For Sale
$345,000

501 Belt Hwy Saint Joseph, MO 64506

Multi-tenant retail, high traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional investment opportunity presents a two-story, multi-tenant shopping center ideally situated at 501 S Belt Hwy in St. Joseph, Missouri, within Buchanan County (zip code 64506). Boasting 6,168 square feet on a 6,168 square foot lot, this C-3 zoned property offers significant potential for growth. Built in 1978, the center currently enjoys an 83.3% occupancy rate across its multiple tenants under a gross lease structure. The remaining lease term on the current tenants is one year. This property presents a compelling opportunity for an investor seeking a well-located retail asset with immediate income generation. The property's location on a main highway ensures high visibility and accessibility for tenants and customers. The potential for expansion exists, given the possibility of packaging this property with adjoining lots or other buildings within the plaza. This is a rare chance to acquire a well-established retail center in a thriving Missouri market. The property's strong existing tenancy and prime location make it an attractive investment for both seasoned and emerging investors. Serious inquiries are encouraged.

Highlights

  • $345,000 asking price for a multi-tenant retail shopping center.
  • 6,168 square feet on a 6,168 square foot lot.
  • 83.3% occupancy with a gross lease structure.
  • Located at 501 S Belt Hwy, St. Joseph, MO 64506.
  • Two-story building, built in 1978, with C-3 zoning.
  • One year remaining lease term.

Property Details for 501 Belt Hwy

Property type
Lifestyle centers, Power centers
Square Feet
6,168 SF
Year Built
1978
Stories
2

Location Insight

City
Saint Joseph
County
Buchanan
State
Missouri
Latitude
39.7631535
Longitude
-94.8032689

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 501 Belt Hwy Saint Joseph, MO.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: $345,000 asking price for a multi-tenant retail shopping center.; 6,168 square feet on a 6,168 square foot lot.; 83.3% occupancy with a gross lease structure.
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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501 Belt Hwy
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