3132 Saint Joseph Ave Saint Joseph, MO 64505-1758
This 1880-square-foot retail property, located at 3132 Saint Joseph Avenue in St. Joseph, Missouri (zip code 64505), presents a fantastic opportunity for an investor or entrepreneur. Built in 1940, this single-story building sits on a spacious 14,375-square-foot lot and is ideally suited for a daycare center, with many features already in place. The interior boasts newly painted walls, some new flooring, two restrooms, an office, ample storage space, and a functional kitchen equipped with a range and refrigerator. The property's layout is nearly completely set up for daycare operations, minimizing the need for extensive renovations. Exterior features include a fenced-in yard, providing a safe play area for children, and convenient off-street parking with two entrances. The property's location offers excellent accessibility, and its proximity to an ice cream shop adds a unique neighborhood appeal. This turnkey operation is priced at $135,000 and represents a compelling investment in a thriving community. The property's address is easily accessible via Saint Joseph Avenue. The county is Buchanan County. The property is in excellent condition and ready for immediate occupancy.
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
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Property description
Physical attributes from public recordsZoning & alternative use
CITY · Saint Joseph, MOSaint Joseph. Always verify with local authorities before improvements.
Costs & Benchmarks
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Risks
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