556,533

  Educational

  $1,295,017

  Medical

  $1,339,555

  Retail

  $2,014,472

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.1022

Longitude

-94.5887

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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