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712 Broadway St
Kansas City, MO 64105 Quality Hill

$850,000 USD

Office Residential Condo For Sale  •  3,484 SF

Property Details

  • Property Type Office Residential
  • Total Building Size 9,598 SF
  • Lot Size 0.23 AC
  • Building Class B
  • Year Built 1903
  • Cap Rate 7.48 %
  • Tenancy Multiple
  • Zoning Commercial/Residential
65 Transit Score
86 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 101 Office 3,484 SF $850,000 USD
  • Unit Size: 3,484 SF
  • Condo Use: Office
  • Price: $850,000 USD
  • Sale Type: Investment
  • Price/SF: $243.97 USD
Description
Built in 1903 by renowned Kansas City architects Smith & Rea, the Fountains Lofts is a stunning example of Commercial/Second Renaissance Revival architecture. Originally home to the Faxon, Horton & Gallagher Drug Company, this National Register-eligible landmark has been meticulously restored to preserve its historic heavy timber structure and ornate gray/taupe brick façade while delivering modern Class A office functionality.

The building sits in the epicenter of the revitalized Garment District, surrounded by upscale restaurants, live music venues, craft cocktail bars, and coffee shops. The popular River Market district lies just blocks to the northeast, offering fresh produce markets and eclectic retail. Exceptional connectivity is provided via the Broadway Bridge (immediate interstate access), the KC Streetcar on Main Street, multiple bus lines along Broadway, and a B-Cycle station directly in front of the property.

Rarely does a fully leased, turn-key trophy asset of this architectural significance and income stability become available in Downtown Kansas City. The Fountains Lofts represents a legacy-quality investment in one of the Midwest’s fastest-growing and most dynamic urban cores.

Sale Notes
This a rare opportunity to acquire the 1st and 2nd floor commercial spaces (units 101, 102, 103) at the Fountains Lofts, an iconic eight-story, Class A mixed use property ideally situated on the prominent corner of West 8th Street and Broadway Boulevard in the heart of Kansas City’s vibrant Garment District.

Only $89/SF!

* 100% leased, providing immediate and stable cash flow

* Ground floor occupied by long term tenant (prestigious law firm).

* Priced at $850,000 ($89 per SF)

* 9,598 rentable square feet of beautifully restored Class A loft office space

* Irreplaceable heavy timber construction with soaring ceilings, exposed brick, and oversized historic windows

* Premium shared amenities including a luxury Club Room with full kitchen and dining area, a private Theater Room with 96” screen, a modern fitness center, and a relaxing hot tub

* Prime corner location directly across from the beloved Eighth Street Fountain and Garment Place Park in Kansas City’s “City of Fountains”

Description

Built in 1903 by renowned Kansas City architects Smith & Rea, the Fountains Lofts is a stunning example of Commercial/Second Renaissance Revival architecture. Originally home to the Faxon, Horton & Gallagher Drug Company, this National Register-eligible landmark has been meticulously restored to preserve its historic heavy timber structure and ornate gray/taupe brick façade while delivering modern Class A office functionality.

The building sits in the epicenter of the revitalized Garment District, surrounded by upscale restaurants, live music venues, craft cocktail bars, and coffee shops. The popular River Market district lies just blocks to the northeast, offering fresh produce markets and eclectic retail. Exceptional connectivity is provided via the Broadway Bridge (immediate interstate access), the KC Streetcar on Main Street, multiple bus lines along Broadway, and a B-Cycle station directly in front of the property.

Rarely does a fully leased, turn-key trophy asset of this architectural significance and income stability become available in Downtown Kansas City. The Fountains Lofts represents a legacy-quality investment in one of the Midwest’s fastest-growing and most dynamic urban cores.

Property Flyers

Financial Summary

Cap Rate: 7.48 %
Total Expenses: $12 USD

Major Tenants

Tenant SF Occupied Lease End Date
Argent Trust Company 760 SF 1/31/2027
The Popham Law Firm 6,722 SF 12/31/2027
United Contractor Services, LLC 2,116 SF 11/30/2026

Amenities

  • 24 Hour Access
  • Bus Line
  • Controlled Access
  • Fitness Center
  • Kitchen
  • Reception
  • Central Heating
  • High Ceilings
  • Direct Elevator Exposure
  • Natural Light
  • Hardwood Floors
  • Outdoor Seating
  • Balcony
  • Fiber Optic Internet

Public Transportation

Commuter RailDriveWalkDistance
Kansas City (Lincoln Service Missouri River Runner - Amtrak, Missouri River Runner - Amtrak, Southwest Chief - Amtrak) 5 min - 2.0 mi
Transit/SubwayDriveWalkDistance
North Loop On Main At 7Th St Sb (KC Streetcar - KCATA) 1 min 6 min 0.4 mi
Library On Main At 9Th St Nb (KC Streetcar - KCATA) 1 min 7 min 0.4 mi
Library On Main At 9Th St Sb (KC Streetcar - KCATA) 1 min 8 min 0.4 mi
River Market West On Delaware At 4Th St Sb (KC Streetcar - KCATA) 1 min 9 min 0.5 mi
City Market On Walnut At 5Th St Eb (KC Streetcar - KCATA) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
Kansas City International 26 min - 18.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Scott Fricker 816-533-5808 ReThink KC Real Estate, LLC
Scott Fricker 816-533-5808 ReThink KC Real Estate, LLC