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Leased Specialty Property
For Sale
$605,000
Pending

2939 Cherry Street, Kansas City, MO 64108

Commercial Sale, Kansas City, MO

Property SizeContact for details
Lot Size0.27 Acres
Days on Market137

Property Features for 2939 Cherry Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning M1-5
Parking features Parking Lot
Interior features Private Restroom
Exterior features Building Sign
Directions North on Gillham Road, East on 30th Street, North on Cherry.
Subdivision 202 - Kansas City Area (So. of River)
Standard status Pending
APN 29-810-28-10-00-0-00-000
Lot size 0.27 Acres

Taxes and HOA fees

Tax Description See Legal Description Addendum
Tax Annual Amount 17544
Legal Description See Legal Description Addendum

Utilities

Utilities Water Available

Building Details

Year built 1986
Floors in Building 1
Listing Agency: Wardell & Holmes Real Estate
Listed By: Andrea Wardell · License #2008131950
Added: Apr 6 Changed: Aug 20 Last Checked: Aug 20 at 9:06PM
MLS# 2612481

Copyright © 2026 Heartland Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This specialty property in Kansas City is a 1986-built commercial asset leased through May 2027. The improvements include a private restroom, building signage, a parking lot, and owned solar panels. Water is available at the property, and the site is zoned M1-5.

Located at 2939 Cherry Street in Kansas City’s Longfellow neighborhood, the property benefits from an established urban setting in Jackson County. The current tenant holds a First Right of Refusal. Financial performance is represented by an approximate 6.77% capitalization rate, while the existing lease provides occupancy through May 2027. The property is offered for sale with lease documentation and T-12 financials available to qualified buyers.

Key Highlights

  • Existing lease runs through May 2027
  • Approximate 6.77% capitalization rate
  • Owned solar panels support on‑site utility infrastructure

Property Analytics

Current Use

Simply Wonderful KC ... Pet Grooming Service

Suggested Use

Top Pick Electrical Service Veterinary Clinic (Bike/Boat/Book/etc) Store Florist Carpet & Flooring Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,750
Businesses Nearby

Demographics for 64108, MO

9,839
Population
6,141
Households
1.6
Avg Household Size
35
Median Age
51%
College-Educated
90%
High-School Grad
3.7 sq mi
ZIP Area
2,659
Density / Sq Mi
$74,462
Median Household Income
$53,521
Median Earnings
$1,422
Median Rent
$286,300
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - M1-5-zoned commercial asset with owned solar infrastructure, on-site parking, and an existing lease extending through May 2027.
Where is this specialty property located?
The property is located at 2939 Cherry Street Kansas City, MO.
What is the asking price?
The asking price for this property is $605,000.
What are key features of this property?
This property features: Existing lease runs through May 2027; Approximate 6.77% capitalization rate; Owned solar panels support on‑site utility infrastructure
More about this property
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