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2605 St. Joseph Ave Saint Joseph, MO 64505

OFF-MARKET Lifestyle centers Google Maps
7,200 SF 0.4 ac lot Built 1960
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This exceptional 7,200 square foot commercial property, located at 2605 St. Joseph Avenue in Saint Joseph, Missouri, presents a unique investment opportunity. The building, constructed in 1960, sits on a 0.4-acre lot and boasts a flexible layout suitable for retail, office, or industrial uses. Currently vacant, this space offers significant potential for a variety of businesses. The main floor comprises 7,000 square feet, complemented by a 200 square foot mezzanine. Key features include large plate glass windows, high ceilings, and ample display space, ideal for showcasing products or services. The property's prime corner location at the intersection of St. Joseph Avenue and Fifth Avenue ensures high visibility and accessibility. The building is not situated in a floodway or flood zone, providing peace of mind. Furthermore, there's an option to purchase adjacent property, expanding future development possibilities. Priced at $350,000, with a price per square foot of $48.61, this property represents a compelling value in the Saint Joseph market. This owner/user opportunity is ready for immediate occupancy.

Property profile

Verified
Property type Lifestyle centers
Year built 1960
Total area 7,200 SF
Lot 0.4 ac (17,424 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Party Supply Store (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store
  • Hat Shop
  • (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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