1321 Burlington Street

1321 Burlington Street, North Kansas City, MO 64116

Property Information

  • Property Type Office
  • Property Size 53,675 SF
  • Lot Size 0.95 Acre
  • Cap Rate % 8.5
  • NOI / YR $498,105.00
  • Taxes / YR $65,337.00
  • # of Floors 2
  • Parking Spaces Avail. 50
  • Parking Ratio 0.93 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1940
  • Year Renovated 2014
  • Date Updated Oct 26, 2026

Description

Fantastic investment opportunity. The iconic Cable Building is a popular office building in North Kansas City with an eclectic ambiance, Burlington Street frontage, and ample public parking. Located just minutes from downtown Kansas City, this building offers everything from large executive office spaces for established companies to shared workspaces for startups and other small businesses.

Highlights: 

- $5.534M asking price

- 8.5% in-place cap rate

- 53,675 SF of rentable space

- 39,000 SF footprint

- 96% occupied

- Recent renovations

- Free parking for all tenants

- Significant upside

With 97% occupancy, solid cash flow is ready to be collected by the new owner. On the other hand, there is plenty of upside for creative investors.

Contacts

Location

Located at 1321 Burlington Street, North Kansas City, MO 64116, this property is part of the North Kansas City neighborhood and Kansas City market.

  • 51/100 Somewhat Walkable
  • 58/100 Bikeable
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