1515 St Joseph Ave Saint Joseph, MO 64505
This exceptional 8,500-square-foot single-tenant office building is situated on a 1.06-acre lot at 1515 St. Joseph Avenue, conveniently located near Middleton Street. The property boasts a single-story design, zoned M-2, and features a spacious layout previously utilized as medical offices and a pharmacy. The building's versatile floor plan allows for flexible configurations, with the potential to be divided into three separate 2,833-square-foot spaces, each leasable at $12 per square foot plus expenses. Alternatively, the entire 8,500-square-foot space can be leased for $10 per square foot plus expenses, presenting a significant opportunity for economies of scale. The property's unique features include the possibility of incorporating a drive-thru on the south side of the building, making it particularly well-suited for food service businesses. The property's APN is 06-3.0-08-002-002-002.000. This presents a rare opportunity to acquire a substantial, adaptable office space in a desirable location with significant potential for various commercial uses. The building's size and zoning make it an attractive option for a variety of businesses seeking a prominent presence in a high-traffic area. The potential for a drive-thru adds further appeal to businesses requiring convenient customer access.
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.