$565,000

101 W Broadway Avenue, Excelsior Springs, MO 64024

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Prime investment opportunity in the heart of Historic Downtown Excelsior Springs! 101 W Broadway Avenue is a beautifully maintained 100% occupied mixed-use building featuring two commercial storefronts, a partial basement, and four fully finished luxury loft apartments on the upper level. The main level includes Italian Restaurant, currently undergoing an exciting renovation with future reopening plans, offering exclusive access to the property’s basement — ideal for storage, prep, or future expansion. The second storefront is home to, a charming boutique retail shop offering artisan soaps, trinkets, jewelry, and unique gifts that draw consistent downtown foot traffic and enhance the property’s visibility. The upper level showcases four luxury lofts — each a two-bedroom, one-bath residence thoughtfully designed with tall ceilings, large windows overlooking downtown, and a mix of modern updates and historic charm. Open living areas, efficient kitchens, and strong tenant retention make these units highly desirable and income-stable. This property stands as a rare turnkey investment within Excelsior Springs’ thriving downtown corridor — steps from The Elms Hotel & Spa, boutique shopping, restaurants, and city events that bring year-round vibrancy and growth. Key Highlights: 100% occupancy with strong, stable tenants, Two main-level commercial units with excellent visibility and foot traffic, Partial basement (accessible Italian Restaurant), Four updated 2-bedroom, 1-bath luxury lofts with consistent rental performance, Prime corner location in Excelsior Springs’ historic downtown district, Ideal for long-term investors, mixed-use portfolio diversification, or 1031 exchange buyers

Listing Status:
Pending
Listing Office:
RE/MAX Area Real Estate : 816-630-4000
Listing Agent:
SimmonsSales Team : 816-630-4000
MLS ID:
2574720
  • Parking: Parking LotOn Street
  • Road/Access: City Street
  • Originating MLS: hmls
  • County: Clay
  • Zoning: C-2EXCELSIOR SPRINGS ORIGINAL TOWN LT 1 & E 28' LT 2 BLK 7 (To Be Verified By Closing Title)12-311-00-26-001.00
  • Current Use: OtherRestaurantRetail
  • Utilities: Service - 220vElectricity AvailableNatural Gas AvailableSewer Available
  • Source: hmls

This listing courtesy of SimmonsSales Team, RE/MAX Area Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

L

Lewis Elementary School

501 Leavenworth St, Excelsior Springs, MO, 64024

Grades KG-5

0.44 miles away

E

Excelsior Springs Middle School

701 Crown Hill Rd, Excelsior Springs, MO, 64024

Grades 6-8

1.51 miles away

E

Excelsior Springs Tech. High School

701 Saint Louis Ave, Excelsior Springs, MO, 64024

Grades 10-12

0.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby