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    Restaurant and Bar For Sale Title is generated by Realmo AI

    4010 Pennsylvania Ave, Kansas City, MO

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    Second generation restaurant and bar with ample parking.

    Type:RETAIL
    Property size:
    5,000 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $196/SF
    Added:
    Jan 28, 2025
    Days on Market:
    502
    Last Refresh:
    May 20 at 9:41 pm

    Property Features for 4010 Pennsylvania Ave

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Lot size
    0.17 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Gordon Smith
    Gordon Smith

    Listing agent Gordon Smith

    Listing office Crossroads Real Estate Group

    Listing date Jan 28, 2025

    Source Moodyscre

    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 Crossroads Real Estate Group

    HighLights

    • Existing restaurant and bar with full kitchen, grease trap, hood, and walk‑in.
    • Reduced sale price of $980,000.
    • Tenant in place with a 3‑year lease covering 1/3 of the property.
    • Ample parking.
    • Less than 5‑minute walk to Streetcar.
    • 2nd generation restaurant and bar.

    Overview

    This property features a second-generation restaurant and bar space. The existing setup includes a full kitchen equipped with a grease trap, hood, and walk-in facilities. Ample parking is available. The property is located less than a 5-minute walk from the Streetcar. A tenant is currently in place with a 3-year lease, occupying one-third of the property. The property size is 5000 square feet.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $79.8k $15.96
    − Vacancy −$2.4k −$0.48
    EGI $77.4k $15.48
    − OpEx −$19.4k −$3.87
    NOI $58.1k $11.61
    5,000 SF · lease $15.96/SF/yr · vacancy 3.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $829.4K
    $725.7K – $967.6K (±1% cap)
    NOI $58,055 @ 7.0% cap · market cap 5.92%
    Second Best
    Retail
    $671.8K
    $587.8K – $783.8K (±1% cap)
    NOI $47,027 @ 7.0% cap · market cap 4.80%
    Theoretical Best
    Office A
    $1.19M
    $1.04M – $1.39M (±1% cap)
    NOI $83,366 @ 7.0% cap · market cap 8.51%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Surreal Video & Sound Film Production PrintWithMe Print Kiosk ... (Bike/Boat/Book/etc) Store Westport Coffee House Cafe & Coffee Shop A B Amusement Big Box & Wholesale Store Green Room Burgers ... Restaurant

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Rudy's Tenampa Taqueria — 1611 Westport Rd, Kansas City, MO 64111
    • Prime Social — 4622 Pennsylvania Ave #1600, Kansas City, MO 64112
    • tiffany golf course — 4609 jefferson st, kansas city, mo 64112
    • Twin City Tavern — 1815 Westport Rd, Kansas City, MO 64111
    • Café Sebastienne — 4420 Warwick Blvd, Kansas City, MO 64111

    Location Insight

    • Map
    • Local Demand
    City
    Kansas City
    County
    Platte
    State
    Missouri
    Longitude
    -94.5931
    Latitude
    39.0545

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    FAQs

    What type of property is this?
    Bar & Pub - Second generation restaurant and bar with ample parking.
    Where is this bar & pub located?
    The property is located at 4010 Pennsylvania Ave Kansas City, MO.
    What is the asking price?
    The asking price for this property is $980,000.
    What are key features of this property?
    This property features: Existing restaurant and bar with **full kitchen, grease trap, hood, and walk‑in**.; Reduced sale price of $980,000.; Tenant in place with a 3‑year lease covering 1/3 of the property.
    (816) 298-9998 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gordon Smith
    Gordon Smith
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