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    1531 Grand Blvd Kansas City, MO 64106

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    For Sale
    $250,000

    Established Korean restaurant and bar for sale in Kansas City.

    Property size:
    2,950 SF
    Lot size:
    0.07 Acres

    Property Features for 1531 Grand Blvd

    General Information

    Size
    2,950 SF
    Lot size
    0.07 Acres

    Source: Carthage Realty Group LLC (CRG) Agent Ben Hassine

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Restaurant and Bar Opportunity

    An established Korean restaurant and bar, founded in May 2018, is available for purchase. The restaurant is situated in the Crossroads-Power and Light Entertainment District, across the street from a popular music venue and a short distance from the T Mobile sporting arena. The property features a full 1:30 liquor license, a 20ft bar, a walk-in cooler, a hood, and a grease trap. The restaurant was recognized as the Best Korean restaurant in 2021 by The Pitch. The property is 2950 square feet and is suitable for restaurants, retail properties, bars, and turn-key restaurant businesses. This is an opportunity to invest in a business with positive cash flow.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kobi Q Korean Barbecue Restaurant

    Suggested Use

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

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

    Similar Places Nearby

    Hero's NewYork Griddle, Sidecar Cocktail Catering Co., Scratch Office Catering, The Wild Way Warehouse, We Got It Covered Food Service

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.5808006
    Latitude
    39.0946743

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    FAQs

    What type of property is this?
    Restaurant - Established Korean restaurant and bar for sale in Kansas City.
    Where is this restaurant located?
    The property is located at 1531 Grand Blvd Kansas City, MO.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Established Korean restaurant and bar for sale in the Crossroads-Power and Light Entertainment District.; - Full 1:30 liquor license included.; - Located near a popular music venue and the T Mobile sporting arena.
    (913) 562-7187
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    1531 Grand Blvd Kansas City, MO 64106
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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
    1531 Grand Blvd Kansas City, MO 64106
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