Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    315 6Th St Saint Joseph, MO 64501

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Former YMCA, Huge Potential, 28,938 SF

    Property Features for 315 6Th St

    General Information

    Property type
    Specialty properties
    Lot Size
    61,420 SF

    Building Details

    Year Built
    1970
    Stories
    2

    We can help!

    Listing Contact
    Adam Stein
    Adam Stein

    Listing Agency: BHHS Stein & Summers Listing Agent: Adam Stein

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    This exceptional 28,938 square foot property, located at 315 S 6th Street in St. Joseph, Missouri, presents a remarkable investment opportunity. Built in 1970, this two-story building sits on a 1.41-acre lot and offers immense versatility. Previously operated as a YMCA, the structure's expansive footprint allows for a wide range of adaptive reuse possibilities. Imagine transforming this space into a modern fitness center, a thriving commercial hub, or a unique mixed-use development. The possibilities are truly endless, catering to diverse business needs, from retail and office spaces to storage facilities. The property's prime downtown location provides excellent visibility and accessibility, ensuring high traffic and potential for strong returns. Lease rates are projected to range from $3 to $6 per square foot, offering significant income potential for the astute investor. The substantial size and central location make this a rare find in the St. Joseph market. This is a chance to acquire a significant piece of downtown real estate with the potential for substantial future growth and profitability. The asking price is $899,000.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Saint Joseph
    County
    Buchanan
    State
    Missouri
    Longitude
    -94.8522919
    Latitude
    39.7645953

    Nearby Similar for Sale

    • New
      $395,000
      0.16 Acres

      Updated Commercial Property For Sale

      Updated commercial property with major system improvements and off-street parking.
      2702 Ashland Ave, St Joseph, MO 64506
      View Details
    • $519,000
      14,230 SF

      Industrial Building with Office Space

      Well-maintained industrial building with office space in St Joseph.
      2302 Highly St, St Joseph, MO 64506
      View Details
    • $975,000
      14,400 SF

      Industrial Property with Office Space

      M-2 zoned industrial property with warehouse, office, and mezzanine.
      5214 Lake Ave, St Joseph, MO 64504
      View Details
    • $2,750,000
      2.51 Acres

      Medical Office Building For Sale

      Medical office building on 2.51 acres with expansion potential.
      3904 Beck Rd, St Joseph, MO 64506
      View Details
    • New
      $1,375,000
      32,000 SF

      Warehouse and Retail Space Available

      32,000 SF warehouse plus 15,000 SF retail space.
      3414 S 22Nd St, St Joseph, MO 64503
      View Details
    • $240,000
      0.22 Acres

      Turnkey Automotive Repair Shop Opportunity

      Fully operational automotive repair shop for sale in St Joseph.
      5508 Pryor Ave, St Joseph, MO 64504
      View Details
    • New
      Contact for pricing
      0.05 Acres

      St Joseph Commercial Opportunity

      Commercial space ideal for retail, office, or business start-up.
      126 N 8Th St, St Joseph, MO 64501
      View Details
    • $399,000
      0.70 Acres

      Veterinary Clinic on Belt Highway

      2496 SF veterinary clinic on a large 0.7-acre lot.
      3111 N Belt Hwy, St Joseph, MO 64506
      View Details
    • $825,000
      0.87 Acres

      Office Building with Garages

      Office building with training areas, conference room, and multiple garages.
      401 N 12Th St, St Joseph, MO 64501
      View Details
    • $159,950
      1,248 SF

      Move-in Ready Office Space

      Well-maintained office space with functional layout and ample parking.
      6303 King Hill Ave, St Joseph, MO 64504
      View Details
    • $129,000
      4,000 SF

      Industrial Building on Corner Lot

      4,000 SF industrial building with drive-in door for sale.
      2025 Saint Joseph Ave, St Joseph, MO 64505
      View Details
    • $795,000
      1.20 Acres

      Turnkey Auto Facility For Sale

      Fully renovated auto facility with multiple buildings and income potential.
      3709 Pickett Rd, St Joseph, MO 64503
      View Details

    FAQs

    What type of property is this?
    Specialty property - Former YMCA, Huge Potential, 28,938 SF
    Where is this specialty property located?
    The property is located at 315 6Th St Saint Joseph, MO.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: $899,000 asking price.; Special purpose property, formerly a YMCA.; 28,938 square feet.
    (816) 232-2000 Call to check price and availability
    Request Owner's contact information
    315 6Th St Saint Joseph, MO 64501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    315 6Th St
    Saint Joseph, MO 64501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    315 6Th St Saint Joseph, MO 64501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Adam Stein
    Adam Stein
    Real Estate License ID: BR00233131
    (816) 232-2000 (816) 248-6821 (314) 495-5006
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!