1825-1827 Buchanan St, North Kansas City, MO 64116

Property Details for 1825-1827 Buchanan St

Year built

1957

Lot size

0.20 lot acres

Property type

Retail properties & Spaces

Property subtype

Restaurants

Description

This exceptional investment opportunity presents a fully leased, two-unit commercial property ideally situated in North Kansas City's vibrant business and entertainment district at 1825-1827 Buchanan Street, 64116. The property boasts a total of 6,100 square feet, encompassing 4,950 square feet on the ground level and an additional 1,150 square feet of mezzanine space. One unit features a substantial 4,100+ square foot outdoor asphalt patio with a covered stage, perfect for restaurant operations. Its prime location directly across from desirable businesses and apartment complexes ensures high foot traffic and excellent visibility from Burlington Street, near a paid parking lot. Recent city improvements include new drain lines (installed approximately six years ago) and new sidewalks (installed May 2024). Building upgrades include a new commercial aluminum garage door with opener at 1827 Buchanan Street, two ADA-compliant bathrooms with tiled walls and floors, new composite flooring in the main dining area of 1825 Buchanan Street, a 10x10 beer cooler with glass doors, kitchen hoods with a fire suppression system, custom steel shelving in the bar area, and custom-designed steel stairs to the mezzanine level with additional seating and a smaller bar area. Ample street parking is available, supplemented by a large paid parking lot across the street. The property offers easy access to multiple highway points and is minutes from downtown Kansas City. Built in 1957, this two-story building sits on a 0.2-acre lot. The property is currently 100% occupied under a Net Net + lease with a remaining term of three years. The asking price is $1,700,000.

Location Insight

City

North Kansas City

County

Clay

State

Missouri

Longitude

-94.5795

Latitude

39.1409