Freestanding Restaurant with
For Sale
$750,000
2117 S 34th St, Kansas City, KS 66106
C1-zoned property includes patio seating, a commercial kitchen, and on-site parking.
Property Size3,073 SF
Lot Size0.47 Acres
Price / SF$244.06
Days on Market97
Property Features for 2117 S 34th St
General Information
Standard status
Active
Size
3,073 SF
Lot size
0.47 Acres
Site & Location
Neighborhood
Northwest
Frontage
145 ft
Road Access
Yes
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Building Details
Year Built
1965
Buildings
1
Listing Agency:
ReeceNichols - Overland Park
Listed By:
Joshua Do · License #00244850
(408) 529-6933
Source:
Francishomegroup
Added: Aug 2
Changed: Oct 26
Last Checked: Nov 4 at 3:03PM
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 ReeceNichols - Overland Park
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Investment Insights
Based on property information with market context.
This freestanding restaurant property at 2117 S 34th Street in Kansas City, Kansas, contains a 3,073-square-foot building on approximately 0.47 acres. Built in 1965, the facility has second-generation restaurant improvements, including dining space, patio seating with built-in tables, a service counter, restrooms, commercial kitchen areas, preparation and storage rooms, and parking on the premises.
Food-service infrastructure includes a commercial exhaust hood, deep fryers, grease trap, walk-in refrigerator and freezer, stacked convection ovens, dish machine, stainless-steel worktables, and a built-in smoker or pit beneath its own hood. The property has approximately 145 feet of frontage along South 34th Street and is zoned C1, providing an existing restaurant configuration for continued food-service use.
Food-service infrastructure includes a commercial exhaust hood, deep fryers, grease trap, walk-in refrigerator and freezer, stacked convection ovens, dish machine, stainless-steel worktables, and a built-in smoker or pit beneath its own hood. The property has approximately 145 feet of frontage along South 34th Street and is zoned C1, providing an existing restaurant configuration for continued food-service use.
Key Highlights
- 3,073‑square‑foot restaurant building on approximately 0.47 acres
- Approximately 145 feet of frontage along South 34th Street
- Second‑generation restaurant layout with dining room, patio, kitchen, storage, service counter, and restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,828
Cap Rate
4.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,560
$636.6K
Cap Rate 7%
$454,686
$454.7K
Cap Rate 9%
$353,644
$353.6K
Market Conditions
NOI Build-Up for 3,073 SF
Gross rent
$44.3K $14.40/SF
− Vacancy
−$1.8K −$0.59/SF
EGI
$42.4K $13.81/SF
− OpEx
−$10.6K −$3.45/SF
NOI
$31.8K $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%
$636,560
Cap Rate 7%
$454,686
Cap Rate 9%
$353,644
Alternative Uses
Best Use
Specialty Retail
$454.7K
$397.9K – $530.5K
NOI $31,828 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$509.1K
$445.5K – $594.0K
NOI $35,638 @ 7.0% cap · market cap 4.75%
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
Lease Details
Yes
Paved road access
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
123
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 66106, KS
24,085
Population
9,226
Households
2.6
Avg Household Size
35
Median Age
16%
College-Educated
84%
High-School Grad
18.9 sq mi
ZIP Area
1,274
Density / Sq Mi
$56,294
Median Household Income
$39,734
Median Earnings
$944
Median Rent
$154,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - C1-zoned property includes patio seating, a commercial kitchen, and on-site parking.
Where is this conventional restaurant located?
The property is located at 2117 S 34th St Kansas City, KS.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 3,073‑square‑foot restaurant building on approximately 0.47 acres; Approximately 145 feet of frontage along South 34th Street; Second‑generation restaurant layout with dining room, patio, kitchen, storage, service counter, and restrooms
