Creative Multipurpose Building For
3016 Cherry St Kansas City, MO
3016 Cherry St, Kansas City, MO, 00000
Contact for pricing
For Sale
Contact for pricing
6,250 SF creative space in prime Union Hill location.
Property Size6,250 SF
Lot Size0.15 Acres
Price / SF$192
Days on Market344
Property Features for 3016 Cherry St
General Information
- Standard status
- Active
- Size
- 6,250 SF
- Lot size
- 0.15 Acres
- Property subtype
- OFFICE
Listing agency
Colliers | Kansas City
(816) 556-1120
Listed by
Phil James · License #00238370
(816) 305-8525
Source
Moodyscre
Added: Aug 12, 2025 Updated: Jul 6 at 10:39AM Checked: Jul 21 at 5:05AM
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 Colliers | Kansas City
Investment Insights
Based on property information with market context.
This 6,250 square foot building is a creative multipurpose space suitable for use as an event center or photography studio, featuring a cyc wall. The property includes an outdoor courtyard that can also serve as private parking. It is located in a prime location in Union Hill, providing convenient access to entertainment, retail, and job centers.
Key Highlights
- Prime location in Union Hill with easy access to entertainment, retail, and job centers
- Creative multipurpose building/event center space
- 6,250± SF building
Local 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 | $141.0k | $22.56 |
| − Vacancy | −$23.3k | −$3.72 |
| EGI | $117.7k | $18.84 |
| − OpEx | −$29.4k | −$4.71 |
| NOI | $88.3k | $14.13 |
6,250 SF · lease $22.56/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.26M
$1.10M – $1.47M
NOI $88,301 @ 7.0% cap · market cap 7.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,208 @ 7.0% cap · market cap 8.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Artis Photography
Photography Service
Studio 132 Photography
Film Production
Similar For Sale Nearby
FAQs
What type of property is this?
Creative space - 6,250 SF creative space in prime Union Hill location.
Where is this creative space located?
The property is located at 3016 Cherry St Kansas City, MO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location in Union Hill with easy access to entertainment, retail, and job centers; Creative multipurpose building/event center space; 6,250± SF building
