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Two-Building Retail Investment
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624-634 E 63rd St, Kansas City, MO 64110

Two connected storefront buildings totaling about 6,800 SF, including a leased Billie’s Juicery space.

Property Size6,800 SF
Price / SF$234.56
Days on Market342

Property Features for 624-634 E 63rd St

General Information

Standard status Active
Size 6,800 SF
Property subtype RETAIL
Listing Agency: Clemons Real Estate
Listed By: Audrey Navarro · License #2003023010
Source: Moodyscre
Added: Aug 26, 2025 Changed: Jul 27 Last Checked: Aug 1 at 1:34PM

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 Clemons Real Estate

Investment Insights

Based on property information with market context.

This two-building retail package totals approximately 6,800 SF across 5,500 SF and 1,300 SF spaces. One unit is currently occupied by Billie’s Juicery on a new 5-year lease with an additional 5-year option. A second space was formerly Magnolia’s Event Center and may fit an owner-occupant seeking a retail or event-oriented setup.

The property is located at 624–634 E 63rd St in KCMO’s Brookside neighborhood. Onsite billboard signage is available for owner/occupant use only.

The package offers flexibility for a buyer looking to operate alongside a tenant or reposition the former event space, with the merchandising and usage profile described as suitable for retail, event food/beverage, wellness, or creative office uses.

Key Highlights

  • Two‑building connected storefront package totaling approx. 6,800 SF (5,500 + 1,300)
  • Billie’s Juicery is on a new 5‑year lease with an additional 5‑year option
  • Former Magnolia’s Event Center space offers a fit for owner‑occupant use

Financial Insights For Retail

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 $95.5k $14.04
− Vacancy −$4.1k −$0.60
EGI $91.4k $13.44
− OpEx −$27.4k −$4.03
NOI $64.0k $9.41
6,800 SF · lease $14.04/SF/yr · vacancy 4.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$913.7K
$799.5K – $1.07M (±1% cap)
NOI $63,957 @ 7.0% cap · market cap 4.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.62M
$1.42M – $1.89M (±1% cap)
NOI $113,378 @ 7.0% cap · market cap 7.11%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Food Market HVAC Service Grocery & Convenience Store Electrical Service (Bike/Boat/Book/etc) Store

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

1,403
Businesses Nearby
110k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 49% Shops & Services 31% Groceries 14% Apparel 4%
McDonald's Dining
21,569 visits/mo 0.4 miles
Aldi Groceries
15,464 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
11,808 visits/mo 0.4 miles
Wendy's Dining
11,314 visits/mo 0.3 miles
Captain D's Dining
7,789 visits/mo 0.4 miles

Demographics for 64110, MO

15,874
Population
8,655
Households
1.8
Avg Household Size
32
Median Age
50%
College-Educated
95%
High-School Grad
3.0 sq mi
ZIP Area
5,291
Density / Sq Mi
$59,710
Median Household Income
$38,852
Median Earnings
$1,155
Median Rent
$238,200
Median Home Value

Market

Vacancy Rate% for Retail in Kansas City, MO

7.7% 2019
8.4% 2020
7.3% 2021
6.6% 2022
6.6% 2023
5.5% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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  • Flowers By Design

Frequently Asked Questions

What type of property is this?
Storefront property - Two connected storefront buildings totaling about 6,800 SF, including a leased Billie’s Juicery space.
Where is this storefront property located?
The property is located at 624-634 E 63rd St Kansas City, MO.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Two‑building connected storefront package totaling approx. 6,800 SF (5,500 + 1,300); Billie’s Juicery is on a new 5‑year lease with an additional 5‑year option; Former Magnolia’s Event Center space offers a fit for owner‑occupant use
(816) 621-2130 Call to check price and availability
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