2605 St. Joseph Ave, Saint Joseph, MO 64505
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.
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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.