Kansas City MO Real Estate & Commercial for Sale

Situated in the heart of Kansas City's historic River Market neighborhood, 120 W. 5th Street presents a rare and compelling mixed-use investment opportunity. Built in 1907, this property combines timeless character with modern functionality, all within steps of the City Market, downtown Kansas City, and the KC Streetcar line - offering unmatched connectivity to the city's top attractions. The property's striking fa ade, featuring an iconic marquee cityscape mural, is complemented by exceptional walkability and tenant-friendly amenities, including off-street parking with an attached garage. A long-term salon tenant anchors the ground floor, providing reliable income through 2028, while the upper two floors operate as a high-performing short-term rental - offering diversified revenue streams and significant upside potential. The salon space encompasses approximately 2,600 square feet and was thoughtfully renovated in 2018. It includes two bathrooms, a washer/dryer, exposed brickwork, refurbished concrete flooring, a private office and employee area, and rear access to the garage and building mechanicals. Meanwhile, the short-term rental unit, completed in 2022, spans approximately 2,875 square feet across two upper levels. This fully furnished space boasts 2+ bedrooms, two full bathrooms, tall ceilings, abundant natural light, and a third-level entertainment area with a rooftop deck offering breathtaking downtown views. While a roof leak in early 2025 temporarily impacted the short-term rental's availability, the unit has since undergone significant repairs (new roof 2025) and resumed operations, achieving strong bookings. As of April 2026, the unit has secured 82 future nights through October, underscoring its ongoing demand and revenue-generating potential. The building is separately metered for electric with common gas and water and has 24-hour surveillance/security cameras in place for tenants.

Only $89/SF! This 1903 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. * 100% leased, providing immediate and stable cash flow * Ground floor occupied by long term anchor tenant (prestigious law firm). * 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

Here is your chance to get into an up and coming location near many new developments or an excellent opportunity to expand your footprint mere steps from downtown. Completely renovated space allows for flexibility - not too open and not too closed off. It has been successfully used as an event space for all kinds of events. Lease - Renovated office/event/business space for lease on annual term at $2.500.00 per month Tenant responsible for utilities, maintenance and insurance. Parcel where the building sits is included in the lease - adjoining vacant lot is not. Sale - Includes the adjoining vacant parcel which brings the total land area to approx .25 acre. Lots of potential uses to consider.