405 Main Street, Parkville, MO

Multi-family for Sale - $300,000 - 2,200 Sq. Ft. on 3999 acres


Agent Info

Jeff Cates
Cates Auction Real Estate Company

Property Info

CIMLS#1159231
Location
  405 Main Street
  Parkville MO 64152
UpdatedMay 8th, 2024
TypeMulti-family
Price$300,000
Building2,200 Sq. Ft.
Land3999 acres

Attached Documents


Property Description

Explore the Potential of This Exquisite Commercial Property in Historic Parkville

Unveil the possibilities within this meticulously crafted property, sprawling over approximately 2,200 square feet of versatile finished space across multiple levels. Nestled in the heart of a vibrant neighborhood, this gem is the former site of a flourishing wine bar and event venue, now poised for its next chapter.

Outdoor Charm and Elegance: Relish the allure of the outdoors with a charming vine-covered pergola and multiple decks that offer panoramic views of Parkville. The expansive 1,100± sq ft entertainment patio sets the stage for memorable seasonal gatherings or special events.

Interior Sophistication and Versatility: Step inside to a tapestry of textures featuring exposed brick walls and elegant stonework across various beautifully appointed areas. From intimate nooks to open-plan spaces, this property seamlessly blends historical charm with modern functionality. Luxury vinyl plank flooring and modern recessed lighting throughout add a contemporary touch, ensuring a sophisticated ambiance.Equipped with a kitchen, multiple bars, and pristine restroom facilities, it’s ideally configured for hospitality-driven enterprises amongst a variety of other potential uses.

Accessibility and Visibility: Located in a district renowned for its eclectic mix of shops, dining, and cultural venues, the property boasts excellent walkability and accessibility to local highways and downtown Parkville. With a main street traffic count of 1,280 vehicles per day and a MO-9 count of 4,215, visibility and foot traffic are guaranteed. Ample off-site parking enhances convenience for visitors and staff alike.

Market Potential: Surrounded by a 5-mile radius featuring an average household income of $89,550 and a population of 116,960, the market potential is substantial.

Turnkey Solution: All furniture, fixtures, and equipment are included, facilitating a smooth transition for the new owner. Envision your business here, whether it be a wedding and event venue, wine bar, upscale restaurant, brewery, boutique, retail space, or a hybrid model combining retail with hospitality or entertainment.

Embrace the opportunity to own a piece of Parkville’s heritage with this versatile commercial property that promises unparalleled growth and profitability.

Bidding Opens: June 7th at 8:00 AM

Bidding Ends: June 11th at 1:00 PM

Open House Dates: Wednesdays, May 15th & 22nd, and Saturday June 1st - 11:00 AM to 1:00 PM


Financials

• 2,200± Finished SF

• 4,000± SF Lot Size

• Ample off site parking

• Modern Recessed Lighting

• 1,100± SF Entertainment Patio with Pergola

• Luxury Vinyl Plank Flooring Throughout

• Main St Traffic Count: 1,280 VPD

• MO-9 Traffic Count: 4,215 VPD

• 5-Mile Average HH Income $89,550

• 5-Mile Population 116,960

• All FF&E Included

• Finished Walk-Out Basement

• Potential Uses Include: Wedding & Event venue, winebar, restaurant, brewery, boutique or retail space

• Previous Wine Bar & Venue

• 2023 Real Estate Taxes: $3,299



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