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Two-Level Office Building
For Sale
Contact for pricing
Pending

402 North Grand, Salem, MO 65560

Flexible commercial layout with open upper-level space and remodeled lower-level offices, conference rooms, and support areas.

Property SizeContact for details
Days on Market144

Property Features for 402 North Grand

General Information

Standard status Pending
Property subtype Office

Additional Details

Highway Access Yes

Building Details

Buildings 1
Listing Agency: Century 21 South Central Realty
Listed By: Beth Frizzell · License #MO
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Sep 2 at 5:52PM

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 two-level office property offers approximately 4,000 square feet on each floor. The upper level is arranged as an open workspace with wood flooring and access doors at both ends, allowing for multiple layout configurations. The remodeled lower level includes offices, conference rooms, storage closets, restrooms, and a kitchenette. Two electric furnaces serve the lower floor.

The property includes a circle drive and parking area serving the upper level, along with a separate parking lot for the lower level. The building is located at 402 North Grand in Salem, Missouri.

Key Highlights

  • Approximately 4000 sq ft on each level
  • Open upper floor with wood flooring and a door at each end
  • Remodeled lower level with offices, conference rooms, storage, restrooms, and kitchenette

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service Storage Facility Real Estate Agency (Bike/Boat/Book/etc) Store Computer & Electronic Repair

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
Highway access

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Flexible commercial layout with open upper-level space and remodeled lower-level offices, conference rooms, and support areas.
Where is this office building located?
The property is located at 402 North Grand Salem, MO.
What are key features of this property?
This property features: Approximately 4000 sq ft on each level; Open upper floor with wood flooring and a door at each end; Remodeled lower level with offices, conference rooms, storage, restrooms, and kitchenette
(573) 247-2967 Call to check price and availability
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