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    OFF-MARKET
    Commercial real estate

    315 6Th St, Saint Joseph, MO 64501

    1.41 ac lot Built 1970
    Property ID
    US48-2456999
    Property summary
    AI-generated overview

    This exceptional 28,938 square foot property, located at 315 S 6th Street in St. Joseph, Missouri, presents a remarkable investment opportunity. Built in 1970, this two-story building sits on a 1.41-acre lot and offers immense versatility. Previously operated as a YMCA, the structure's expansive footprint allows for a wide range of adaptive reuse possibilities. Imagine transforming this space into a modern fitness center, a thriving commercial hub, or a unique mixed-use development. The possibilities are truly endless, catering to diverse business needs, from retail and office spaces to storage facilities. The property's prime downtown location provides excellent visibility and accessibility, ensuring high traffic and potential for strong returns. Lease rates are projected to range from $3 to $6 per square foot, offering significant income potential for the astute investor. The substantial size and central location make this a rare find in the St. Joseph market. This is a chance to acquire a significant piece of downtown real estate with the potential for substantial future growth and profitability. The asking price is $899,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1970
    Lot 1.41 ac (61,420 SF)
    UPID US48-2456999
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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