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33618125
33618124

803 W Scenic Rivers Blvd, Salem, MO 65560

United Country - Salem Realty
Listed by United Country - Salem Realty
$625,000
20 days on market
Updated 20 days ago

803 W Scenic Rivers Boulevard

Details
Property Type Retail
Sub Type Storefront
Square Footage 6,720
NOI $114,936
Tenancy Multi
Investment Type Stabilized

Retail | 6,720 SqFt

Marketing description

Outstanding commercial investment opportunity located on high-traffic Scenic Rivers Highway, just minutes from Wal-Mart, Riverways Federal Credit Union, and planned future development. This 6,720 ± square foot 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, chiropractor office, and 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 excellent visibility along a heavily traveled corridor, plus convenient storefront parking for customers. With strong cash flow and a prime location in a growing commercial area, this is a rare investment opportunity. Leases and income documentation available to qualified buyers during due diligence.

Investment highlights


Listing Contacts

United Country - Salem Realty
Listed by United Country - Salem Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$114,936.00
$9,578.00/mo

Valuation Metrics

0
DSCR
18.39%
Cap Rate
18.39%
ROI

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