Seller Financing - Lease to Own
Address
5300-04 E 24 Street, Kansas City, MO
Price
$ 825,000
Property Attributes
- MLS#2476486
- TypeBusiness Op
- CountyJACKSON
- CityKansas City
- Area202 - Kansas City Area
- NeighborhoodOverlook
- Zip64127
- StyleBusiness Opportunity
- Year Built1938
- Taxes$ 4220
- Price$ 825,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size11,136 SqFt
Data Source:
Heartland MLS (HMLS)
Property Description
Great fantastic deal! This fully renovated inside-and-out strip mall is an unparalleled investment opportunity. A fully equipped laundromat is in building 5300; entrepreneurs will experience efficiency at its best with 12 commercial dryers, 17 commercial washers, plentiful entertainment with 12 TVs, convenient candy machines, a dollar coin changer, & a soap machine. One can manage their services effortlessly with the counter space designated for laundry drop-off and ease of operation for the office staff. But that's not all—5302-5304 features a turnkey dine-in restaurant, upscale lounge, sports bar, & 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. Contributing to a dynamic social space, patrons can enjoy the outdoor seating areas at both the front and rear of the establishment. 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 by the seller and is included in the sale- washers, dryers, kitchen equipment, pool tables, games, and a top-notch DJ setup complete with QSC speakers—all ready to serve the next profitable event & owner. SELLER WILL DO OWNER FINANCING WITH A 350K DOWN PAYMENT OR A TRADE OF SINGLE FAMILY HOMES VALUED AT 350K. A CUSTOM FOOD TRUCK (worth 100k) & SMOKER ARE INCLUDED WITH THE SALE & THE SELLER WILL TRANSFER OWNERSHIP OF 2 SINGLE-FAMIY HOMES LOCATED AT 2333 VANBRUNT & 2340 HARDESTY. These homes are situated directly behind the strip mall. PROPERTIES NEED 60K IN REPAIRS & THE ARV IS 150K. With a rental income of 10k-don’t miss out—invest in this turnkey opportunity today!
| Price History | |
|---|---|
| 3/8/2024 | Listed $825,000 |
General Features
| Interior Features | Public Restroom,Refrigerator Facility |
|---|---|
| Utilities | Service - 220v,Electric to Site,Gas to Site,Telephone On-Site,Water/Sewer |
| Possession | Funding |
| Exterior Features | Building Sign,Pole Sign |
| Zoning | B1-1 |
| Year Built | 1938 |
| Property SubType | Business Opportunity |
| Current Use | Bar/Tavern/Lounge,Food Service,Laundry |
| Business Type | Bar/Tavern/Lounge,Fast Food,Laundromat,Recreation,Restaurant |
| Accessibility | Accessible Bathroom,Accessible Kitchen,Accessible Washer/Dryer |
| County | Jackson |
| Property Type | Business Opportunity |
| 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 | 11136 |
| Street Name | 24 |
| Listing Terms | Cash,Conventional,Lease Option,Option To Buy,Owner May Carry |
| Public Remarks | Great fantastic deal! This fully renovated inside-and-out strip mall is an unparalleled investment opportunity. A fully equipped laundromat is in building 5300; entrepreneurs will experience efficien |
| Leasable Area | 5348 |
| Lease Type | Triple Net Lease |
| Standard Status | Active |
| In Flood Plain | Unknown |
| HMS_MaintenanceProvidedYN | No |
Interior Features
| Total Stories | 1 |
|---|---|
| Street Suffix | Street |
Exterior Features
| Parking Features | Parking Lot |
|---|---|
| Lot Size Area | 11136 |
| Road Surface Type | Paved |
| Lot Size Units | Square Feet |
| Road Frontage Type | City Street |
| Road Responsibility | Public Maintenance |
| Location Features | City Location,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 Business Op Average in 64127
Price
Taxes
Visits
Year Built
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Last Updated: May 15, 2024 11:19 AM UTC
