4229 Frederick Ave 5,196 SF 100% Leased Retail Building Saint Joseph, MO 64506 $1,800,000 ($346.42/SF)

This property is highly visible and off the North East side of interstate I 29.  It is located at one of the busiest intersections in town and across the street from a new QuikTrip.  It has a very tall and prominent powered signpost, that is grandfathered in. Completely landscaped and ~75 parking spots including handicapped spaces. It sits on 1.51 acres and has 5196 sq ft with 2000 sq ft completely finished space with extensive plumbing present.  Handicapped curb, door, bathrooms, and parking spaces present. Completely refurbished electric, gas, security, fiber, HVACs (3 large rooftop), plumbing in 2014. Grease trap present. Immediately north on Buckingham is a development currently under way.
April 15, 2025 it was announced in the local press that: "City Council have approved a resolution of intent to issue a $60 million bond to develop an Event Center. The entire project would bring 249 new hotel rooms, new fitness centers, lobby bars, restaurants and pools to a 7.7-acre site at the southeast corner of Woodbine Road and Frederick Avenue, which previously was occupied by the former Ramada Inn, Americas Value Inn and Applebee’s. One of the two proposed hotels on the property is an 88,000-square-foot Hilton-brand hotel, which would be named the Robidoux House, paying homage to St. Joseph's history.
Adjacent to it is the Robidoux Event Center, which includes more than 12,000 square feet of event and ballroom space for 600 guests, along with lawn and patio space for outdoor events. "That should be able to handle almost all of your large events," Craig said. "It will also have the largest LED signage of any convention space in the country." The goal is to have the facilities available by next June or July to accommodate visitors for the 2026 World Cup, with Kansas City being one of 16 host cities in North America. The second proposed hotel on the property will be a 94,000-square-foot SpringHill Suites facility operated by Marriott International. The all-suites hotel brand targets business and leisure travelers."
This development on the south west corner of I-29 and Frederick has already broken ground and will make the 4229 Frederick property highly desirable. 4229 was previously a restaurant, then used as a medical office.