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Two-Unit Mixed-Use Building
For Sale
$1,700,000

1825-1827 Buchanan Street, Kansas City, MO 64116

Commercial Sale, Kansas City, MO

Property Size6,100 SF
Lot Size0.20 Acres
Price / SF$278.69
Days on Market47

Property Features for 1825-1827 Buchanan Street

General Information

Property type Commercial Sale
Property subtype Retail
Zoning C-1
Parking features On Street
Interior features Private Restroom
Directions I-29 to Armour Road (west) to Buchanan Street (South) to property.
Subdivision 101 - North Kansas City (31st St North)
Standard status Active
APN 17-609-00-05-001.01
Lot size 0.20 Acres

Taxes and HOA fees

Tax Description PHILLIPS' ADDITION AMENDED PLAT LT 3
Tax Annual Amount 14677
Legal Description PHILLIPS' ADDITION AMENDED PLAT LT 3

Utilities

Utilities Water Available

Amenities

outdoor asphalt patio yard area
covered stage
beer cooler
kitchen hoods with fire suppression system
steel shelving
steel stairs
new composite flooring
ADA bathrooms
new commercial aluminum garage door

Building Details

Year built 1957
Floors in Building 2
Listing Agency: BHG Kansas City Homes · Better Homes and Gardens Real Estate
Listed By: Leslie Hogan · License #2014012610
Added: Sep 17 Changed: Oct 19 Last Checked: Nov 2 at 12:06AM
MLS# 2642754

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This two-unit mixed-use property at 1825-1827 Buchanan Street includes 6,100 square feet of interior space, comprising a 4,950-square-foot base level and 1,150-square-foot mezzanine. The restaurant-oriented side includes a 4,100-square-foot asphalt patio yard with a covered stage. Interior improvements include a 10-by-10 beer cooler with glass doors, kitchen hoods with fire suppression, two ADA bathrooms, composite flooring in the main dining area, steel bar shelving, and a steel stairway connecting to the mezzanine. The 1827 unit also has a newer commercial aluminum garage door and opener.

Both units are tenant occupied. The property is zoned C-1 and was built in 1957. On-street parking is available along Buchanan Street, with a pay-to-park lot across the street. The property also offers access to water service and is near multiple highway access points and downtown Kansas City.

Key Highlights

  • 6,100 SF of interior space with a 4,950 SF base level and 1,150 SF mezzanine
  • Two‑unit property with both units tenant occupied
  • 4,100 SF asphalt patio yard with covered stage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$70,826
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,416,520 $1.4M
Cap Rate 7%
$1,011,800 $1.0M
Cap Rate 9%
$786,956 $787.0K
Market Conditions
NOI Build-Up for 6,100 SF
Gross rent
$97.4K $15.96/SF
− Vacancy
−$2.9K −$0.48/SF
EGI
$94.4K $15.48/SF
− OpEx
−$23.6K −$3.87/SF
NOI
$70.8K $11.61/SF
Area
Kansas City, MO
Vacancy
3.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,416,520
Cap Rate 7%
$1,011,800
Cap Rate 9%
$786,956

Alternative Uses

Best Use
Specialty Retail
$1.01M
$885.3K – $1.18M (±1% cap)
NOI $70,826 @ 7.0% cap · market cap 4.17%
Second Best
Mixed Use
$958.8K
$838.9K – $1.12M (±1% cap)
NOI $67,115 @ 7.0% cap · market cap 3.95%
Theoretical Best
Office A
$1.45M
$1.27M – $1.70M (±1% cap)
NOI $101,707 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Conventional restaurants

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Bakery Furniture & Home Goods

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

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Commercial hood

Location Intelligence

Trade Area within ½ mile

1,362
Businesses Nearby
77k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 31% Beauty & Spa 2%
QuikTrip Shops & Services
44,746 visits/mo 0.5 miles
SONIC Drive In Dining
9,294 visits/mo 0.5 miles
First Watch Dining
8,605 visits/mo 0.2 miles
Dollar General Shops & Services
5,762 visits/mo 0.0 miles
Scooter's Coffee Dining
5,650 visits/mo 0.5 miles

Demographics for 64116, MO

17,670
Population
9,691
Households
1.8
Avg Household Size
38
Median Age
41%
College-Educated
94%
High-School Grad
10.8 sq mi
ZIP Area
1,636
Density / Sq Mi
$63,352
Median Household Income
$42,653
Median Earnings
$1,252
Median Rent
$226,600
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 Kansas City, MO

7.7% 2019
8.4% 2020
7.3% 2021
6.6% 2022
6.6% 2023
5.5% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Tenant-occupied commercial property with restaurant improvements, mezzanine seating, and an outdoor patio with covered stage.
Where is this mixed-use property located?
The property is located at 1825-1827 Buchanan Street Kansas City, MO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 6,100 SF of interior space with a 4,950 SF base level and 1,150 SF mezzanine; Two‑unit property with both units tenant occupied; 4,100 SF asphalt patio yard with covered stage
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