107 S 6th Street, St Joseph, MO 64501
Historic building with event space and market-rate lofts.
- Added:
- Jun 13, 2022
- Days on Market:
- 1461
- Last Refresh:
- May 19 at 11:49 pm
Property Features for 107 S 6th Street
General Information
- Standard status
- Active
- Size
- 23,320 SF
- Lot size
- 0.17 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1892
Listing agent Laura WYETH License #2001033801 (816) 387-6899
Listing office BHHS Stein & Summers (816) 387-6899
Listing date Jun 13, 2022
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of BHHS Stein & Summers
HighLights
- Fully restored historic building in the heart of Downtown revitalization, offering a unique mixed‑use property.
- Strong income potential with rents between $995-$1,750 per month, plus tenant‑paid electric.
- Includes a private lot providing one reserved parking space per loft, supplemented by a free City parking lot and on‑street parking.
- Lofts feature stainless steel appliances, engineered wood floors, and high ceilings.
- Convenient amenities include a private key pass passenger elevator, a freight elevator, alley access, coin‑operated laundry on each floor, and basement storage with individual 8x10 storage cages.
- Prime location surrounded by restaurants, retail shops, coffee, bars, the Missouri Theater, Coleman Hawkins Park, government buildings, and professional office space.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $327.4k | $14.04 |
| − Vacancy | −$13.1k | −$0.56 |
| EGI | $314.3k | $13.48 |
| − OpEx | −$94.3k | −$4.04 |
| NOI | $220.0k | $9.43 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- St Joseph
- County
- Buchanan
- State
- Missouri
- Longitude
- -94.8527
- Latitude
- 39.7663