2939 Cherry Street Kansas City, MO $ 625,000
2939 Cherry Street
$ 625,000
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2939 Cherry Street

Kansas City, MO, 64108
$ 625,000
Bedrooms-- Baths--
2939 Cherry Street, Kansas City, MO 64108 - Image 1
2939 Cherry Street, Kansas City, MO 64108 - Image 2
2939 Cherry Street, Kansas City, MO 64108 - Image 3
2939 Cherry Street, Kansas City, MO 64108 - Image 4
2939 Cherry Street, Kansas City, MO 64108 - Image 5

Property for Rent in Kansas City, MO

for $625,000. This property was built in 1986 on a lot size of 0.268779.

Investment Offering | Stabilized Asset with Strategic Upside Positioned in the established and evolving Longfellow neighborhood, this 1986-built asset presents a rare opportunity to acquire a stabilized, income-producing property with both operational efficiency and future optionality. The property is currently leased to an established tenant through May 2027, providing immediate, predictable cash flow. Based on current financials, the asset is operating at an approximate 6.77% capitalization rate, supported by a strong income stream and controlled expenses. Full lease documentation and T-12 financials are available for qualified buyers. A notable enhancement to the asset is the presence of owned solar panels, reducing utility exposure and contributing to long-term expense stability—an increasingly valuable feature for both investors and future occupants. This offering presents a dual-path opportunity: Passive Investor Play: Secure in-place income with a performing tenant and solid yield in a central Kansas City location Strategic Owner-User Play: Plan for future occupancy upon lease expiration, while benefiting from income in the interim The current tenant also holds a First Right of Refusal, creating a defined and transparent framework for any future sale considerations. Investment Summary Cap Rate: ~6.77% Lease Term: Through May 2027 Asset Type: Stabilized, income-producing Year Built: 1986 Additional Features: Owned solar infrastructure Buyer and Buyer's Agent to verify any and all information as it pertains to the property. Seller is Licensed in Kansas and Missouri

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Rental Active

Price

$ 625,000

Taxes

$ 16,195

Style

Lot Size

0.268779

Year Built

1986

Town/City

Kansas City

County/Region

Jackson

MLS | Web ID

2612481

Features
Interior
Interior Amenities Private Restroom
Total Stories 1
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General
Utilities Electricity Available Natural Gas Available Water Available
Possession Subject To Tenant Rights
Zoning M1-5
Year Built 1986
Property Subtype Other
Current Use See Remarks
Business Type See Remarks
County Jackson
Property Type Commercial Sale
Status Active
Directions North on Gillham Road East on 30th Street North on Cherry.
City Kansas City
MLS Area 202 - Kansas City Area (So. of River)
Lot Size Units Square Feet
Lot Size Square Feet 11708
Listing Terms Cash Conventional Other
Public Remarks Investment Offering Stabilized Asset with Strategic Upside Positioned in the established and evolving Longfellow neighborhood this 1986-built asset presents a rare opportunity to acquire a stabi
Leasable Area 4191
Lease Type Full Service
Standard Status Active
In Flood Plain Unknown
HMS_MaintenanceProvidedYN N
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Exterior
Exterior Amenities Building Sign
Parking Features Parking Lot Paved
Lot Size Area 11708
Road Frontage Type City Street
Location Features Free Standing
Number of Docks 0
Number of Drive In Doors 0
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* Excluded Features
List By
Wardell & Holmes Real Estate

Broker

Nearby
652738 Elementary School
652859 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$625,000 Listed Price

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2939 Cherry Street, Kansas City, MO, 64108 is a Property for Rent at $625,000 with a lot size of 0.268779. 2939 Cherry Street was built in 1986. The property's zip code is 64108 which is in Kansas City, MO