2005 Saint Joseph Ave Ave Saint Joseph, MO 64505
This exceptional commercial property at 2005 Saint Joseph Avenue in St. Joseph, Missouri, presents a unique investment opportunity. The 0.23-acre lot features three buildings, offering significant potential for diverse uses. The main structure, a single-story building constructed in 1960, previously housed a thriving hair salon, suggesting strong potential for similar businesses or adaptable retail spaces. A substantial rear garage provides ample storage or workshop space, while a smaller, additional building offers further flexibility. The property also includes a dedicated parking lot, enhancing convenience for both tenants and customers. The asking price is $99,900. This property's combination of existing structures, ample space, and convenient location in Buchanan County, Missouri (zip code 64505) makes it an attractive investment prospect. The potential for generating rental income from existing tenants further enhances its appeal as a solid, income-producing asset. This is a turnkey opportunity to acquire a well-situated commercial property with immediate income potential and significant upside. The property's location offers easy access to local amenities and transportation routes, making it an ideal choice for entrepreneurs and investors alike. Don't miss this chance to own a piece of St. Joseph's vibrant commercial landscape.
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
Similar Nearby for Lease
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.