1 S Main St, Salem, MO 65560
For Sale
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This exceptional commercial property, located at 1 S Main Street in Salem, MO, presents a compelling investment opportunity. Boasting over 6900 square feet of space within a mostly brick structure, this building is ideally situated near the town square and major Salem thoroughfares, ensuring high visibility and accessibility. The property includes a substantial asphalt parking lot with over 16 spaces, complemented by prominent lighted signage on Main Street for optimal brand exposure. Internal features include a fully equipped kitchen, walk-in cooler and freezer, and a robust 600 AMP electrical service. Climate control is ensured by three independent heating and cooling units, providing flexibility and efficiency. The layout is versatile, encompassing multiple restrooms, dedicated back office space, and several meeting rooms, catering to a wide range of business needs. The 0.96-acre lot offers ample space for expansion or outdoor activities. The property's impressive size, prime location, and extensive amenities make it an exceptional value. The owner is open to considering lease options, providing added flexibility for potential buyers. This is a rare opportunity to acquire a high-value commercial property in a desirable location
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.