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Commercial Building at Corner Location
For Sale
$149,900

201 E Roosevelt Street, Salem, MO 65560

Commercial building with high traffic location and remodeled office.

Property Size1,368 SF
Price / SF$135.17
Days on Market109

Property Features for 201 E Roosevelt Street

General Information

Standard status Active
Size 1,368 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $894

Building Details

Building Size 1,368 SF
Year Built 1945
Buildings 1
Stories 1
Listing Agency: Century 21 South Central Realty
Listed By: Beth Frizzell · License #2007019437
Source: Century21laclede
Added: May 7 Changed: Aug 23 Last Checked: Aug 23 at 5:31AM

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 commercial building is situated at the corner of Highway 19 South and Roosevelt Street. It features a lighted, partially wrap-around front porch and two front entrances. The property has a gravel parking area with entrances off Roosevelt Street and Highway 19 South. The interior is divided into two separate areas suitable for two businesses. One side, intended for office use, has been remodeled with tongue and groove walls and ceiling, flooring, a storage closet, and updated wiring, encompassing approximately 304 square feet. The other side, designed for retail, is approximately 805 square feet and includes a front reception desk, and a storage closet. The property also contains a half bath. A handicap access ramp could be built on the side. The property is located in the city and benefits from a high-traffic location.

Key Highlights

  • High‑traffic corner location at Hwy 19 S and Roosevelt St.
  • Potential for two separate businesses within the building.
  • Remodeled office side featuring updated wiring, tongue and groove walls/ceiling, and new flooring (approx. 304 sq ft).

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Carpet & Flooring Store Computer & Electronic Repair Catering Service Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

250
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
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Similar Off Market Nearby

  • That Special Touch 900 Scenic Rivers Blvd, Salem, MO 65560

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with high traffic location and remodeled office.
Where is this storefront property located?
The property is located at 201 E Roosevelt Street Salem, MO.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: High‑traffic corner location at Hwy 19 S and Roosevelt St.; Potential for two separate businesses within the building.; Remodeled office side featuring updated wiring, tongue and groove walls/ceiling, and new flooring (approx. 304 sq ft).
More about this property
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