MLS® ID: 19059916
1100 South Louise
Salem, Missouri, 65560 $229,000
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 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.