Description

Commercial Real Estate, located in the center of town. 1.4 acres+/- sitting on a corner lot of which is known as the City of Salem's Four Corners. With Highway 19 and Highway 32 intersecting, this piece of property sees lots of traffic, The lot itself is a prime location for new business opportunities. Currently the Walnut motel rests on the lot, hosting approximately 30+ rooms of various sizes; single, double and suite rooms. Large office space, laundry room and utility rooms. The motel in its prime kept very busy, with people coming in from all over the Nation to explore all the opportunities the Gateway to the Ozark Riverways has to offer. The motel is currently not in use, the building could be remodeled and used once again as a motel. The possibilities for this Commercial property are endless!

Details

MLS#20087867
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1955
Days On Site46

Features

SQ Feet13,238
Story(s)2
ZoningCOMMERCIAL

Market Activity 65560

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Area Information
StateMO
CountyDent
CitySalem
Zip Code65560
AreaSalem
Listing VS Median (in 65560)
Price:
$590,000
low | high
Med:
$110,000
100% of Average
SqFt:
13,238
low | high
Med:
1,855
100% of Average
$ / SqFt:
$45
low | high
Med:
$59
16.9486956919% of Average
On Site:
46
low | high
Med:
151
30.46357615894% of Average
Listing Updated: January 22, 2021 8:01:12 PM PST
Ahleesha Elwood LogoMLS Number: 20087867
Listing Provided By:
Ahleesha Elwood  of  Elwood Real Estate LLC
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