2939 Cherry St, Kansas City, MO

Name: 2939 Cherry St, For Sale in Kansas City - Zoocasa
Brand: Wardell & Holmes Real Estate
SKU: 2612481
Price: 625000 USD

House

For Sale

Listed price in listed location currency (USD).

$625,000

000

MLS® 2612481

Overview

Key Facts

Type

Levels Commercial Sale

Size -

Garage

Taxes $16,195

Days Active 5

Lot Size

Approx. Age 1986

MLS® Number 2612481

Property Address: 2939 Cherry St, Kansas City, MO, 64108-3110

Average square foot calculated using Size range provided by listing agent.

Description

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

MLS® Number2612481

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1986

Basement

DrivewayParking Lot, Paved

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Apr 7, 2026List Date

$625,000List Price

Map

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