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415 S Thompson Avenue, Excelsior Springs, MO 64024
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$379,900
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Home Details for 415 S Thompson Avenue
Price
$379,900
Type
Commercial/Industrial
Year Build
1910
Sq. Ft.
4815
Lot Size
0.14
County
Clay
Tax
$234
MLS®️ Listing#
2498071
On exitrealty.com
392 days
Property Description
Welcome to Pairings by Van Till—a beautifully restored 1910 commercial landmark in the heart of downtown Excelsior Springs. Featuring 3,655 SF on the main level and two elevated lofts totaling 1,160 SF, this property combines timeless architectural charm with modern utility. Inside you'll find refinished hardwoods, a stunning custom wine bottle chandelier, designer-grade bar with quartz countertops, a commercial kitchen area, and three restrooms (including ADA-compliant). Updated HVAC, electrical, and plumbing systems provide efficient, turnkey operation.
Investor Advantage: Beginning June 1st, 2025, the upper level and mezzanine (approx. 4,000 SF) are leased on a gross month-to-month basis at $2,333.33/month ($7.00/SF annually). The tenant pays all utilities and handles routine maintenance. The lease includes a 1 year annual reassessment clause for pricing adjustments, giving future ownership the flexibility to reevaluate terms and market rates annually while benefiting from steady monthly cash flow.
This flexible lease structure creates a unique advantage for both long-term investors and owner-operators—allowing for income generation today with options for strategic repositioning or expansion in the future. Zoned commercial and centrally located, this historic property is ideal for a restaurant, event space, studio, or boutique business. Surrounded by thriving shops and attractions in a walkable downtown corridor—this is an unparalleled opportunity to own income-producing property with charm, flexibility, and growth potential.
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- Utilities
- Electricity Available
- Natural Gas Available
- Sewer Available
- Water Available
- Parking
- Garage
- On Street
Listing Courtesy: RE/MAX Area Real Estate - 816-630-4000
Based on information submitted to the MLS GRID as of 2025-05-21 11:48:40. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-05-21 11:48:40
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EXIT REALTY PROFESSIONALS
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