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Listed by Laura WYETH • BHHS Stein & Summers
$2,899,000
Est. payment /mo
7,200 Sqft Lot
Active
107 S 6th ST St Joseph, MO 64501
UPDATED:
03/18/2024 02:56 PM
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2387492
Originating Board hmls
Year Built 1892
Annual Tax Amount $17,497
Lot Size 7,200 Sqft
Acres 0.16528925
Property Description
Great investment property or 1031 Exchange Replacement property in the heart of Downtown revitalization. This historic building was completely restored into a mixed use - main floor event space (The Metropolitan) and 12 market rate lofts (4 per floor on the 2nd, 3rd & 4th floor). There are 3 one bedroom, one bath units, 6 two bedroom, 1.5 bath plus bonus room, office, and 3 two bedroom, 1.5 bath 6th St. view units. Rents range $995/mo-$1,100 plus tenant pays electric. One furnished unit $1,750/mo with electric included. Water & trash included in the rent. Each loft has stainless steel appliances (stove, refrigerator, dishwasher & microwave) & high ceilings. Engineered wood floors. Each floor has coin operated washer & dryer. The private lot next to the building comes with 107 S. 6th & provides one reserved parking space per loft. There is also a free City parking lot across the street as well as on street parking. The building has a private key pass passenger elevator for tenants as well as a freight elevator in the back as well as convenient alley access for moving. Full, dry basement for storage & each loft has a 8x10 storage cage available. Large sun deck off of the 3rd floor provides residents with outdoor space. Surrounded by restaurants, retail shops, coffee, bars, Missouri Theater 2 blocks away, Coleman Hawkins Park a block away, government buildings & professional office space.
There is also an on site office for the building owner.
There is also an on site office for the building owner.
Location
State MO
County Buchanan
Zoning C2/P1
Interior
Fireplace N
Exterior
Utilities Available Service - 220v, Electric to Site, Gas to Site, Water/Sewer
Building
Story 4
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional