Highlights

• Front 3 stories built 1922, renovated approximately 15 years ago.
• Back 5 stories built 1954.
• One living area has large home office that closes off from the living space and accessible for customers without disturbing the home.

•   Non profit in place that could be useful for obtaining grants for renovations.
• Full kitchen used to serve 60 Head Start children, could easily open coffee shop/cafe.
• Low cost of living area, great place to locate a business. Great town, owners retiring.
•   Progressive community-Progressive city government.
•   Possible owner financing for qualified Buyer.
•   Large parking area and grounds with mature trees all residing on a full city block (about 4 acres).

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Description

This property was built for use as a hospital with portions of the building built in 1922 with a large add-on in 1954. The hospital was closed around 1991 and is in current use as an art gallery (PahloArt Refinery & Gallery) and Kazoos children' s museum . Three levels  front (1922 build), 5 levels in back (1954 build). Two elevators. The property currently has 1 apt 3bd 1 bath: 1 living space 1 bedroom,20x40 living room, 1 1/2 bath, walk-in shower & Jacuzzi tub, large utility room; plus Community Kitchen for 5 residences w/ 7 bedrooms.

Air-conditioned Utility type Butler building in back size of 3 car garage w/ fenced storage area. The main building currently houses 2 floors of community art galleries (PahloArt Refinery & Gallery) (10K sf.) & Children's Museum (Kazoos Children's Museum) (5K sf.). For right buyer, take over the art gallery and children's museum or can purchase building empty. City is progressive and Seller believes they are receptive to Senior Housing conversion (50-60 units). about 80% of the original windows in the 1922 build section have been replaced with newer double pane type energy efficient windows. There are recently installed high efficiency HVAC in parts of the building. Some areas of building have been finished out and will take little work to be ready for tenants, other areas will require rehab. Possible uses with City rezoning approval: Senior Housing, Assisted Living, Wedding Reception Hall, Art Gallery, Coffee Shop. Broker believes this property might also be uses as a long term care facility (subject to receiving Missouri CONs).

Four acres (+-) on a full city block, large parking area plus plenty of off street parking, in a neighborhood, large trees. Last years taxes $2033.52. Located in quiet residential neighborhood, just 2 blocks from Missouri Valley college. Kazoos Children's Interactive Museum and The Pahlo Center reside on the property and could be included (subject to Seller approval) with the sale of the property.

Possible owner financing for qualified Buyer, contact Dave at 913-269-1425 to discuss owner financing.