315 6Th St, Saint Joseph, MO 64501
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.
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.