15540 State Ave Basehor, KS 66007-7101
This exceptional turnkey business opportunity presents a well-established restaurant in Basehor, Kansas. Located at 15540 State Ave, this single-story, 3,036 square foot building sits on a one-acre lot with significant street frontage on busy Highway 24-40, boasting daily traffic counts exceeding 19,100 vehicles. The property, built in 1990 and zoned CP-2, offers ample parking for over 60 vehicles, complementing the 131-seat interior dining area and a 16-seat outdoor patio. This profitable restaurant has thrived for 28 years, providing a proven track record and immediate income potential for the new owner. All existing equipment is included in the sale, ensuring a smooth transition. The asking price is $950,000. This is a rare chance to acquire a successful, established restaurant in a high-visibility location with a loyal customer base. The property is currently operating at 100% occupancy. This represents a unique investment opportunity for an owner/user seeking an established business with significant growth potential.
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Kelley's Grill & Bar Bar & Pub Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.