Address
3400 Ashland Avenue, St Joseph, MO
Price
$ 1,590,000
Property Attributes
- MLS#2482445
- TypeCommercial
- CountyBUCHANAN
- CitySt Joseph
- Area1132 - Buchanan Co NW-N=Co Line - S=I-36 - E=I-29
- Zip64506
- Style
- Year Built1981
- Taxes$ 16268
- Price$ 1,590,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size1.68999 Acres
Data Source:
Heartland MLS (HMLS)
Property Description
Located on the northside of St. Joseph in Ashland Square, just off of Business I-29 (North Belt Highway). Occupancy 86%. In the last 5 years a new parking lot, roof, and HVACS installed. Lighting upgraded to LED for low maintenance. Most suites have been updated. In the last 2 years, two major tenants occupying 5,920 sq ft have had major updates to units. ATM machine on property with high return. Overall property is currently at a 7% CAP rate, with room to improve up to 9% CAP with current month-to-month leases and 100% occupancy. Avg lease rate is $8.76 well below the average, current lease rate in St. Joseph. Room to increase CAP rate even more! Showings must be scheduled with the listing agent. Some leases are available for $9 per square foot and some are higher - please reach out for more detailed information.
| Price History | |
|---|---|
| 4/10/2024 | Listed $1,590,000 |
General Features
| Utilities | Service - 220v,Water/Sewer |
|---|---|
| Possession | Negotiable |
| Exterior Features | Building Sign |
| Zoning | COM |
| Year Built | 1981 |
| Property SubType | Other |
| Current Use | Other,See Remarks,Business |
| Business Type | Other |
| Accessibility | Accessible Entrance |
| County | Buchanan |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | I-29 N.,Take Exit 50 toward US-169 toward King City/St. Joseph,Turn left onto US-169 S/Rochester Road,Turn left onto I-29BL,Turn right onto Ashland Ave/Lovers Lane,Turn right,Turn right and destinati |
| City | St Joseph |
| MLS Area | 1132 - Buchanan Co NW-N=Co Line;S=I-36;E=I-29;W=Mo River |
| Lot Size Square Feet | 73616.4 |
| Street Name | Ashland |
| Listing Terms | Cash,Conventional |
| Public Remarks | Located on the northside of St. Joseph in Ashland Square,just off of Business I-29 (North Belt Highway). Occupancy 86%. In the last 5 years a new parking lot,roof,and HVACS installed. Lighting upgrad |
| Leasable Area | 21224 |
| Standard Status | Active |
| In Flood Plain | No |
| HMS_MaintenanceProvidedYN | No |
Interior Features
| Total Stories | 2 |
|---|---|
| Street Suffix | Avenue |
Exterior Features
| Parking Features | Parking Lot |
|---|---|
| Lot Size Area | 1.69 |
| Road Surface Type | Asphalt |
| Lot Size Units | Acres |
| Road Frontage Type | Other |
| Location Features | Strip Center |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 64506
Price
Taxes
Visits
Year Built
These Properties are provided courtesy of Broker Reciprocity/IDX Lake Of The Ozarks Board of REALTORS® and Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. This information is copyrighted by The Lake Of The Ozarks Board of REALTORS® and The Bagnell Dam Association of REALTORS® MLS, Inc. Multiple Listing Service. Information is being provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties
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Last Updated: May 16, 2024 5:03 AM UTC
