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3921 Frederick Ave

48,391 SF Retail Building Saint Joseph, MO 64506 £3,945,000 (£82/SF)

Investment Highlights

  • Situated on 7 acres of prime commercial land in St. Joseph, 3921 Frederick Avenue offers unparalleled accessibility one block from Interstate 29.
  • With seamless functionality, including ample drive-in doors and one dock-high bay, this property ensures efficient operations for various ventures.
  • Known as one of the best small cities to live in, St. Joseph adds value to this property's appeal as a prime space for community development.
  • Boasting over 48,000 SF of premium commercial space, this meticulously renovated building is an ideal location for showcasing products and services.
  • Experiencing approximately 25,000 daily vehicles as the exit provides unmatched exposure and convenience for businesses seeking optimal market reach.
  • Opportunity for investors to reimagine it into another commercial venture, capitalizing on its strategic location and existing infrastructure.

Executive Summary

3921 Frederick Avenue in St. Joseph, previously operating as a Chevrolet dealership, offers a prime location on a corner lot spanning over 7 acres of prime commercial land across two parcels. Initially constructed in 1970 and meticulously renovated in 2012, this impressive building boasts over 48,000 square feet of premium commercial space with 10,502 square feet dedicated to showroom and office areas, while the remainder caters to service and parts needs toward the rear.

The property offers seamless functionality with six (14 feet by 14 feet) and seven (10 feet by 10 feet) drive-in doors and a convenient dock-level door (8 feet by 8 feet). The space is heated and cooled by roof-mounted HVAC units and forced air furnaces. Outside, approximately 240,000 square feet of asphalt paving provides ample parking and maneuvering space. With 450 feet of frontage on Frederick Avenue and 750 feet on N Woodbine Road, visibility and accessibility are unparalleled. Located just a block from Interstate 29, which sees approximately 25,000 vehicles daily at the exit, convenience and exposure are fundamental. Zoning allows for various potential endeavors, including general commercial, powersports (ATVs, PWCs, SxSs, etc.), hospitality, restaurants, corporate offices, and multifamily use.

Beyond its practical advantages, this property offers more than just commercial potential. With its captivating architecture and rich historical roots, St. Joseph is ranked as one of the best small cities in America, making 3921 Frederick Avenue a prime space that caters to the burgeoning local community. Furthermore, seamless access to Downtown Kansas City, a mere 50-minute drive south of St. Joseph, enhances its appeal for savvy investors.

Please note:

The sale of this property is subject to a deed restriction prohibiting automotive sales, maintenance, service, or repair businesses following acquisition. However, within its current zoning designation, the property stands ready to be transformed into another commercial venture, offering a rare opportunity to secure a prestigious piece of real estate in a thriving community.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
48,391 SF
Building Class
C
Year Built
1970
Price
£3,945,000
Price Per SF
£82
Tenancy
Single
Number of Floors
1
Loading Docks
1 Exterior
Building FAR
0.15
Land Acres
7.30 AC
Zoning
CITY - C-3
Frontage
750 ft on North Woodbine Rd

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
5,443
52,363
70,966
88,828
2029 Population
5,229
50,978
69,256
86,694
2024-2029 Projected Population Growth
-3.9%
-2.6%
-2.4%
-2.4%
Median Age
44.1
38.0
38.4
39.0
College Degree + Higher
24%
23%
22%
15%
Daytime Employees
10,047
37,599
46,730
55,917
Total Businesses
963
3,119
3,892
4,580
Average Household Income
$66,865
$73,873
$72,396
$72,797
Median Household Income
$46,875
$49,757
$50,135
$51,796
Total Consumer Spending
$57.3M
$562.4M
$771.3M
$1B
2024 Households
2,281
20,951
28,497
35,588
Average Home Value
$198,045
$190,170
$188,935
$193,022
$ values in USD

Nearby Major Retailers

Bandana's Bar-B-Q
Anytime Fitness
UMB Bank
Cracker Barrel Old Country Store
Le Peep
Perkins
Red Lobster
McAlister's Deli
Starbucks
Cosentino's Price Chopper

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-1.0-02-003-000-003.000
Land Assessment
£111,122
Improvements Assessment
£259,564
Total Assessment
£370,686
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024
  • Listing ID: 31609050

  • Date on Market: 25/04/2024

  • Last Updated:

  • Address: 3921 Frederick Ave, Saint Joseph, MO 64506

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