A historic 34-story Art Deco, Gothic Revival-style apartment building that has a prominent place in Kansas City's skyline is up for sale for $49 million.
The building's owner, a Dallas-based investor that owns the building under a corporation called 909 Walnut Management LLC, is taking offers until Feb. 28. The $49 million offering price includes a nearby eight-story parking garage.
The building has 152 apartments and office space now leased by EPR Properties, a Kansas City-based real estate investment trust, for its headquarters.
The 909 Walnut building was constructed in 1931 and originally served as headquarters for Fidelity National Bank before a 2005 restoration converted it into apartments and smaller office space.
The seller hired Institutional Property Advisors, a division of commercial real estate brokerage Marcus & Millichap, to list the property.