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1117 S Fuller Street

Independence, MO 64050
  • $214,950
  • STATUS: Active
  • ON SITE: 50 Days
  • ID#: 2405860
UPDATED: 36 min ago
$214,950
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1970
County:

School Ratings & Info

Description

This property is in an identified Opportunity Zone to receive tax benefits for investors. Additionally, capital gains from any type of asset sale (real estate, stocks, bonds, etc.) can qualify for investment in a Qualified Opportunity Fund to purchase property in an Opportunity Zone. The benefit of investing in a Qualified Opportunity Fund is that the capital gains of the initial investment may be deferred until December 31, 2026. To further sweeten the investment pot, if the investment is held for a minimum of 10 years, zero capital gains tax will be due on any appreciation of the Qualified Opportunity Fund investment upon disposition. Knowing there is a potential tax incentive for investing in this property in this area, we would like to invite you to take a look with your tax/investment advisor to determine if this property fits in your investment portfolio to be the latest entrepreneurial business in the community. Easy access warehouse 3500 SF currently zoned C2 for commercial retail or services, but could be returned to I1 zoning for low to moderate-impact service industrial uses. Enclosed fence with gate for back entrance that can accommodate a box truck with a loading dock and garage door. Finished workspace with Heat & AC and 3 phase power for handling larger electrical loads. Off-street parking. The seller has a 16'x8' garage door that could be purchased to install on the front of the building for front access. This building is perfect for entrepreneurs who have outgrown their home business space or for businesses that need client access. Special Notes: The garage door and all metal shelving are not included with the property, but the owner would consider including them with an accepted offer or as a separate personal property transaction.

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Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and The Shaun Ashley Team | RE/MAX Heritage do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-11-26T16:44:57.883.

Based on information submitted to the MLS GRID as of 2022-11-26T16:44:57.883 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.
www.shaunashleyteam.com/homes/133696087
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1117 S Fuller Street Independence, MO 64050

  • Price: $214,950
  • Status: Active
  • On Site: 50 Days
  • Updated: 36 min ago
  • ID#: 2405860
0
Beds
0
Baths
0
½ Baths
0.26
Acres
1970
Built
Neighborhood:
206 - Independence Area
County:
Jackson
Area:
206 - Independence Area
Property Description
This property is in an identified Opportunity Zone to receive tax benefits for investors. Additionally, capital gains from any type of asset sale (real estate, stocks, bonds, etc.) can qualify for investment in a Qualified Opportunity Fund to purchase property in an Opportunity Zone. The benefit of investing in a Qualified Opportunity Fund is that the capital gains of the initial investment may be deferred until December 31, 2026. To further sweeten the investment pot, if the investment is held for a minimum of 10 years, zero capital gains tax will be due on any appreciation of the Qualified Opportunity Fund investment upon disposition. Knowing there is a potential tax incentive for investing in this property in this area, we would like to invite you to take a look with your tax/investment advisor to determine if this property fits in your investment portfolio to be the latest entrepreneurial business in the community. Easy access warehouse 3500 SF currently zoned C2 for commercial retail or services, but could be returned to I1 zoning for low to moderate-impact service industrial uses. Enclosed fence with gate for back entrance that can accommodate a box truck with a loading dock and garage door. Finished workspace with Heat & AC and 3 phase power for handling larger electrical loads. Off-street parking. The seller has a 16'x8' garage door that could be purchased to install on the front of the building for front access. This building is perfect for entrepreneurs who have outgrown their home business space or for businesses that need client access. Special Notes: The garage door and all metal shelving are not included with the property, but the owner would consider including them with an accepted offer or as a separate personal property transaction.
Exterior Features

Number Of Docks 1 Number Of Drive In Doors 0 Parking Features AssignedParking LotPaved Road Frontage Type City Street Road Responsibility Public Maintenance Road Surface Type Asphalt

Interior Features

Interior Features Public Restroom

Property Features

Age Description 51-75 Years Business Type ManufacturingOther Current Use Warehouse Inside City Limits Yes Leased YN No Listing Agreement Exclusive Right To Sell Possession Funding Property Sub Type Office Tax Total Amount 3161 Transaction Type Sale Utilities Service - 220VElectric To SiteGas To SiteWater/Sewer

Listing information © 2022 Heartland MLS as distributed by MLSGRID.
Listing courtesy of Exp Realty Llc.



Heartland MLS Terms of Use

The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2022, Heartland Multiple Listing Service, Inc. Heartland MLS and The Shaun Ashley Team | RE/MAX Heritage do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring. The data relating to real estate displayed on this website comes in part from the Heartland Multiple Listing Service database compilation. Data last updated: 2022-11-26T16:44:57.883.

Based on information submitted to the MLS GRID as of 2022-11-26T16:44:57.883 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.
 
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