Specialty Property with Owned
For Sale
Under Contract
$605,000
2939 Cherry Street, Kansas City, MO 64108
COMMERCIAL - 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
Active Under Contract
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
Amenities
solar panels
Building Details
Year built
1986
Floors in Building
1
Listing Agency:
Wardell & Holmes Real Estate
(816) 416-7111
Listed By:
Andrea Wardell · License #2008131950
(816) 806-9492
Added: Apr 6
Changed: Aug 19
Last Checked: Aug 20 at 7:06AM
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 at 2939 Cherry Street in Kansas City was built in 1986 and is currently leased to an established tenant through May 2027. The asset includes owned solar panels, a private restroom, building signage, a parking lot, and water availability. M1-5 zoning provides the recorded land-use designation for the property.
The property is located in Kansas City’s Longfellow neighborhood, within Jackson County and ZIP code 64108. Current operations reflect an approximate 6.77% capitalization rate, and the tenant holds a First Right of Refusal. The existing lease provides an in-place occupancy structure while retaining a future owner-user path after the lease term, as described in the property information.
The property is located in Kansas City’s Longfellow neighborhood, within Jackson County and ZIP code 64108. Current operations reflect an approximate 6.77% capitalization rate, and the tenant holds a First Right of Refusal. The existing lease provides an in-place occupancy structure while retaining a future owner-user path after the lease term, as described in the property information.
Key Highlights
- Leased to an established tenant through May 2027
- Approximate 6.77% capitalization rate
- Owned solar panels included with the property
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,750
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Income-producing commercial property with an in-place tenant, on-site parking, and M1-5 zoning.
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: Leased to an established tenant through May 2027; Approximate 6.77% capitalization rate; Owned solar panels included with the property
