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Restaurant and Office Portfolio
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Pending

4141-4149 Pennsylvania Ave, Kansas City, MO 64111

Portfolio of four contiguous properties includes multi-tenant office space and a 30-space surface parking lot.

Days on Market113

Property Features for 4141-4149 Pennsylvania Ave

General Information

Standard status Pending
Total Parking Spaces 30
Property subtype Land, Mixed Use, Office, Retail

Building Details

Tenancy Multi
Listing Agency: Peak Real Estate Partners
Listed By: Mike Yeggy · License #KS 00233604
Source: Crexi
Added: Apr 12 Changed: Jul 22 Last Checked: Aug 1 at 4:19PM

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 Peak Real Estate Partners

Investment Insights

Based on property information with market context.

4141-4149 Pennsylvania Ave and 400 W. 42nd Street comprise a portfolio of four contiguous properties along Pennsylvania Avenue. The tenant lineup includes multiple restaurants (Port Fonda, Julep and Çava) and Spa on Penn, alongside a multi-tenant office building for local businesses.

The properties are located in Kansas City’s Westport district. A highly sought-after surface parking lot with 30 spaces is included and is adjacent to the three buildings.

The parking lot is currently encumbered by a month-to-month lease, with the 41 Penn Condo Association paying $500 per month. The new owner will have the ability to structure a new long-term lease at market rates, lease to another business at market rates, or develop on the site.

Key Highlights

  • Portfolio of four contiguous properties on Pennsylvania Avenue in Kansas City’s Westport district
  • Tenant mix includes multiple restaurants: Port Fonda, Julep, and ÇāVa, plus Spa on Penn
  • Multi‑tenant office building serving local businesses

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Daycare Center Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

5,014
Businesses Nearby
Under-served
Demand for This Use

Demographics for 64111, MO

17,112
Population
12,430
Households
1.4
Avg Household Size
33
Median Age
64%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,338
Density / Sq Mi
$61,802
Median Household Income
$49,942
Median Earnings
$1,184
Median Rent
$269,500
Median Home Value

Market

Vacancy Rate% for Office in Kansas City, MO

13.7% 2019
15.9% 2020
18.4% 2021
20.8% 2022
22% 2023
21.4% 2024
19.7% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Portfolio of four contiguous properties includes multi-tenant office space and a 30-space surface parking lot.
Where is this conventional restaurant located?
The property is located at 4141-4149 Pennsylvania Ave Kansas City, MO.
What are key features of this property?
This property features: Portfolio of four contiguous properties on Pennsylvania Avenue in Kansas City’s Westport district; Tenant mix includes multiple restaurants: Port Fonda, Julep, and ÇāVa, plus Spa on Penn; Multi‑tenant office building serving local businesses
More about this property
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