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    308 SE Douglas St Lees Summit, MO 64063

    For Sale
    $4,500,000

    Business - Lee's Summit, MO

    Type:Business
    Lot size:
    0.25 Acres
    Days on Market:
    22
    Last Refresh:
    Dec 6 at 6:06 am

    Property Features for 308 SE Douglas St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    C-1
    APN
    61-230-17-27-00-0-00-000
    Parking features
    Paved or Surfaced
    Interior features
    Elevator, Private Restroom
    Accessibility
    Accessible Elevator Installed
    Lot size
    0.25 Acres

    Building Details

    Year built
    2013
    Floors in Building
    3
    Architectural style
    Other

    Reece & Nichols Realtors, INc (816) 524-7272 [email protected]

    Listing agent Kevin Foster (816) 524-7272 License #1999031200

    Listing date Nov 15, 2025

    MLS# 2500321 Listing URL

    Copyright © 2025 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.

    Overview

    Established Venue in Lee's Summit

    This is a business and real estate opportunity to own a well-established venue in Lee's Summit, Missouri. The Stanley Event Space, built in 2013, features a vintage appearance with a newer structure. It includes three unique event spaces: The Kingston Room, The Aspen Room, and The Aspen Rooftop. The venue specializes in wedding and anniversary events, high school and college graduations, end-of-life celebrations, as well as weekly and monthly corporate meetings and entertaining events. The property is zoned C-1 and occupies a 0.25-acre lot. Located in the desirable Lee's Summit area, the venue benefits from the popularity of Downtown Lee's Summit and the upcoming Downtown Market Plaza development. This is an opportunity to own a business in one of the most desirable Kansas City area cities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Aspen Room at the Stanley Event Venue Something Borrowed Lavish ... Event Venue The Stanley Event Space Wedding Venue

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lees Summit
    County
    Cass
    State
    Missouri
    Longitude
    -94.376253
    Latitude
    38.912031

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    FAQs

    What type of property is this?
    Wedding venue - Successful event space business and real estate opportunity for sale.
    Where is this wedding venue located?
    The property is located at 308 SE Douglas St Lees Summit, MO.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: - Established and successful event venue business with a strong reputation; - Three unique event spaces: The Kingston Room, The Aspen Room, and The Aspen Rooftop; - Located in the desirable and growing Downtown Lees Summit area, near the new Downtown Market Plaza development
    (816) 524-7272
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    308 SE Douglas St Lees Summit, MO 64063
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    Lees Summit, MO 64063
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    308 SE Douglas St Lees Summit, MO 64063
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