Single-Level Office Building with
4003 Pennsylvania Avenue Kansas City, MO 64111
4003 Pennsylvania Avenue, Kansas City, MO, 64111
$850,000
For Sale
$850,000
Stand-alone office with private parking, multiple private offices, meeting rooms, and open work areas, zoned B3-2.
Property Size4,200 SF
Lot Size0.25 Acres
Price / SF$202.38
Days on Market265
Property Features for 4003 Pennsylvania Avenue
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Lot size
- 0.25 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1960
Listing agency
Aristocrat Realty
(913) 271-7656
Listed by
Michael Meier · License #MO 2017043054
(913) 271-7656
Source
Xome
Added: Oct 31, 2025 Updated: Jul 22 at 4:16PM Checked: Jul 22 at 4:16PM
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 Aristocrat Realty
Investment Insights
Based on property information with market context.
4003 Pennsylvania Avenue, Kansas City, MO 64111 presents a stand-alone, single-level office building with approximately 4,200 SF situated on a 0.25-acre lot with its own private parking lot. The building’s layout supports multiple private offices, meeting rooms, and open work areas, with two restrooms positioned on opposite ends of the building and two rear exits for added flexibility.
Zoned B3-2 Community Business District, the property is positioned to accommodate a wide range of commercial uses. Public remarks also note excellent street visibility and accessibility, with nearby retail, restaurants, and entertainment within walking distance of Westport.
For practical occupancy planning, the separation of restrooms and the presence of two rear exits can support day-to-day flow for either a single user or a multi-tenant configuration. The current layout is also described as suitable for conversion to a coworking space.
Zoned B3-2 Community Business District, the property is positioned to accommodate a wide range of commercial uses. Public remarks also note excellent street visibility and accessibility, with nearby retail, restaurants, and entertainment within walking distance of Westport.
For practical occupancy planning, the separation of restrooms and the presence of two rear exits can support day-to-day flow for either a single user or a multi-tenant configuration. The current layout is also described as suitable for conversion to a coworking space.
Key Highlights
- Stand‑alone, single‑level office building with approx. 4,200 SF on a 0.25‑acre lot
- Zoned B3‑2 Community Business District, allowing a wide range of commercial uses
- Private paved parking lot with parking for the 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 | $94.8k | $22.56 |
| − Vacancy | −$15.6k | −$3.72 |
| EGI | $79.1k | $18.84 |
| − OpEx | −$19.8k | −$4.71 |
| NOI | $59.3k | $14.13 |
4,200 SF · lease $22.56/SF/yr · vacancy 16.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$847.7K
$741.7K – $989.0K
NOI $59,338 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$875.4K – $1.17M
NOI $70,028 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fasone and Partners
Marketing & Advertising
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Stand-alone office with private parking, multiple private offices, meeting rooms, and open work areas, zoned B3-2.
Where is this office building located?
The property is located at 4003 Pennsylvania Avenue Kansas City, MO.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Stand‑alone, single‑level office building with approx. 4,200 SF on a 0.25‑acre lot; Zoned B3‑2 Community Business District, allowing a wide range of commercial uses; Private paved parking lot with parking for the building
