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501 Francis St
Saint Joseph, MO 64501
Donnell Court · Office Property For Sale
EXECUTIVE SUMMARY
Historic office building for sale. Fully leased. Leases available for review with an NDA. Well located at 5th and Francis, downtown, very near the courthouse and law enforcement center. Retail on the lower level, offices on the second floor. Parking available on the street, or in the city parking garage just west of 5th St.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
15,000 SF
Building Class
C
Year Built
1902
Price
$1,250,000
Price Per SF
$83.33
Cap Rate
6.58%
NOI
$82,294
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,500 SF
Building FAR
1.66
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
P - planned downtown zoning
Parking
18 Spaces (1.2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 06-3.0-08-003-001-052.000 | Improvements Assessment | $63,560 |
| Land Assessment | $4,800 | Total Assessment | $68,360 |
PROPERTY TAXES
Parcel Number
06-3.0-08-003-001-052.000
Land Assessment
$4,800
Improvements Assessment
$63,560
Total Assessment
$68,360
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