Seller Financing - Lease to Own
Listed By:
King Realty LLC
Address
5304 E 24th Street, Kansas City, MO
Price
$ 450,000
Property Attributes
  • MLS#2473634
  • TypeCommercial
  • CountyJACKSON
  • CityKansas City
  • Area202 - Kansas City Area
  • NeighborhoodOverlook
  • Zip64127
  • StyleBar/Tavern/Lounge,Restaurant
  • Year Built1925
  • Taxes$ 1445
  • Price$ 450,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,968 SqFt
Data Source:
Heartland MLS (HMLS)
Property Description

Discover an unparalleled investment opportunity at this fully-fenced, thriving strip mall. Not just a place for business, but a commercial hub ready to cater to a wide array of entrepreneurial ventures. This unique property presents a turnkey solution with a dine-in restaurant, upscale lounge, sports bar, and two commercial kitchens—each fully equipped—one for a high-efficiency drive-thru and another for sit-down dining. The existing liquor license and established drive-thru service, along with a walk-up window and curbside option, make this an attractive proposition for sustained revenue. Envision patrons enjoying the outdoor seating areas at both the front and rear of the establishment, contributing to a dynamic social space. The interior and exterior have been renovated, ensuring an inviting ambiance and modern appeal. Accommodating both patrons and staff, the property includes 6 bathrooms, 2 of which are full baths, ensuring comfort and convenience. Ample parking accommodates 60 cars, and security is no concern with a 20-camera monitoring system surveilling both inside and out. All equipment is owned outright, encompassing kitchen equipment, pool tables, games, and a top-notch DJ setup complete with QSC speakers—all ready to serve the next profitable event. You can own the whole block by purchasing the remodeled laundromat next door at 5300 E 24th Street (MLS#2473623 375K). The properties can be sold separately or together in a comprehensive package deal. The owner is willing to transfer ownership of two 2-bedroom single-family homes located at 2333 Vanbrunt and 2340 Hardesty as part of the deal if the buyer acquires the entire strip mall at 5300-5304 E 24th Street. These homes are situated directly behind the strip mall. Welcome to where business meets lifestyle — an enterprise-ready for immediate operation with lucrative potential. Your vision for success has a new address.

Price History
2/20/2024 Listed $450,000

General Features

Interior Features Private Restroom
Utilities Electric to Site,Water/Sewer
Exterior Features Building Sign,Delivery Door(s),Display Window,Pole Sign
Zoning B1-1
Year Built 1925
Property SubType Retail
Current Use Bar/Tavern/Lounge,Food Service,Restaurant
Business Type Bar/Tavern/Lounge,Restaurant
Accessibility Accessible Bathroom,Accessible Doors
County Jackson
Property Type Commercial Sale
Subdivision Name Overlook
Status Active
Directions I-435 to I-70 West,I-70 to Van Brunt Blvd,right on Van Brunt,right on 24th St to property
City Kansas City
MLS Area 202 - Kansas City Area (So. of River)
Lot Size Square Feet 8968
Street Name 24th
Listing Terms Cash,Conventional,Lease Purchase,Owner May Carry
Public Remarks Discover an unparalleled investment opportunity at this fully-fenced,thriving strip mall. Not just a place for business,but a commercial hub ready to cater to a wide array of entrepreneurial ventures
Standard Status Active
In Flood Plain No
HMS_MaintenanceProvidedYN No

Interior Features

Total Stories 1
Street Suffix Street

Exterior Features

Parking Features On Street,Parking Lot
Lot Size Area 8968
Road Surface Type Concrete
Lot Size Units Square Feet
Road Frontage Type City Street
Road Responsibility Public Maintenance
Location Features Business District,Strip Center

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 64127

Price
AVG $440K
$450K
Taxes
AVG $3,500
$1,445
Visits
AVG 121
79
Data Provided by Inside Real Estate®
Year Built
AVG 1935
1925

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