Crossroads Arts District Mixed-Use
2018 Main Street Kansas City Kansas City, MO 64108
For Sale
Contact for pricing
Mixed-use property in Kansas City's Crossroads Arts District.
Property Size18,600 SF
Price / SF$225.81
Days on Market147
Property Features for 2018 Main Street Kansas City
General Information
Standard status
Active
Size
18,600 SF
Property subtype
Business for Sale, Hospitality, Mixed Use, Office, Retail
Listing Agency:
Crossroads Real Estate Group
Listed By:
Sam Hagan · License #2019020815
Source:
Crexi
Added: Mar 3
Changed: Jul 10
Last Checked: Jul 27 at 7:23PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Crossroads Real Estate Group
Investment Insights
Based on property information with market context.
Located in the heart of Kansas City’s Crossroads Arts District, 2018 Main Street is a mixed-use property that was originally constructed in 1915 and has been thoughtfully renovated. The building has approximately 18,600 square feet of gross area and 12,414 square feet of net rentable area. The property benefits from its location directly on the KC Streetcar line, providing visibility, walkability, and connectivity to the Power & Light District, Union Station, Crown Center, and the T-Mobile Center. The asset features a diversified income profile with hospitality and office components. It also includes an elevator-served rooftop amenity deck with bar infrastructure and on-site garage parking.
Key Highlights
- Located directly on the KC Streetcar line in the Crossroads Arts District, offering exceptional visibility, walkability, and connectivity.
- Mixed‑use asset with diversified income profile from hospitality and office components.
- Elevator‑served rooftop amenity deck with bar infrastructure.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $419.6k | $22.56 |
| − Vacancy | −$69.2k | −$3.72 |
| EGI | $350.4k | $18.84 |
| − OpEx | −$87.6k | −$4.71 |
| NOI | $262.8k | $14.13 |
18,600 SF · lease $22.56/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.75M
$3.28M – $4.38M
NOI $262,785 @ 7.0% cap · market cap 6.26%
Second Best
Mixed Use
$2.92M
$2.56M – $3.41M
NOI $204,647 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$4.43M
$3.88M – $5.17M
NOI $310,123 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in Kansas City's Crossroads Arts District.
Where is this mixed-use property located?
The property is located at 2018 Main Street Kansas City Kansas City, MO.
What is the asking price?
The asking price for this property is $4,200,000.
What are key features of this property?
This property features: Located directly on the KC Streetcar line in the Crossroads Arts District, offering exceptional visibility, walkability, and connectivity.; Mixed‑use asset with diversified income profile from hospitality and office components.; Elevator‑served rooftop amenity deck with bar infrastructure.
