Operating Neighborhood
For Sale
$160,000
Pending
1200 Osage Ave, Kansas City, KS 66105
C-3 Commercial property with an existing bar operation and flexibility for other approved commercial uses.
Property Size1,176 SF
Lot Size0.19 Acres
Days on Market60
Property Features for 1200 Osage Ave
General Information
Standard status
Pending
Size
1,176 SF
Lot size
0.19 Acres
Zoning
C-3 Commercial
Taxes and HOA fees
Annual Taxes
$3,409
Building Details
Buildings
1
Building Size
1,176 SF
Abandoned
No
Listing Agency:
Platinum Realty LLC
(888) 220-0988
Listed By:
Heather Hardy
(913) 499-9011
Source:
Exprealty
Added: Aug 20
Changed: Oct 16
Last Checked: Oct 16 at 1:55PM
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 Platinum Realty LLC
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Investment Insights
Based on property information with market context.
This operating bar property includes an approximately 1,176-square-foot commercial building on roughly 0.19 acre. The existing configuration supports continued use as a bar or tavern, while the site may also be repositioned for another commercial concept, subject to applicable approvals.
Located at 1200 Osage Avenue in Kansas City, Kansas, the property carries C-3 Commercial zoning. Possible applications identified for the district include automotive sales, office, retail, service businesses, and contractor uses, subject to Unified Government requirements, licensing, parking standards, and any required Special Use Permit. Buyers should independently confirm permitted uses and operating requirements with the Unified Government of Wyandotte County/Kansas City, Kansas.
Located at 1200 Osage Avenue in Kansas City, Kansas, the property carries C-3 Commercial zoning. Possible applications identified for the district include automotive sales, office, retail, service businesses, and contractor uses, subject to Unified Government requirements, licensing, parking standards, and any required Special Use Permit. Buyers should independently confirm permitted uses and operating requirements with the Unified Government of Wyandotte County/Kansas City, Kansas.
Key Highlights
- Existing operating neighborhood bar at 1200 Osage Avenue
- Approximately 1,176‑square‑foot commercial building
- Roughly 0.19‑acre site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,180
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,600
$243.6K
Cap Rate 7%
$174,000
$174.0K
Cap Rate 9%
$135,333
$135.3K
Market Conditions
NOI Build-Up for 1,176 SF
Gross rent
$16.9K $14.40/SF
− Vacancy
−$694 −$0.59/SF
EGI
$16.2K $13.81/SF
− OpEx
−$4.1K −$3.45/SF
NOI
$12.2K $10.36/SF
Area
Kansas City, KS
Vacancy
4.10%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,600
Cap Rate 7%
$174,000
Cap Rate 9%
$135,333
Alternative Uses
Best Use
Specialty Retail
$174.0K
$152.3K – $203.0K
NOI $12,180 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$194.8K
$170.5K – $227.3K
NOI $13,638 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Electronics 18%
Firestone Complete Auto Care
Shops & Services
2,194 visits/mo
0.2 miles
Boost Mobile
Electronics
474 visits/mo
0.3 miles
Demographics for 66105, KS
2,870
Population
1,155
Households
2.5
Avg Household Size
32
Median Age
14%
College-Educated
58%
High-School Grad
3.0 sq mi
ZIP Area
957
Density / Sq Mi
$32,188
Median Household Income
$23,853
Median Earnings
$905
Median Rent
$62,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Manhattan Bar & Grill — 812 S 12th St, Kansas City, KS 66105
- Dutch Tavern 2 — 843 Osage Ave, Kansas City, KS 66105
- The Coop — 1200 Osage Ave, Kansas City, KS 66105
- Bar-None Lounge — 1200 Osage Ave, Kansas City, KS 66105
- Joe's Casino Bar — 1100 Osage Ave, Kansas City, KS 66105
Frequently Asked Questions
What type of property is this?
Bar & Pub - C-3 Commercial property with an existing bar operation and flexibility for other approved commercial uses.
Where is this bar & pub located?
The property is located at 1200 Osage Ave Kansas City, KS.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Existing operating neighborhood bar at 1200 Osage Avenue; Approximately 1,176‑square‑foot commercial building; Roughly 0.19‑acre site
