Home Details for 117 W 4th Street

117 W 4th St in Salem, Missouri is a commercial property with a historic 1920 building spanning over 13,000 square feet, assessed at approximately $137,980 and offering strong investment potential. Key Property Details ?? Address: 117 W 4th St, Salem, MO 65560 ?? Listed Price: $380,000 ?? Building Size: 13,414 sq. ft 5,198 sq. ft ?? Year Built: 1920 ?? Construction Type: Masonry with concrete foundation and built-up roof ?? Heating & Cooling: Central air and 4 natural gas furnaces ?? Lot Size: 0.2837 acres / 12,358 sq. ft with city street frontage, paved road access ?? Ownership & Conditions: Bank-owned, designated as Real Estate Owned (REO) ?? Taxes: $2,958 for the year 2025, based on a tax-assessed value of $137,980 Property Use and Features Current Use: Commercial/Investment Special Conditions: indicates a commercial focus with potential for various business uses. Frontage & Access: Directly on 4th Street with easy public access. Schools Nearby Wm. H. Lynch Elementary School, PK-1, 0.1 mi away Salem Upper Elementary School, grades 2-5, 1.4 mi away Salem Middle School, grades 6-8, 0.8 mi away Note: School attendance boundaries are reference only; verify with the school directly. Overview & Considerations 117 W 4th St is a sizeable historic property located in the business district of Salem, MO. Its bank-owned status and large floor space may suit commercial investment opportunities, office space, or redevelopment projects. Tax history shows stability. Viewing the property and consulting a realtor is recommended due to its historic nature and size. This property offers a blend of historic character and commercial potential, strategically placed in Salem's city center with nearby amenities and schools.

• Utilities

  • Cable Available
  • Electricity Connected
  • Natural Gas Connected
  • Phone Available
  • Sewer Connected
  • Water Connected

• Cooling Information

  • Central Air

• Heating Information

  • Natural Gas