Residences of West Paseo

2625 W Paseo Blvd, Kansas City, MO 64108

  • For Sale $5,250,000
  • Property Type Multi-Family
  • Property Size 48,875 SF
  • Units 46
  • Lot Size 1.86 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 50
  • Building Class B
  • Year Built 1925
  • Year Renovated 2005
  • Date Updated Dec 18, 2024
Beacon Hill is a vibrant, mixed-use neighborhood in Kansas City, just steps from Hospital Hill, Crown Center, and Union Station. Covering nearly 90 acres with scenic downtown views, the area benefits from a 25-year tax abatement and direct access to 71 Highway. Beacon Hill is designed for walkability, with tree-lined streets, open spaces, a community center, and retail live/work spaces.Presenting an unparalleled opportunity to own a truly iconic and irreplaceable multifamily property in the heart of The Beacon Hill Neighborhood in Kansas City. This historic gem, with its 46 spacious apartment homes, generous community areas, soaring ceilings, and two rooftop terraces showcasing panoramic skyline views, offers a unique blend of character and potential. Currently a LIHTC property within the decontrol period, all income restrictions expiring in June 2025. This asset presents a range of possibilities - renew the LIHTC agreement, transition to market rate, or customize a strategy tailored to your vision. In a neighborhood energized by new developments and rising market rents, this is your chance to make a lasting impact.
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Highlights

  • LIHTC Initial Compliance Period ending June 2025
  • Iconic & Historic Property in the Beacon Hill Neighborhood
  • Expansive Community Spaces, Tall Ceilings & Two Rooftop Terraces
  • Exceptional Opportunity to Enhance or Reposition for Maximum Potential.
  • Rare Asset with Irreplaceable Character

Contacts

broker
David Belpedio

Clemons Real Estate

Location

Getting Around

  • Walk Score ®

    39/100 Car-Dependent

  • Transit Score ®

    45/100 Some Transit

  • Bike Score ®

    30/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Kansas City, MO
  • Neighborhood Beacon Hill
  • Zip Code 64108
  • Market Kansas City

Points of Interest

  • 22nd at Vine

    0.53 miles

  • Crossroads

    1.23 miles

  • Kauffman Center

    1.45 miles

  • Power and Light

    1.57 miles

  • Metro Center

    1.72 miles

  • Library

    1.93 miles

  • North Loop

    2.06 miles

  • City Market

    2.24 miles

  • River Market West

    2.31 miles

  • River Market North

    2.34 miles

  • Sinclair

    0.75 miles

  • Shell

    0.76 miles

  • 7-Eleven

    0.97 miles

  • BP

    1.14 miles

  • Costco Gasoline

    1.18 miles

  • ChargePoint

    2.88 miles

  • Paseo Baptist Parking

    0.22 miles

  • Bethel AME Church Parking

    0.34 miles

  • Hospital Hill Garage

    0.54 miles

  • Teocali Parking

    0.54 miles

  • Vine Street Lofts Parking

    0.58 miles

  • Emergency Medicine Patient Parking

    0.61 miles

  • Park & Ride

    0.64 miles

  • ISS Parking

    0.87 miles

  • KCATA Parking

    0.91 miles

  • Saint Stephens Baptist Church Parking

    1.18 miles

  • La Quinta Inn & Suites Kansas City Beacon Hill

    0.44 miles

  • Sheraton Kansas City Hotel at Crown Center

    0.85 miles

  • The Westin Crown Center

    0.95 miles

  • Fairfield Inn Kansas City Downtown/Union Hill

    1.06 miles

  • Hotel Indigo Kansas City - The Crossroads

    1.08 miles

  • Home2 Suites Kansas City Downtown

    1.15 miles

  • Crossroads Hotel

    1.29 miles

  • Hampton Inn & Suites

    1.44 miles

  • Quality Inn & Suites Kansas City Downtown

    1.49 miles

  • Residence Inn Kansas City Downtown/Convention Center

    1.49 miles

  • Succotash

    0.51 miles

  • The Antler Room

    0.56 miles

  • Teocali Mexican

    0.56 miles

  • You Say Tomato

    0.56 miles

  • Kitty's Cafe

    0.70 miles

  • Union on the Hill

    0.78 miles

  • The Fix!

    0.80 miles

  • The Fish Shop

    0.83 miles

  • Brewer's Kitchen

    0.84 miles

  • The American

    0.85 miles

  • B. W. Sheperd State School

    0.15 miles

  • UMKC Health Sciences Campus

    0.47 miles

  • Western Baptist Bible College

    0.54 miles

  • Saint Vincent de Paul Academy

    0.58 miles

  • Lincoln College Preparatory School

    0.64 miles

  • Our Lady of Sorrows School

    0.69 miles

  • Faxon Elementary School

    0.73 miles

  • Attucks Elementary School (Disused)

    0.86 miles

  • KD Academy Early Learning Center

    0.92 miles

  • Union Hill Day School

    1.02 miles

  • Alphabet Academy Child Care

    0.74 miles

  • Downtown Day Care

    1.29 miles

  • Inspire Early Education Center

    1.86 miles

  • Spectrum Station

    1.93 miles

  • Cotton Candy Daycare Center

    2.15 miles

  • St. Luke's Hospital Child Care Center

    2.27 miles

  • Children's Choice

    2.28 miles

  • Englewood Christian Academy

    6.15 miles

  • Golden Oaks Education Center

    7.01 miles

  • Outreach Christian Child Care

    7.27 miles

Frequently Asked Questions

How much does Residences of West Paseo cost?

The space currently listed for sale at Residences of West Paseo asks for $5,250,000.

What is the total square footage of Residences of West Paseo?

Residences of West Paseo totals 48,875 square feet.

When was this property built?

Residences of West Paseo was built in 1925.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
David Belpedio

Clemons Real Estate