1317 Frederick Ave Saint Joseph, MO 64501-2005
This exceptional commercial property, located at 1317 Frederick Avenue in St. Joseph, Missouri, presents a unique investment opportunity. The 48,352 square foot lot, situated in the heart of the Frederick Corridor, offers significant potential for a variety of businesses. Previously occupied by a Sonic restaurant, the single-story, 1999-built structure provides a solid foundation for redevelopment or repurposing. The property's expansive lot size allows for significant expansion while maintaining ample parking. Its prime location within walking distance of established restaurants, bars, shops, Coleman Hawkins Park, and Civic Center Park, places it at the center of St. Joseph's vibrant downtown revitalization efforts. The area is known for its active nightlife, weekend festivals, annual parades, and a thriving community atmosphere. This is a rare chance to capitalize on the ongoing growth and development of this historic downtown area. The asking price is $219,000, reflecting the seller's motivation to secure a quick sale. Don't miss this opportunity to become a part of St. Joseph's exciting future. The zip code is 64501.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
CITY · Saint Joseph, MOSaint Joseph. Always verify with local authorities before improvements.
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.