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Multi-Tenant Retail Building
For Sale
$625,000
Pending

803 W Scenic Rivers Blvd, Salem, MO 65560

Six-unit retail building with three fully leased spaces, including a cannabis dispensary, chiropractor office, and smoker’s outlet.

Property Size6,720 SF
Days on Market214

Property Features for 803 W Scenic Rivers Blvd

General Information

Standard status Pending
Size 6,720 SF
Occupancy 100%

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $4,247

Building Details

Tenancy Multi
Listing Agency: United Country Salem Realty
Listed By: Megan Simpson · License #2006038918
Source: Exprealty
Added: Feb 5 Changed: Sep 6 Last Checked: Sep 7 at 2:57PM

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 United Country Salem Realty

Investment Insights

Based on property information with market context.

This retail building offers three fully leased units totaling 6,720 square feet. The tenant mix includes a cannabis dispensary, a chiropractor office, and a Smoker’s Friendly Outlet. The dispensary suite underwent extensive upgrades in 2023, including a new storefront, offices, and secure areas.

The property is located on high-traffic Scenic Rivers Highway near Wal-Mart and Riverways Federal Credit Union, with future development noted in the area.

Leases and proof of income are available during due diligence for qualified buyers.

Key Highlights

  • 6,720 SF retail building with three fully leased units
  • 2025 income of $114,936 from the three leased units
  • Tenants include a cannabis dispensary, chiropractor office, and Smoker’s Friendly Outlet

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Dental Office 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.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

379
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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Six-unit retail building with three fully leased spaces, including a cannabis dispensary, chiropractor office, and smoker’s outlet.
Where is this retail space located?
The property is located at 803 W Scenic Rivers Blvd Salem, MO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 6,720 SF retail building with three fully leased units; 2025 income of $114,936 from the three leased units; Tenants include a cannabis dispensary, chiropractor office, and Smoker’s Friendly Outlet
More about this property
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