Description
A complete redevelopment ideal for new mixed-use neighborhood development being sold as a portfolio with 8202-8450 E Bannister Rd (MLS #2454537). 18,750 SF office/retail bldg in disrepair on 51,792 SF of land (1.19 AC). The vacant bldg was built sometime between 1975-80 as an indoor roller-skating facility, later converted into a furniture retail store circa 1986 then converted into offices in 2000. Zoned B3-2, Community Business. Retail visibility from E Bannister Rd, a major east"west street, and accessible from Wallace Ave. 2019 Ph 1 Environmental & Property Condition Assessments available upon request. Located within continuously distressed census tract, the East Bannister Planned Industrial Expansion Area (PIEA), which makes it eligible for tax abatement of 10 years at 100% of the increased property taxes, followed by up to 15 years of 50% tax abatement. Marketing as land. No access provided. SE Jackson County submarket near Oracle Cerner - Innovations Campus one of Kansas Citys largest Employers with plans to develop over 200-acres into office park, which has spurred nearby hospitality, retail, sports complex, single family homes, and affordable, market rate and luxury multi-family development. Great access to major thoroughfares " Interstates 470, 435, & 70 and 71 & 350 Hwys. Disclaimer: Property is not associated with, endorsed by, or sponsored by the businesses identified. The information regarding the subject property is from sources deemed reliable. It is subject to verification. No liability for errors or omissions is assumed. Property may be withdrawn from the market or transacted. The price is subject to change.
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0BEDS
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1.19ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
A complete redevelopment ideal for new mixed-use neighborhood development being sold as a portfolio with 8202-8450 E Bannister Rd (MLS #2454537). 18,750 SF office/retail bldg in disrepair on 51,792 SF of land (1.19 AC). The vacant bldg was built sometime between 1975-80 as an indoor roller-skating facility, later converted into a furniture retail store circa 1986 then converted into offices in 2000. Zoned B3-2, Community Business. Retail visibility from E Bannister Rd, a major east"west street, and accessible from Wallace Ave. 2019 Ph 1 Environmental & Property Condition Assessments available upon request. Located within continuously distressed census tract, the East Bannister Planned Industrial Expansion Area (PIEA), which makes it eligible for tax abatement of 10 years at 100% of the increased property taxes, followed by up to 15 years of 50% tax abatement. Marketing as land. No access provided. SE Jackson County submarket near Oracle Cerner - Innovations Campus one of Kansas Citys largest Employers with plans to develop over 200-acres into office park, which has spurred nearby hospitality, retail, sports complex, single family homes, and affordable, market rate and luxury multi-family development. Great access to major thoroughfares " Interstates 470, 435, & 70 and 71 & 350 Hwys. Disclaimer: Property is not associated with, endorsed by, or sponsored by the businesses identified. The information regarding the subject property is from sources deemed reliable. It is subject to verification. No liability for errors or omissions is assumed. Property may be withdrawn from the market or transacted. The price is subject to change.
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