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    101 N Walnut St Steele, MO 63877

    For Sale
    $298,000

    Commercial Sale, Other - Steele, MO

    Property size:
    3,890 SF
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 101 N Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1
    Bedrooms
    1
    Bathrooms
    2
    Size
    3,890 SF

    Building Details

    Year built
    1952
    Building materials
    Other
    Architectural style
    Other

    Delta Realty LLC (573) 559-8195

    Listing agent Tammy Shepard (573) 625-9777

    Listing date Nov 10, 2025

    MLS# 16570 Listing URL

    Copyright © 2025 Southeast Missouri Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Commercial Building in Steele

    This commercial building, located in Steele, Missouri, offers approximately 3,900 square feet of space. The recently remodeled property is suitable for a med spa, salon, medical office, retail space, or professional service hub. The layout includes 6 private offices or treatment rooms, a break room, and a lobby with a storage closet. A salon-ready space features 4 stations and 2 wash bowls. Additional amenities include a laundry room with a sink and a new electric water heater, as well as 2 bathrooms and 2 additional unfinished bathrooms. Approximately 1,100 square feet of unfinished space allows for expansion or customization. The property includes a private lot with ample parking, a magnet keyless entry system, and an alarm system for security. The location offers high visibility and excellent traffic exposure. An LED billboard is available for advertising. Salon stations and furniture are available for purchase with or without the building.
    Location Intelligence

    Current Use by Public Records

    Sam Farris Hamra ... Community Center Steele City Water ... City Government Office Steele City Hall City Government Office

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Steele
    County
    Pemiscot
    State
    Missouri
    Longitude
    -89.829297
    Latitude
    36.084471

    Nearby Similar for Sale

    • $279,000
      2.30 Acres

      Steele, MO Commercial Property

      Commercial property with store front, warehouse, and multiple storage buildings.
      700 S Walnut St, Steele, MO 63877
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile commercial building suitable for various business ventures.
    Where is this retail space located?
    The property is located at 101 N Walnut St Steele, MO.
    What is the asking price?
    The asking price for this property is $298,000.
    What are key features of this property?
    This property features: - High-traffic location with excellent visibility ideal for attracting customers.; - Recently remodeled with approximately 2,500 sq ft of updated space, ready for immediate occupancy.; - Versatile layout suitable for various businesses: Med Spa, salon, medical office, retail, or professional services.
    (573) 625-9777
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    101 N Walnut St Steele, MO 63877
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