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15540 State Ave

2,700 SF Retail Building Basehor, KS 66007 £743,328 (£275/SF)

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Investment Highlights

Highway frontage location
Over 19,000 cars drive by daily

Turnkey operation
Profitable restaurant for 28 years

Taxes & Operating Expenses (Actual - 2024)	Annual	Annual Per SF
Taxes	£7,627	£2.82
Operating Expenses	£10,563	£3.91
Total Expenses	£18,190	£6.74

Taxes & Operating Expenses (Actual - 2024)

Taxes
Annual	£7,627
Annual Per SF	£2.82

Operating Expenses
Annual	£10,563
Annual Per SF	£3.91

Total Expenses
Annual	£18,190
Annual Per SF	£6.74

Property Facts

Sale Type

Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

2,700 SF

Building Class

Year Built

1990

Price

£743,328

Price Per SF

£275

Tenancy

Single

Number of Floors

Slab to Slab

11 ft

Building FAR

0.06

Lot Size

1.00 AC

Zoning

CP-2

Parking

60 Spaces (22.22 Spaces per 1,000 SF Leased)

Frontage

273 ft on State Ave

Amenities

Restaurant

About 15540 State Ave , Basehor, KS 66007

ESTABLISHED RESTAURANT WITH 28 YEARS OF SUCCESS, READY FOR NEW OWNERS TO THRIVE! This profitable 3,036 sq ft restaurant has served the community for nearly three decades and offers a turn-key opportunity. With seating for 131 inside and 16 on the outdoor patio, plus over 60 parking spots, this property is built for volume. All existing equipment conveys, making the transition smooth and efficient. Sitting on a spacious 1-acre lot with 273 feet of frontage on busy 24-40 Hwy, this location sees 19,100 vehicles daily. Perfect for anyone looking to carry on the tradition of a beloved family dining spot in an ideal high-visibility location. Don’t miss out on this rare chance!

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PROPERTY TAXES

Parcel Number	181-02-0-00-00-014.02-0	Total Assessment	£61,774 (2023)
Land Assessment	£22,147 (2023)	Annual Taxes	£7,627 (£2.82/sf)
Improvements Assessment	£39,627 (2023)	Tax Year	2024 Payable 2024