Strip joint near the street (6)
I believe the answer is:
divest
'strip' is the definition.
(I know that strip can be written as divest)
'joint near the street' is the wordplay.
'joint' becomes 'dive' (I've seen this before).
'near the' means one lot of letters go next to another.
'street' becomes 'st' (abbreviation).
'dive'+'st'='DIVEST'
(Other definitions for divest that I've seen before include "Deprive, strip" , "Strip, remove garments" , "Take off, say clothing" , "Strip off clothes, take away" , "Strip, denude" .)