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1st Floor - Unit 101
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Office
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3,484 SF
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$850,000 USD
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Unit Size: 3,484 SF
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Condo Use: Office
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Price: $850,000 USD
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Sale Type: Investment
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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”
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