KANSAS CITY, Mo. — The longtime owners the Aladdin Hotel in downtown Kansas City have renewed efforts to unbottle new life for the shuttered historic property.
The 99-year-old building at 1215 Wyandotte St. is set for a March 4-6 auction through Ten-X Commercial, a digital commercial real estate sales marketplace. A starting bid for the 193-room hotel is set at $1.25 million; Jackson County valued it at $3.53 million last year.
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Built in 1925, the Aladdin Hotel in 2006 was renovated as a Holiday Inn under Memphis-based Wright Investment Properties Inc., which bought it for an estimated $5.1 million that March. However, the hotel closed in the spring of 2020, at the pandemic’s onset, and that fall lost its flag.
March won’t be the Aladdin Hotel’s first time going up for auction. In a previous Ten-X auction in July 2021, Wright indicated that it was seeking either a new buyer or a joint venture partner to help reposition the building.