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Multi-Tenant Retail Building
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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
Price / SF$93.01
Days on Market103

Property Features for 803 W Scenic Rivers Blvd

General Information

Standard status Active
Size 6,720 SF
Property subtype Retail
Occupancy 100%
Investment Type Stabilized
Net Operating Income $114,936

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: United Country - Salem Realty
Listed By: Megan Simpson-Midyett · License #2006038918
Source: Crexi
Added: Jun 17 Changed: Sep 10 Last Checked: Sep 26 at 7:54AM

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

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Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store HVAC Service (Bike/Boat/Book/etc) Store Real Estate Agency Computer & Electronic Repair 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
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
(573) 729-3148 Call to check price and availability
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