107 6Th StSaint Joseph, MO 64501

Property Details for 107 6Th St

Year built

1892

Property size (Sq ft)

23,320 SF

Property type

Specialty properties

Property subtype

Retail properties

Description

This exceptional mixed-use property, located at 107 S 6th St, Saint Joseph, MO 64501, presents a unique investment opportunity. The 23,320 square foot building, constructed in 1892 and boasting four stories, features a vibrant blend of commercial and residential space. The main floor houses "The Metropolitan," a versatile event venue, while the upper three floors comprise twelve market-rate lofts. The residential units are a mix of one and two-bedroom layouts, with several including bonus rooms and desirable street views. Rents range from $995 to $1,750 per month, inclusive of water and trash, with tenants responsible for electricity. Each loft is equipped with stainless steel appliances, engineered wood floors, and access to shared laundry facilities on each floor. Tenants enjoy a private key-pass passenger elevator, a freight elevator, convenient alley access, and a private parking space in the adjacent lot. Additional amenities include a full basement for storage, individual 8x10 storage cages, and a shared sun deck on the third floor. The property is ideally situated in the heart of downtown Saint Joseph's revitalization area, surrounded by restaurants, shops, entertainment venues, and government buildings. The C2/P1 zoning allows for a variety of uses. The property's APN is 06-3.0-08-004-002-083.000. This is an excellent opportunity for investors seeking a strong return in a thriving urban setting. The asking price is $2,899,000.

Location Insight

City

Saint Joseph

County

Buchanan

State

Missouri

Latitude

39.7663

Longitude

-94.8526

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