603 N. Main Street, Maryville, MO 64468


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3400 ashland avenue St Joseph, MO 64506

3400 ashland avenue
St Joseph, MO 64506


Year Built


Commercial Sale
Property Type

Strip Center


Located on the northside of St. Joseph in Ashland Square, just off of Business I-29 (North Belt Highway). Occupancy 86%. In the last 5 years a new parking lot, roof, and HVACS installed. Lighting upgraded to LED for low maintenance. Most suites have been updated. In the last 2 years, two major tenants occupying 5,920 sq ft have had major updates to units. ATM machine on property with high return. Overall property is currently at a 7% CAP rate, with room to improve up to 9% CAP with current month-to-month leases and 100% occupancy. Avg lease rate is $8.76 well below the average, current lease rate in St. Joseph. Room to increase CAP rate even more! Showings must be scheduled with the listing agent. Some leases are available for $9 per square foot and some are higher - please reach out for more detailed information.

Listing Office: Real Broker, LLC-MOMLS ID: 2482445

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General Features

County Buchanan

Property Type Other

In City Limits See Remarks

Zoning COM

Location Strip Center

Present Use Other,See Remarks,Business

Occupancy Tenant Occupied,Vacant

Building Features

Stories 2

Year Built 1981

Bedrooms 0

Bathrooms 0

Half-Baths 0

Utilities Service - 220v,Water/Sewer

Property Features

Total Acres 1.69

Exterior Features Building Sign

Lot Size 1.69 Acres

Parking Parking Lot

Access/Transportation Asphalt