Search
Historic Drug Store Building
For Sale
Contact for pricing

117 W Fourth, Salem, MO 65560

Large commercial building with central air, four natural gas furnaces, and direct public access from Fourth Street.

Property Size13,414 SF
Lot Size0.28 Acres
Price / SF$28.33
Days on Market12

Property Features for 117 W Fourth

General Information

Standard status Active
Size 13,414 SF
Lot size 0.28 Acres
Property subtype Special Purpose

Additional Details

Asking Price $380,000
Road Access Yes

Building Details

Year Built 1920
Buildings 1
Construction masonry
Listing Agency: Century 21 South Central Realty
Listed By: Shirley Manthey · License #MO
Source: Crexi
Added: Aug 21 Changed: Aug 31 Last Checked: Aug 31 at 10:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 South Central Realty

Investment Insights

Based on property information with market context.

This 13,414-square-foot commercial building dates to 1920 and features masonry construction, a concrete foundation, and a built-up roof. Interior climate control includes central air and 4 natural gas furnaces. The property is identified as a drug store asset and is currently described for commercial or investment use.

The 0.2837-acre parcel includes 12,358 square feet of land with frontage along 4th Street and public access. It is situated in Salem’s business district and city center, with nearby amenities and schools. The building’s substantial floor area and existing mechanical systems support continued commercial occupancy or a redevelopment plan, subject to applicable approvals.

Key Highlights

  • 13,414‑square‑foot commercial building constructed in 1920
  • Masonry construction with concrete foundation and built‑up roof
  • Central air plus 4 natural gas furnaces

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Computer & Electronic Repair Catering Service Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

442
Businesses Nearby
Balanced
Demand for This Use

Demographics for 65560, MO

13,292
Population
6,355
Households
2.1
Avg Household Size
45
Median Age
18%
College-Educated
85%
High-School Grad
664.2 sq mi
ZIP Area
20
Density / Sq Mi
$53,423
Median Household Income
$33,606
Median Earnings
$625
Median Rent
$141,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Walmart Pharmacy 1101 W Highway 32, Salem, MO 65560
  • Moser Pharmacy 900 S Main St, Salem, MO 65560
  • Vandivort Drug 117 W 4th St, Salem, MO 65560

Frequently Asked Questions

What type of property is this?
Drug store - Large commercial building with central air, four natural gas furnaces, and direct public access from Fourth Street.
Where is this drug store located?
The property is located at 117 W Fourth Salem, MO.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 13,414‑square‑foot commercial building constructed in 1920; Masonry construction with concrete foundation and built‑up roof; Central air plus 4 natural gas furnaces
(573) 729-6121 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message