1070 Washington Street

Description

Built in 1896 as a distinguished residence, this elegant 2-story Victorian-era building's exterior features front and side covered porches, meticulously designed landscaping, wrought iron fencing, and on and off-street parking. The interior displays ornate original woodwork, classic high ceilings on the main floor, above door transom windows, beautiful pocket doors, and large windows offering natural light and views of the Quality Hill Historic district streetscape. The building offers 5 large private offices (2-on main floor, both with fireplaces and 3-on the second floor). The first floor also provides a large, waiting/reception/admin area, break room/full kitchen and bathroom. The grand entry staircase or unique circular staircase takes you to the second floor which also includes original hardwood floors, full bath, and a versatile recreation or meeting space. The full stone basement provides plenty of extra storage and walkup access to private parking area. Centrally located in the heart of Kansas City, the upscale urban neighborhood of the historic Quality Hill district is just minutes away from the cultural and business life of the central business district of downtown Kansas City, bus/streetcar transportation, and Interstates 35, 70, & 670. Central Business District Urban Renewal Area, which makes property eligible for 10-year abatement of 70% of the increased property taxes; however, if it were a historic tax credit rehabilitation project, it would be eligible for full abatement. There are a number of program requirements for a potential buyer/developer to consider. It is also within Enhanced Enterprise Zone (EEZ) #1. An eligible business with an eligible project could receive Missouri WORKS income tax benefits. If so, the property owner would be eligible for a 10-year abatement of 50% of the increased property taxes.