The Hoover Building. 922 Oak, Kansas City, MO ~ across from the 5.2 acre Ilus Davis Park. Price: $780,000

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1 The Hoover Building ~ across from the 5.2 acre Ilus Davis Park Presented by Real Estate Dynamics, Inc. Price: $780,000 In 1916 travelers stopping at the Hotel Savoy could rent a room for as little as $1.00 per night, or $1.50 with a private bath. That same year the Hoover Brothers School Supply Company moved into 922 Oak, a three story, masonry building that would become known as the Hoover Building. By the next year the 13,000 sq. ft. building (plus basement) would also be the home of Monarch Feature Film Company, Yale Photoplay Company and the Educational & Children' s Film Company. Today the first two floors have been remodeled and are attorney offices. The first floor ceiling height of the original building is approximately 14 feet while floors two and three are about 10' 8 and 10' 10 respectively. The West wall of the first floor has a large door adjacent the alley for freight deliveries. We noted that the building to the south has had an overhead door added on the alley to allow vehicles to traverse down a ramp and into a basement parking garage. This may be something the new owner might want to consider if garage parking is important. See the attached description of the building for more details.

2 Marty Hugo (913) Ext: 3 License: BR Real Estate Dynamics, Inc. P.O. Box Lenexa, KS Solid Masonry Construction dating to about 1916 Floors 1 & 2 have been converted to attorney offices Floor 3 is wide open and waiting for your imagination Basement has potential for parking garage Priced right so you can do a complete remodel without breaking the bank High visibility across the street from Ilus Davis Park, Fed. Courts & City Hall Notes This building offers a wide range of opportunities. The first two floors of the building are occupied by the law practices of the owners and others. Given the property's close proximity to the new Federal Court House, City Hall, the County offices and the Jackson County Court House this building will appeal to those parties practicing law. The third floor of the building remains very close to its original state as constructed in the early 1900's. Someone wishing to exercise their imagination and pursue a restoration of a downtown building might view this property as an interesting opportunity. The property is located within Kansas City's State- Designated Enhanced Enterprise Zone #1. A variety of potentially beneficial development incentives include things like: Tax Benefits through the Missouri WORKS program; the property may also be eligible for a 10-year abatement of 50% of the increased real property taxes resulting for an approved renovation project; the building is also located within Project Block 62 of the Civic Mall TIF Plan; also, since the property is within the existing Central Business District Urban Renewal Area it is eligible for up to 10 years abatement of up to 100% of the increased real estate taxes resulting from a rehabilitation or construction project.

3 North side of building View of alley on building's West side

4 Federal Court House on North end of Ilus Davis Park City Hall at the South end of Ilus Davis Park

5 Main Reception Lobby A number of vintage doors were obtained as a result of the Clay County Court House Remodel.

6 Conference Room off Main Lobby Receptionist's Area

7 165 sf office on 1st floor near receptionist Another First Floor Office

8 265 sf office with wet bar & ceiling fan 2nd Floor Reception area - 1 of 2

9 2nd Floor Reception area - 2 0f 2 2nd Floor 225 sf office - windows on Oak

10 Another 165 sf office w/ext. windows & fan 195 sf 2nd floor office w/2 ext. windows

11 3rd Floor photo taken from SW corner 3rd Floor photo taken from NE corner

12 Location Location Description Located downtown near the new Federal Court House and within a block of City Hall, etc. Directly across the street from the 5.2 acre Ilus Davis Park.