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    1317 Frederick Ave Saint Joseph, MO 64501

    For Sale
    $219,000

    Prime location, large lot, endless potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property, located at 1317 Frederick Avenue in St. Joseph, Missouri, presents a unique investment opportunity. The 48,352 square foot lot, situated in the heart of the Frederick Corridor, offers significant potential for a variety of businesses. Previously occupied by a Sonic restaurant, the single-story, 1999-built structure provides a solid foundation for redevelopment or repurposing. The property's expansive lot size allows for significant expansion while maintaining ample parking. Its prime location within walking distance of established restaurants, bars, shops, Coleman Hawkins Park, and Civic Center Park, places it at the center of St. Joseph's vibrant downtown revitalization efforts. The area is known for its active nightlife, weekend festivals, annual parades, and a thriving community atmosphere. This is a rare chance to capitalize on the ongoing growth and development of this historic downtown area. The asking price is $219,000, reflecting the seller's motivation to secure a quick sale. Don't miss this opportunity to become a part of St. Joseph's exciting future. The zip code is 64501.

    Property Features for 1317 Frederick Ave

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1999
    Stories
    1

    HighLights

    • $219,000 asking price for this retail property.
    • 1‑story, 48,352 sq ft lot, built in 1999.
    • Located at 1317 Frederick Avenue, St. Joseph, MO 64501, in the heart of the Frederick Corridor.
    • Former Sonic restaurant location with potential for expansion and ample parking on a 1+ acre lot.
    • Prime location near downtown restaurants, bars, shopping, and parks; ideal for participation in downtown revitalization efforts.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.8433683
    Latitude
    39.7716845

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    FAQs

    What type of property is this?
    Restaurant - Prime location, large lot, endless potential.
    Where is this restaurant located?
    The property is located at 1317 Frederick Ave Saint Joseph, MO.
    What is the asking price?
    The asking price for this property is $219,000.
    What are key features of this property?
    This property features: $219,000 asking price for this retail property.; 1-story, 48,352 sq ft lot, built in 1999.; Located at 1317 Frederick Avenue, St. Joseph, MO 64501, in the heart of the Frederick Corridor.
    Request Owner's contact information
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    Saint Joseph, MO 64501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1317 Frederick Ave Saint Joseph, MO 64501
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