1712 Main StKansas City, MO 64108

Property Details for 1712 Main St

Year built

1890

Construction

WOOD

Lot size

0.19 AC

Property size (Sq ft)

5,916 SF

Property type

Office buildings

APN

29-230-40-12

APU

292304012

Description

The Globe Building, located at 1712 Main Street, offers exceptional office space in a historic building. This Class C property, built in 1912, boasts seven stories and a total of 45,747 square feet. Currently, there are multiple suites available, ranging from 4,000 to 11,169 contiguous square feet, with a minimum divisible space of 5,582 square feet. A total of 15,169 square feet is currently vacant. Specific available spaces include a 4,000 square foot suite on the first floor, a 5,582 square foot suite on the third floor, and a 5,587 square foot suite on the fourth floor. These high-end creative office spaces are in excellent condition and feature direct Main Street access. The design incorporates an efficient blend of private offices, conference rooms, and open work areas. High ceilings with exposed timber and brick accents add character, complemented by glass-walled offices and conference rooms. The building offers 50 parking spaces. The zoning is B4-5. The property's APN is 29-230-40-12-00-0-00-000. Lease rates are competitive, ranging from $21.00 to $24.00 per square foot, plus utilities and janitorial services. This is a unique opportunity to secure desirable office space in a vibrant downtown location. Eleven-foot ceilings provide ample space and light.

• CAP approach

  CAP return

  Valuation

  6%

  $1,108,942

  6.5%

  $1,023,639

  7%

  $950,522

• Comparable approach

  Method

  Valuation

  Relative Method

  $423,171

  Geo Method

  $423,171

• Alternative Use

  Use

  Valuation

  Residential

  $1,269,312

  Hospitality

  $1,162,683

  Educational

  $967,339

  Medical

  $1,000,607

  Retail

  $1,504,749

Location Insight

City

Kansas City

County

Jackson

State

Missouri

Latitude

39.0929

Longitude

-94.5839

CBSA code

28140

CBSA name

KANSAS CITY, MO-KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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