For Sale
$1,700,000

1825-1827 Buchanan StNorth Kansas City, MO 64116

Prime location, fully leased, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
125
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.

Highlights

  • $1,700,000 asking price for this two-unit retail property in North Kansas City, MO.
  • 6,100 square feet total, with 4,950 square feet on the ground floor and 1,150 square feet of mezzanine space.
  • 100% occupancy with a multi-tenant lease structure (NN+).
  • 3-year remaining lease term.
  • Prime location in North Kansas City's business/entertainment district, offering high foot traffic and visibility.
  • Features include a large outdoor patio (4,100+ sq ft), updated ADA bathrooms, new flooring, and a recently installed commercial garage door.

Property Details for 1825-1827 Buchanan St

Property type
Retail properties, Restaurants
Square Feet
6,100 SF
Year Built
1957
Stories
2
Lot Size (sq. ft)
8,712 SF

Location Insight

City
North Kansas City
County
Clay
State
Missouri
Latitude
39.1408855
Longitude
-94.5794912
1825-1827 Buchanan St, North Kansas City, Missouri

FAQs

What type of property is this?
Retail property - Prime location, fully leased, high traffic.
Where is the retail property located?
The property is located at 1825-1827 Buchanan St North Kansas City, MO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: $1,700,000 asking price for this two-unit retail property in North Kansas City, MO.; 6,100 square feet total, with 4,950 square feet on the ground floor and 1,150 square feet of mezzanine space.; 100% occupancy with a multi-tenant lease structure (NN+).
How can I contact the broker?
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1825-1827 Buchanan St
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