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107 S 6th St

33,440 SF 100% Leased Retail Building Saint Joseph, MO 64501 £2,282,441 (£68/SF)

Executive Summary

Great investment property or 1031 Exchange Replacement property in the heart of Downtown revitalization. This historic building was completely restored into a mixed use - main floor event space (The Metropolitan) and 12 market rate lofts (4 per floor on the 2nd, 3rd & 4th floor). There are 3 one bedroom, one bath units, 6 two bedroom, 1.5 bath plus bonus room, office, and 3 two bedroom, 1.5 bath 6th St. view units. Rents range $995/mo-$1,100 plus tenant pays electric. One furnished unit $1,750/mo with electric included. Water & trash included in the rent. Each loft has stainless steel appliances (stove, refrigerator, dishwasher & microwave) & high ceilings. Engineered wood floors. Each floor has coin operated washer & dryer. The private lot next to the building comes with 107 S. 6th & provides one reserved parking space per loft. There is also a free City parking lot across the street as well as on street parking. The building has a private key pass passenger elevator for tenants as well as a freight elevator in the back as well as convenient alley access for moving. Full, dry basement for storage & each loft has a 8x10 storage cage available. Large sun deck off of the 3rd floor provides residents with outdoor space. Surrounded by restaurants, retail shops, coffee, bars, Missouri Theater 2 blocks away, Coleman Hawkins Park a block away, government buildings & professional office space. There is also an on site office for the building owner.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
33,440 SF
Building Class
C
Year Built
1892
Price
£2,282,441
Price Per SF
£68
Percent Leased
100%
Tenancy
Multiple
Number of Floors
4
Building FAR
3.84
Land Acres
0.20 AC
Opportunity Zone
Yes
Zoning
planned - Planned zoning allow for mixed use
Walk Score ®
Very Walkable (79)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-3.0-08-004-002-083.000
Land Assessment
£4,015
Improvements Assessment
£186,839
Total Assessment
£190,854
  • Listing ID: 25930313

  • Date on Market: 14/06/2022

  • Last Updated:

  • Address: 107 S 6th St, Saint Joseph, MO 64501

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