MLS® ID: 19059916

1100 South Louise

Salem, Missouri, 65560

$229,000 Active
  • 3600 SQFT
LOCATION! LOCATION! BUILDING & LAND ONLY FOR SALE! Great investment property located on major highway 32 in Salem, MO! MODOT reports an approximate average of 6,934 vehicles drive by this property daily. Located within 2 blocks of Wal-Mart, restaurants, bank, vet clinic & close to a new health clinic. Built in 2005 this building has a concrete parking lot w/11 parking spaces, a total of 3,600 sq. ft & is divided into 2 sections - existing laundromat with 2,900 sq. ft & a retail office with 700 sq. ft. Tenant occupied with long term lease that was renewed in 2018 w/the current monthly rent at $1,700 and an annual increase of $50/yearly starting in 2020 & continuing until 2025. Each unit has a half bath, electric heat pump & central air. New Trane heat pump installed in 2018 w/a 5 yr warranty & 1 yr of service provided & new parts on the 2nd existing unit.
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Listing courtesy of United Country Salem Realty

Amenities

  • Full baths
    0
  • Zip
    65560
  • Office name
    United Country Salem Realty
  • SQFT
    3600
  • Property type
    Commercial & Indr.
  • Zoning type
    Commercial
  • Lot size
    14288
  • Sewer
    Public
  • Heating
    Heat Pump
  • Tax year
    2019
  • Agent name
    Babette Wells
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • Price Range
    $200k-$300k
  • Square Feet Range
    3500-4000 sq ft.
  • Office ID
    UCSR01
  • Agent ID
    BAWELLS

Location

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