Building Details:
• Year Built: 1915
The Midwest Hotel is listed on the National Register of Historic Places, making it eligible for historic tax credits (20% Federal and 25% State). The building is a solid, concrete structure with potential for mixed-use development (retail, office and/or residential) and could be part of a larger assemblage as adjacent properties are currently available through separate offerings. The 35-car parking lot at 1914 Main Street (across the street, on the west side of Main) that is included in this offering is a very valuable asset for any downtown development.
The Midwest Hotel is ideally located in the heart of Kansas City's dynamic Crossroads Arts District, surrounded by some of the area's best restaurants and entertainment destinations and within blocks of the Sprint Center, Power & Light District, Performing Arts Center, Freight House, Union Station and Crown Center. Downtown Kansas City has benefitted from over $6 billion in major investments over the last decade. The Crossroads is now the most popular area for the "creative class" to live, work and play.
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