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Salem Commercial Building Investment
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803w Scenic Rivers Blvd, Salem, MO 65560

Fully leased retail building with diversified tenants and strong cashflow.

Property Size6,720 SF
Price / SF$93.01
Days on Market176

Property Features for 803w Scenic Rivers Blvd

General Information

Standard status Active
Size 6,720 SF
Class B
Property subtype Retail

Building Details

Buildings 1
Units 1
Listing Agency: United Country - Salem Realty
Listed By: Megan Simpson-Midyett · License #2006038918
Source: Crexi
Added: Feb 17 Changed: Aug 8 Last Checked: Aug 8 at 8:48AM

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 6,720 square foot commercial building is located on Scenic Rivers Highway, near Wal-Mart and Riverways Federal Credit Union, and close to planned future development. The retail building is fully leased with three established tenants and is projected to generate $114,936 in income for 2025. Current occupants include a cannabis dispensary, a chiropractor office, and a Smoker’s Friendly Outlet, providing a diversified and stable tenant mix. The dispensary suite underwent major renovations in 2023, including a new storefront, office build-outs, and secure interior improvements. The property offers visibility along a heavily traveled corridor, plus convenient storefront parking for customers. The 2025 taxes are $4,247.

Key Highlights

  • Projected $114,936 income for 2025.
  • Fully leased with three established tenants, providing a diversified and stable tenant mix.
  • Prime location on high‑traffic Scenic Rivers Highway.

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.

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 - Fully leased retail building with diversified tenants and strong cashflow.
Where is this retail space located?
The property is located at 803w 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: Projected $114,936 income for 2025.; Fully leased with three established tenants, providing a diversified and stable tenant mix.; Prime location on high‑traffic Scenic Rivers Highway.
More about this property
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