4960 State Ave - Freestanding FOR SALE


Kansas City, KS 66102- Coronado
$1,600,000 USD
913-251-0087
4960 State Ave, Kansas City, KS for Sale
$1,600,000 USD
Freestanding - FOR SALE
1/17
null | Request Cap Rate

NEW


4960 State Ave
Kansas City, KS 66102
Coronado


HIGHLIGHTS

  • Located on the high-traffic State Avenue corridor with excellent visibility and frontage, ensuring maximum exposure for any business.
  • Turnkey restaurant space with modern, high-quality kitchen equipment, including two walk-in fridges, a walk-in freezer, and a beer cooler.
  • 64 parking spots and a spacious 5,092 SF area, plus the flexible back space for various business uses.

OVERVIEW

Presenting an exceptional investment or owner-user opportunity at 4960 State Avenue, a prime location in Kansas City, KS. This versatile property offers 6,292 SF of adaptable space, situated on a generous 1.12-acre lot, boasting unparalleled frontage and visibility along the high-traffic State Avenue corridor. With an impressive 250-person capacity and ample 64 parking spots, this site is poised to accommodate a wide variety of business uses, from restaurants and retail to office spaces and more. The main building, currently operating as a fully functional restaurant, spans an expansive 5,092 SF and is equipped with a modern, turnkey kitchen. Recent upgrades include two walk-in refrigerators, a walk-in freezer, and a 2-door upright cooler, all less than two years old. Notable upgrades also include a new grease trap, sprinkler system, and a high-efficiency air conditioning system. The roof is just five years old, and the pavement has been resurfaced within the past three years. Additionally, the double shatterproof windows provide added durability and security. The property is located in a highly desirable retail corridor, surrounded by numerous established businesses and a community with strong demand. Whether you plan to continue its use as a restaurant or repurpose the space for retail or office use, the adaptable layout provides limitless potential. The building at the rear offers additional flexible space that could be converted into storage, office suites, or even a unique event venue. With a 2 AM liquor license already in place, the property presents an excellent opportunity for hospitality-driven businesses or establishments that could benefit from late-night service. This is a rare chance to secure a premium commercial real estate asset in a growing market, offering high visibility, excellent access, and future growth opportunities. Schedule a tour today to explore how this prime location can be the next step for your business.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$271 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

State Avenue Commercial Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

CROSS STREETS

N 50th St

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

KC1

APN/PARCEL ID

047578

ASK ABOUT THIS PROPERTY

Helen MolinaRealty of AmericaMore Info
913-251-0087

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Helen MolinaRealty of AmericaMore Info
913-251-0087

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.