101 W Broadway Ave.

Cates Auction W Broadway

FOR SALE – $565,000

Historic two-story brick building with mixed-use configuration offering both steady commercial income and strong residential stability. Prime corner exposure across from retail and dining corridor, steps from The Elms Hotel & Spa. Main level has 4,000 SF with two operating commercial units with storefront windows and full utilities. Three Olives Italian Restaurant is currently undergoing renovation with long-term occupancy history and exclusive basement access. Mind, Body & Soap Boutique is a thriving local retailer drawing strong foot traffic. Second floor has 4,000 SF with four luxury 2 bedroom/1 bath loft apartments, each features tall ceilings, open kitchens, large windows, and updated interiors. Long-term tenants with consistent performance. Basement has 1,520 SF servicing entire building; mechanical, storage, and potential event/expansion use. $62,232 annual income. MLS # 2574720. See additional details and photos.

Contact Jake Simmons, 816-868-4692, RE/MAX Area Real Estate | The Simmons Sales Team

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