1607 Little Avenue

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1607 Little Avenue

Grandview, MO 64030
Asking Price
$1.50M
Cap Rate
10.13%
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront located at 1607 Little Avenue in Grandview, Missouri.
  • Property offers 3,184 square feet of commercial retail space.
  • The asking price for this retail asset is $1,500,000.
  • Investment opportunity currently features a 10.13% capitalization rate.
  • Strategically positioned within the active Kansas City metropolitan submarket.

What's Special

The Grandview submarket serves as a growing commercial node within the Kansas City metropolitan area, benefiting from regional connectivity and consistent development. Positioned at 1607 Little Avenue, this 3,184-square-foot retail storefront provides a tangible investment asset in a stable suburban corridor. The property is currently available for purchase with a cap rate of 10.13%, reflecting its position as an income-producing retail holding. Given the layout and street-level access typical of storefront configurations, this asset is well-suited for diverse retail operations, neighborhood service providers, or boutique commercial ventures looking to establish a footprint in this part of Missouri. Prospective investors will find the scale of the property manageable for various business models that require high-visibility, accessible storefront space in a well-traveled local market.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

Location & Travel Times