3400 Ashland Avenue Saint Joseph, MO ^$ 1,590,000

3400 Ashland Avenue

^$ 1,590,000

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3400 Ashland Avenue

Saint Joseph, MO, 64506

^$ 1,590,000

Studio Baths0.0

Monthly Estimate*

^$ 11,107

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Studio

Commercial Property for sale in Saint Joseph, MO

for $1,590,000. This building was built in 1981 on a lot size of 1.68999.

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.

Commercial Active

Price

^$ 1,590,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 16,268

Style

Lot Size

1.68999

Year Built

1981

Town/City

Saint Joseph

County/Region

Buchanan

MLS | Web ID

2482445

Features

General

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 N

Exterior

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

Number of Docks 0

Number of Drive In Doors 0

Interior

Total Stories 2

Street Suffix Avenue

* Excluded Features

List By

Real Broker, Llc-Mo

Broker

Affordability Calculator

$12,462

Per Month

Monthly Principal & Interest: $11,107
Monthly Property Taxes: $1,356
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Saint Joseph, MO

Average List Price ^$791,640

Percent of Sale Price 50%

About Saint Joseph, MO

75,488 Population

1% Since 2002

^$44,477 Median Income

36.95 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

652738 Elementary School

652859 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/10/2024	$1,590,000		Listed Price

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3400 Ashland Avenue, Saint Joseph, MO, 64506 is a Commercial Property for sale at $1,590,000 with a lot size of 1.68999. 3400 Ashland Avenue is a studio with 0.0 baths and was built in 1981. The property's zip code is 64506 which is in Saint Joseph, MO

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

"The information displayed on this page is confidential, proprietary, and copyrighted information of Heartland Multiple Listing Service, Inc. ("Heartland MLS"). Copyright 2024, Heartland Multiple Listing Service, Inc. Heartland MLS and Weichert REALTORS, do not make any warranty or representation concerning the timeliness or accuracy of the information displayed herein. In consideration for the receipt of the information on this page, the recipient agrees to use the information solely for the private non-commercial purpose of identifying a property in which the recipient has a good faith interest in acquiring."

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/17/2024.

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3400 Ashland Avenue

Commercial Property for sale in Saint Joseph, MO

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