116 E 46th St - Hospitality FOR SALE


Kansas City, MO 64112
$3,200,000 USD
913-271-6929
116 E 46th St, Kansas City, MO for Sale
$3,200,000 USD
Hospitality - FOR SALE
1/49
null | Request Cap Rate

116 E 46th St
Kansas City, MO 64112


HIGHLIGHTS

  • Steps Away From 45th & Main Streetcar Stop (2025)
  • Kansas City's Most Desirable Submarket
  • High Occupancy Arts District
  • Rooms Featuring Jetted Bathtubs, Fireplaces, and Private Balconies
  • Commercial Kitchen

OVERVIEW

Southmoreland, a unique 14 room boutique hotel, offers self-service in a historic mansion near KC's top attractions. Ideal for business travelers, getaways, or corporate retreats, guests have the option of renting individual suites or booking the whole house for large get togethers. Renovated in 2020, Southmoreland has experienced steady growth as Kansas City's hotel industry has started to return to pre-pandemic levels and presents a compelling investment opportunity. Kansas City's leisure travel has been driven by its sizable events drawing people nationwide and conventions benefitting midweek business travelers. Ideal location, walkable to surrounding amenities and entertainment districts including, but not limited to the Country Club Plaza, Westport Entertainment District, the Nelson Atkins Art Museum, Kansas City Art Institute, The Kemper Museum, and much more. With the Main St Streetcar extension anticipated for completion in Spring of 2025, guests will be steps away from the 45th & Main Streetcar stop connecting them to Crown Center, the Crossroads Arts District, the CBD, and the River Market!

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$276 USD /SF

# OF ROOMS

14

PRICE/ROOM

$228,571 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southmoreland On The Plaza

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1910

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

R-1.5

APN/PARCEL ID

30-520-13-07-00-0-00-000

ASK ABOUT THIS PROPERTY

Audrey NavarroClemons Real EstateMore Info
913-271-6929

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Audrey NavarroClemons Real EstateMore Info
913-271-6929

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.