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Property profile & analytics
FOR SALE
Turn key restaurants

224 N 4Th St St Joseph, MO 64501

8,400 SF Built 1901
Entity Owned 18-yr Hold Free & Clear
Property ID
US48-2077686
Property summary
AI-generated overview

This exceptional commercial property, located at 224 N 4th Street in the heart of St. Joseph, Missouri, presents a unique investment opportunity. The property is zoned CI and boasts a substantial lot size of 8,498 square feet. The building itself is a striking five-story structure, currently configured as a single-tenant restaurant space encompassing approximately 7,000 square feet. Its historic character is complemented by custom-crafted bar and restaurant equipment already in place, representing a significant value-add for a prospective buyer. The property's prime downtown location offers excellent visibility and accessibility, making it an ideal setting for a thriving culinary establishment. The property's single-tenant occupancy simplifies management and provides a stable income stream. The parcel number is 06-3.0-08-003-001-048.000. This is a rare chance to acquire a well-established restaurant space in a vibrant and historic Missouri city. The property's size and location make it suitable for a variety of restaurant concepts or potential redevelopment opportunities. Serious inquiries are encouraged.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1901
Total area 8,400 SF
Zoning code CITY
APN 06-3.0-08-003-001-048.000
UPID US48-2077686
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Brittain Richardson Lofts Apartment Building
  • Boudreaux's Louisiana Seafood & Steaks Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Full Circle Holdings LLC Co · 18 yrs held
Full Circle Holdings LLC Co
since 2008
2 recorded transactions
2008
Price N/A
2005
Price N/A
Zoning & alternative use
CITY · Saint Joseph, MO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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