Flex Space with Shop and Living
For Sale
$185,000
306 E Franklin Street, Salem, MO 65560
Updated flex property combining a workshop, residential quarters, custom finishes, and separate access on a gravel lot.
Property SizeContact for details
Days on Market106
Property Features for 306 E Franklin Street
General Information
Standard status
Active
Total Parking Spaces
20
Property subtype
Commercial
Warehouse & Industrial
Clear Height
14 ft
Warehouse Space
1,056 SF
Drive-In Doors
2
Conditioned Warehouse
Yes
Taxes and HOA fees
Annual Taxes
$994
Building Details
Year Built
1984
Buildings
1
Listing Agency:
VIP Properties
(573) 247-4654
Listed By:
Jordan Thompson · License #2020033101
(573) 247-4654
Source:
Exit2newbeginningz
Added: Apr 28
Changed: Aug 8
Last Checked: Aug 10 at 11:24AM
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 VIP Properties
Investment Insights
Based on property information with market context.
This 1984 flex property combines a 1-bedroom, 1-bath living area with a functional workshop. The residence includes a full kitchen with stainless steel appliances, an electric cooktop, range hood, custom cabinetry, quartz countertops, a pantry, and a butcherblock breakfast bar. The bathroom has a custom vanity, shower, and toilet. In the shop, built-in toolboxes, a workbench, shop sink, and utility/storage room with stacked washer and dryer support practical daily use.
The workshop measures 33 by 32 feet and has a 14-foot ceiling, an 8-by-10-foot garage door, and a 12-by-10-foot garage door. Central heat and air serve the shop, while two mini-split systems serve the living quarters. Updated wiring, a homerun PEX plumbing system, whole-house water filtration, metal siding, a metal roof, and seamless gutters are also included. The property has a large gravel lot and private entrance at 306 E Franklin Street in Salem, Missouri.
The workshop measures 33 by 32 feet and has a 14-foot ceiling, an 8-by-10-foot garage door, and a 12-by-10-foot garage door. Central heat and air serve the shop, while two mini-split systems serve the living quarters. Updated wiring, a homerun PEX plumbing system, whole-house water filtration, metal siding, a metal roof, and seamless gutters are also included. The property has a large gravel lot and private entrance at 306 E Franklin Street in Salem, Missouri.
Key Highlights
- 33x32 shop with 14 ft ceiling
- 8x10 & 12x10 garage doors
- 1 bedroom 1 bath living quarters
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Midwest region
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Similar Off Market Nearby
- Salem Catering Co — RR 2 Box 78, Salem, MO 65560
Frequently Asked Questions
What type of property is this?
Flex space - Updated flex property combining a workshop, residential quarters, custom finishes, and separate access on a gravel lot.
Where is this flex space located?
The property is located at 306 E Franklin Street Salem, MO.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: 33x32 shop with 14 ft ceiling; 8x10 & 12x10 garage doors; 1 bedroom 1 bath living quarters
