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Established Restaurant and Bar Opportunity
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1531 Grand Blvd, Kansas City, MO

Established Korean restaurant and bar for sale in Kansas City.

Property Size2,950 SF
Lot Size0.07 Acres
Price / SF$84.75
Days on Market615

Property Features for 1531 Grand Blvd

General Information

Standard status Active
Size 2,950 SF
Lot size 0.07 Acres
Property subtype RETAIL

Site & Location

Neighborhood Crossroads
Listing Agency: Carthage Realty Group LLC (CRG)
Listed By: Ben Hassine
Source: Moodyscre
Added: Feb 24, 2025 Changed: Oct 25 Last Checked: Oct 30 at 4:05PM

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 Carthage Realty Group LLC (CRG)

Rey
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Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Kobi Q Korean Barbecue Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Nursing Home Pet Grooming Service Butcher Clothing & Fashion 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

5,484
Businesses Nearby
124k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 40% Dining 35% Shops & Services 18% Apparel 4%
Yard House Dining
26,164 visits/mo 0.3 miles
Crowne Plaza Kansas City Downtown, an IHG Hotel Hotels & Casinos
24,147 visits/mo 0.3 miles
Hampton Inn & Suites Kansas City Downtown/Crossroads Hotels & Casinos
13,802 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
9,669 visits/mo 0.2 miles
Sinclair Shops & Services
9,421 visits/mo 0.1 miles
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Similar Off Market Nearby

  • Scratch Office Catering — 2300 Main St #160, Kansas City, MO 64108
  • Sidecar Cocktail Catering Co. — 2016 Main St, Kansas City, MO 64108
  • The Wild Way Warehouse — 708 E 19th St, Kansas City, MO 64108
  • We Got It Covered Food Service — 1600 Campbell St, Kansas City, MO 64108
  • Hero's NewYork Griddle — 410-420 E 13th St, Kansas City, MO 64106

Frequently Asked Questions

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 · Office Call to check price and availability
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