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415 Francis St
Saint Joseph, MO 64501
Office Property For Sale


INVESTMENT HIGHLIGHTS
- Prime downtown St. Joseph location with strong visibility
- Immediate income with one existing tenant
- Offered at $2,100,000 with flexible redevelopment options
- 97,000 SF office building plus .87-acre parking garage
- Significant upside through building renovation and parking revenue
EXECUTIVE SUMMARY
Positioned in the heart of downtown St. Joseph, Missouri, 415 Francis Street & 215 N. 5th Street presents a rare opportunity to acquire a substantial office property with an integrated parking solution. Spanning approximately 97,000 square feet on 1.4 acres, this asset includes a dedicated surface-level parking garage on an additional .87-acre lot, ensuring convenience for tenants and visitors alike. The property’s central location places it within walking distance of civic buildings, local businesses, and cultural amenities, making it an ideal candidate for corporate headquarters, multi-tenant office use, or adaptive reuse projects.
Currently featuring one month-to-month tenant, the building offers immediate income with significant upside potential through strategic renovations and modernization. Investors will appreciate the flexibility to reposition the property to meet market demand, whether through office upgrades or mixed-use redevelopment. St. Joseph’s downtown district benefits from strong connectivity to major highways, a growing business community, and proximity to Kansas City, enhancing long-term value prospects.
With a competitive asking price of $2,100,000, this property combines scale, location, and redevelopment potential in a market known for stability and affordability. For visionary investors, 415 Francis Street represents an exceptional platform for growth in a dynamic regional hub.
Currently featuring one month-to-month tenant, the building offers immediate income with significant upside potential through strategic renovations and modernization. Investors will appreciate the flexibility to reposition the property to meet market demand, whether through office upgrades or mixed-use redevelopment. St. Joseph’s downtown district benefits from strong connectivity to major highways, a growing business community, and proximity to Kansas City, enhancing long-term value prospects.
With a competitive asking price of $2,100,000, this property combines scale, location, and redevelopment potential in a market known for stability and affordability. For visionary investors, 415 Francis Street represents an exceptional platform for growth in a dynamic regional hub.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
113,293 SF
Building Class
B
Year Built
1980
Price
$2,100,000
Price Per SF
$18.54
Percent Leased
100%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
16,215 SF
Building FAR
1.86
Lot Size
1.40 AC
Opportunity Zone
Yes
Zoning
Precise Plan - to allow a mix of office, retail, residential
Parking
24 Spaces (3.5 Spaces per 1,000 SF Leased)
AMENITIES
- Banking
- Property Manager on Site
- Signage
PROPERTY TAXES
| Parcel Number | 06-3.0-08-003-001-049.000 | Improvements Assessment | $725,980 |
| Land Assessment | $12,800 | Total Assessment | $738,780 |
PROPERTY TAXES
Parcel Number
06-3.0-08-003-001-049.000
Land Assessment
$12,800
Improvements Assessment
$725,980
Total Assessment
$738,780
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