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Mixed-Use Property with Flex Space
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5109 Lake Avenue, St Joseph, MO 64504

Upper level includes two residential units, while the lower level offers flexible commercial space with potential parking expansion.

Property SizeContact for details
Days on Market140

Property Features for 5109 Lake Avenue

General Information

Standard status Active
Property subtype Business for Sale
Zoning 243

Additional Details

Multifamily Units 2
Listing Agency: Realty ONE Group Cornerstone
Listed By: Elishia Carrillo
Source: Crexi
Added: Mar 26 Changed: Aug 8 Last Checked: Aug 11 at 12:26PM

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 Realty ONE Group Cornerstone

Investment Insights

Based on property information with market context.

This mixed-use property combines residential income potential with flexible commercial space. The upper level features two residential units, suitable for traditional tenants or for an owner-occupant. The lower level provides a versatile layout that may accommodate retail, office, or service-based use, subject to zoning and buyer verification.

The property is positioned with access to major St. Joseph corridors and the surrounding Northland KC markets. A grassy area to the north may offer potential for additional parking, depending on the buyer’s plans and applicable requirements.

Overall, the building offers a live-and-work configuration or a split-use setup, with residential space upstairs and adaptable commercial space below.

Key Highlights

  • Upper level has two residential units with rental potential for traditional tenants or an owner‑occupant setup
  • Lower level provides flexible commercial space with potential for retail, office, or service‑based use (subject to zoning and buyer verification)
  • Grassy area to the north may offer potential for additional parking

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

98
Businesses Nearby

Demographics for 64504, MO

10,033
Population
4,431
Households
2.3
Avg Household Size
41
Median Age
13%
College-Educated
83%
High-School Grad
47.0 sq mi
ZIP Area
213
Density / Sq Mi
$55,300
Median Household Income
$36,397
Median Earnings
$918
Median Rent
$115,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Upper level includes two residential units, while the lower level offers flexible commercial space with potential parking expansion.
Where is this duplex located?
The property is located at 5109 Lake Avenue St Joseph, MO.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Upper level has two residential units with rental potential for traditional tenants or an owner‑occupant setup; Lower level provides flexible commercial space with potential for retail, office, or service‑based use (subject to zoning and buyer verification); Grassy area to the north may offer potential for additional parking
(816) 646-5140 Call to check price and availability
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