1601 Main St Salem, MO 65560-2454
- Investment properties
- 32,880 SF
- 3.90 lot acres
Current Use by Public Records
- Investment properties
Property Details for 1601 Main St
- Year built
- 1974
- Lot size
- 3.90 lot acres
- Property size
- 32,880 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 08-6.0-24-0-00-001.000
- APU
- 86024000001000
Description
This exceptional retail property at 1601 S Main, Salem, MO, presents a unique investment opportunity. Spanning 3.9 acres, the property boasts two substantial buildings totaling 32,962 square feet. Constructed of steel with metal roofs and joined by fire-proof walls and a door, these buildings offer exceptional durability and functionality. The south building features a concrete loading dock, ideal for efficient logistics. Both buildings are equipped with 6-inch reinforced concrete floors, capable of supporting heavy equipment like forklifts. Three-phase electric service is available in the south building. Interior walls are paneled and well-insulated, contributing to reduced utility costs. Heating is provided by ceiling-hung propane heaters, and lighting consists of 8-foot fluorescent fixtures. Each building includes two bathrooms for employee and customer convenience. The north building offers an open outer office area, complete with phone and internet services, and two private 12x15 executive offices. The property's prime location on S Main in Salem, MO, ensures high visibility and accessibility. The long-standing presence of a family-owned business on the site further underscores its established reputation and potential. The existing business may also be available for acquisition under suitable terms. This property is priced at $799,500 and represents a compelling investment in a thriving community. The dimensions of the buildings are 150x120 feet and 80x186 feet respectively.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Dent
- State
- Missouri
- Longitude
- -91.5362
- Latitude
- 37.6311