510 4th St Saint Joseph, MO 64501-1740
This 2-story, 2,944 sq ft office building in downtown St. Joseph, MO, presents a unique investment opportunity. Located just two blocks from the courthouse, this property boasts a recent interior refresh, including waterproof plank flooring and neutral paint. The spacious layout features four large offices (two on each floor, ranging from 15'x15' to 18'x15'8"), a reception area on each floor, and an additional smaller room per floor ideal for storage or waiting areas. The main floor includes a small kitchen and half bath, while the second floor offers a full bath with a shower, potentially allowing for a live/work arrangement. Separate heating and cooling units provide climate control on each floor. A charming wood deck enhances the outdoor appeal. Situated on a 6,970 sq ft lot, this 1900-built property offers versatility. Possible uses include a main floor office with upstairs living quarters, separate businesses on each level, or even conversion to a large residential home (with necessary zoning adjustments). The property is being sold as-is. The seller will consider a short-term lease purchase option. This is a prime opportunity to capitalize on St. Joseph's downtown revitalization efforts.
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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.