$1,000,000
( )
 $5,368 est/mo Sourced by Back At You

120-122 W 5th Street,Kansas City, MO 64105

Kansas City, MO 64105

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Description

Situated in the heart of Kansas City’s historic River Market neighborhood, 120 W. 5th Street presents a rare and compelling mixed-use investment opportunity. Built in 1907, this property combines timeless character with modern functionality, all within steps of the City Market, downtown Kansas City, and the KC Streetcar lineoffering unmatched connectivity to the city’s top attractions. The property’s striking façade, featuring an iconic marquee cityscape mural, is complemented by exceptional walkability and tenant-friendly amenities, including off-street parking with an attached garage. A long-term salon tenant anchors the ground floor, providing reliable income through 2028, while the upper two floors operate as a high-performing short-term rentaloffering diversified revenue streams and significant upside potential. The salon space encompasses approximately 2,600 square feet and was thoughtfully renovated in 2018. It includes two bathrooms, a washer/dryer, exposed brickwork, refurbished concrete flooring, a private office and employee area, and rear access to the garage and building mechanicals. Meanwhile, the short-term rental unit, completed in 2022, spans approximately 2,875 square feet across two upper levels. This fully furnished space boasts 2+ bedrooms, two full bathrooms, tall ceilings, abundant natural light, and a third-level entertainment area with a rooftop deck offering breathtaking downtown views. While a roof leak in early 2025 temporarily impacted the short-term rental’s availability, the unit has since undergone significant repairs (new roof 2025) and resumed operations, achieving strong bookings. As of April 2026, the unit has secured 82 future nights through October, underscoring its ongoing demand and revenue-generating potential. The building is separately metered for electric with common gas and water and has 24-hour surveillance/security cameras in place for tenants.

Details

MLS #2614792
Listing TypeFor Sale
StyleOther
Sub-TypeResale
StatusActive
Year1907
Days On Site144
Listing Provided ByCompass Realty Group | Brice Bradshaw

Features

Story(s)3
ZoningUR
Acreage0.07

Taxes

Property38166

Area Information

StateMO
CountyJackson
CityKansas City
Zip Code64105
Area202 Kansas City Area (So. of River)
Listing VS Median (in 64105)
Price:
$1,000,000
low | high
Med:
$189,500
100% of Average
On site:
144
low | high
Med:
163
88.343558282209% of Average
Sourced by Back At You

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Listings courtesy of Kansas City Regional Association of REALTORS as distributed by MLS GRID.

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Learn More About This Property

StateMO
CountyJackson
CityKansas City
Zip Code64105
Area202 Kansas City Area (So. of River)
Listing VS Median (in 64105)
Price:
$1,000,000
low | high
Med:
$189,500
100% of Average
On site:
144
low | high
Med:
163
88.343558282209% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $750K - $1.25M
sqft: 0 - 0
Listing Updated: July 9, 2026 at 6:52:49 PM PDT