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501 N Belt Hwy 2,502 SF Retail Building Saint Joseph, MO 64506 $2,200,000 ($879.30/SF)
Executive Summary
Outstanding investment opportunity on St. Joseph’s premier commercial corridor. This 2,502 SF freestanding retail building offers exceptional Belt Highway frontage and long-term stability with Subway as the current tenant. The property sits on approximately 1.07 acres, providing both income security and future development upside. Because the existing Subway lease requires only 16 parking spaces, a substantial portion of the lot can be parceled off to create another retail building pad and generate additional revenue. Zoned C-3 and surrounded by strong national retailers, this site offers a rare combination of dependable cash flow and long-term value creation.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,502 SF
Building Class
C
Year Built
2011
Price
$2,200,000
Price Per SF
$879.30
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.07 AC
Zoning
C-3
Fairly walkable
50/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-1.0-11-002-000-020.000 | Improvements Assessment | $126,150 |
| Land Assessment | $75,270 | Total Assessment | $201,420 |
Property Taxes
Parcel Number
06-1.0-11-002-000-020.000
Land Assessment
$75,270
Improvements Assessment
$126,150
Total Assessment
$201,420
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501 N Belt Hwy
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