Established Bar & Grill For
4940 NE 81st St Kansas City, MO 64119
For Sale
Contact for pricing
Impeccably maintained bar and grill with strong highway access and visibility on a high-traffic roadway.
Property Size14,000 SF
Price / SF$221.43
Days on Market188
Property Features for 4940 NE 81st St
General Information
- Standard status
- Active
- Size
- 14,000 SF
- Property subtype
- RETAIL
Listing Agency:
Clemons Real Estate
(816) 621-2130
Listed By:
Audrey Navarro · License #2003023010
Source:
Moodyscre
Added: Jan 19
Changed: Jul 23
Last Checked: Jul 23 at 2:48AM
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 Clemons Real Estate
Investment Insights
Based on property information with market context.
This long-standing, established bar and grill is offered for sale and is reported to be impeccably maintained and in excellent condition. The property is positioned for ongoing restaurant-bar operations with a turnkey ownership transition driven by the owner’s retirement.
Located at 4940 NE 81st St in Kansas City’s Northland trade area, the site is described as having great visibility and highway access. Public remarks cite strong traffic counts of 42,000 vehicles per day on 152 Highway, supporting customer access and day-to-day exposure.
The surrounding area is characterized as a high residential growth zone, with the property described as being surrounded by new development projects.
Located at 4940 NE 81st St in Kansas City’s Northland trade area, the site is described as having great visibility and highway access. Public remarks cite strong traffic counts of 42,000 vehicles per day on 152 Highway, supporting customer access and day-to-day exposure.
The surrounding area is characterized as a high residential growth zone, with the property described as being surrounded by new development projects.
Key Highlights
- Long‑standing bar & grill business for sale in the Northland trade area
- Strong traffic counts with 42,000 vehicles per day on Hwy 152
- Great visibility and highway access on a high‑traffic roadway
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 | $196.6k | $14.04 |
| − Vacancy | −$7.7k | −$0.55 |
| EGI | $188.9k | $13.49 |
| − OpEx | −$47.2k | −$3.37 |
| NOI | $141.7k | $10.12 |
14,000 SF · lease $14.04/SF/yr · vacancy 3.90% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.02M
$1.77M – $2.36M
NOI $141,671 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$10.45M
$9.14M – $12.19M
NOI $731,407 @ 7.0% cap · market cap 23.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Brass Rail Sports ...
Bar & Pub
Similar Off Market Nearby
- Brass Rail Sports Bar, Restaurant & Pool Hall — 4940 NE 81st St, Kansas City, MO 64119
FAQs
What type of property is this?
Bar & Pub - Impeccably maintained bar and grill with strong highway access and visibility on a high-traffic roadway.
Where is this bar & pub located?
The property is located at 4940 NE 81st St Kansas City, MO.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Long‑standing bar & grill business for sale in the Northland trade area; Strong traffic counts with 42,000 vehicles per day on Hwy 152; Great visibility and highway access on a high‑traffic roadway
