1515 St Joseph Ave Saint Joseph, MO 64505
This exceptional 8,500 square foot commercial property, located at 1515 St. Joseph Avenue in St. Joseph, Missouri, presents a unique investment opportunity. Situated on a 2.28-acre lot, this single-story building, constructed in 1975, offers versatile space ideal for a variety of uses. Currently entirely vacant, the property is zoned for retail and office use, and its previous tenant was a medical office. The space is divisible into three separate units, offering flexibility for multiple tenants. Leasing the entire 8,500 square feet commands a rate of $10 per square foot, plus operating expenses. Alternatively, individual units can be leased at a rate of $12 per square foot, plus operating expenses. The property's prime location on St. Joseph Avenue at Middleton Street provides excellent visibility and accessibility. This is a rare opportunity to acquire a substantial commercial space in a desirable location within Buchanan County, with the potential for significant return on investment. The property's size and layout offer considerable adaptability to suit a range of business needs, making it an attractive prospect for both established businesses and new ventures. The address is 1515 St. Joseph Ave, St. Joseph, MO 64505. Contact us today to schedule a viewing and explore the possibilities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.