For Sale
$478,000

435 Belt Hwy Saint Joseph, MO 64506

Multi-tenant retail, high-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional investment opportunity presents a 9,832 square foot, single-story shopping center located at 435 S Belt Hwy in St. Joseph, Missouri, zip code 64506. Built in 1978, the property sits on a 9,832 square foot lot and is zoned C-3, allowing for a variety of commercial uses. Currently operating as a multi-tenant retail space with 50% occupancy, this property offers significant upside potential. The asking price is $478,000. The existing leases are gross leases with a remaining term of two years. The property's prime location on a main highway ensures high visibility and foot traffic. This presents a unique opportunity for an investor seeking a well-located retail property with potential for expansion. The property is easily accessible and benefits from its established presence within the community. Consider the potential for increased occupancy and rental income. The property's size and zoning provide flexibility for a variety of retail uses. Further expansion opportunities may exist through packaging with an adjoining lot and/or other buildings within the plaza.

Highlights

  • $478,000 asking price for this retail shopping center.
  • 9,832 square feet on a 9,832 square foot lot.
  • Multi-tenant property with 50% occupancy.
  • Gross lease structure with 2 years remaining on current leases.
  • Built in 1978, single-story building.
  • C-3 zoning.

Property Details for 435 Belt Hwy

Property type
Lifestyle centers, Power centers
Square Feet
9,832 SF
Year Built
1978
Stories
1

Location Insight

City
Saint Joseph
County
Buchanan
State
Missouri
Latitude
39.7635533
Longitude
-94.8033964

FAQs

What type of property is this?
Lifestyle center - Multi-tenant retail, high-traffic location.
Where is the lifestyle center located?
The property is located at 435 Belt Hwy Saint Joseph, MO.
What is the asking price?
The asking price for this property is $478,000.
What are key features of this property?
This property features: $478,000 asking price for this retail shopping center.; 9,832 square feet on a 9,832 square foot lot.; Multi-tenant property with 50% occupancy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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435 Belt Hwy
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