2402 Woodbine RdSaint Joseph, MO 64506

For Sale
$1,570,000

High-return office investment, 100% occupied.

Overview

Added:
Dec 11, 2024
Days on market:
92
Exceptional investment opportunity in St. Joseph, Missouri, presents a two-story, 10,000 square foot Class B office building situated on a 1.63-acre lot (APN: 061002002000002002). Currently 100% occupied by a multi-tenant lease with Keller Williams, this net lease property offers a compelling 8.00% cap rate at an asking price of $1,570,000. Built in 1992 and zoned C3, the property features convenient walk-out parking on both sides of the building, addressing 3915 Beck Road and 2402 N. Woodbine Road. The building boasts a modified lease structure and benefits from recent cosmetic repairs. A new inspection report is available upon request. This attractive and desirable property offers a stable income stream and significant potential for long-term growth. Financial details are available to qualified buyers upon execution of a confidentiality agreement.

Highlights

  • 10,000 SF Class B office building on a 1.63-acre lot in St. Joseph, MO (APN: 061002002000002002).
  • 100% occupied by multi-tenant lease (including Keller Williams), offering an 8.00% cap rate.
  • Asking price: $1,570,000.
  • Built in 1992, zoned C3, with convenient walk-out parking.
  • Features a modified lease structure and recent cosmetic repairs; new inspection report available.

Property Details for 2402 Woodbine Rd

Property type
Other office properties, Office properties
Square Feet
10,000 SF
Class
B
Year Built
1992
Buildings
1
Stories
2
Lot Size (sq. ft)
71,003 SF

Location Insight

City
Saint Joseph
County
Buchanan
State
Missouri
Latitude
39.789406287536
Longitude
-94.796937593498
2402 Woodbine Rd, Saint Joseph, Missouri

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2402 Woodbine Rd
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