Introducing 1502 South McArthur, Salem, MO 65560 - an incredible commercial property opportunity! This location features a spacious building currently operating as a successful clothing business. It presents an ideal setting for entrepreneurial ventures or expanding an existing enterprise. The store building could be converted into a small apartment or residence as it has a 3/4 bath.
Beyond the main building, - a large shop building with heat and air, equipped with a convenient vehicle lift, making it an attractive prospect for automotive-related businesses or hobbyists. This versatile space opens the door to endless possibilities, from automotive repairs to hobby workshops.
Take advantage of this rare opportunity to invest in a lucrative business location and explore the potential for growth and success at 1502 South McArthur, Salem. Act fast, as this property won't stay on the market for long!
Closed
Listed by: United Country Salem Realty • Justin S Roderman • Contact: 573-453-8218
Bought with: United Country Salem Realty
Price Unknown
1502 S Macarthur Ave, Salem, MO 65560
0beds
520sqft
Single Family Residence
Built in 1940
7,187 Square Feet Lot
$106,800 Zestimate®
$--/sqft
$741 Estimated rent
Home value
$106,800
$94,000 - $119,000
$741/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Justin S Roderman 573-453-8218,
United Country Salem Realty
Bought with:
Megan C Simpson, 2006038918
United Country Salem Realty
Source: MARIS,MLS#: 23043804
Originating MLS: South Central Board of REALTORS
Originating MLS: South Central Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
Bathroom
- Features: Floor Covering: Vinyl
- Level: Main
- Area: 28
- Dimensions: 7x4
Other
- Features: Floor Covering: Vinyl
- Level: Main
- Area: 475
- Dimensions: 25x19
Heating
- Electric, Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater
Features
- Basement: Crawl Space
- Has fireplace: No
Interior area
- Total structure area: 520
- Total interior livable area: 520 sqft
- Finished area above ground: 520
Property
Parking
- Total spaces: 1
- Parking features: Storage, Workshop in Garage
- Garage spaces: 1
Features
- Levels: One
Lot
- Size: 7,187 Square Feet
- Dimensions: 60 x 120
Details
- Additional structures: Workshop
- Parcel number: 086.024000012.000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Unknown
Location
- Region: Salem
Financial & listing details
- Tax assessed value: $39,990
- Annual tax amount: $396
- Date on market: 7/24/2023
- Cumulative days on market: 137 days
- Listing terms: Cash,Conventional
- Ownership: Private
- Road surface type: Concrete
Price history
| Date | Event | Price |
|---|---|---|
| 12/8/2023 | Pending sale | $128,000$246/sqft |
Source:  MARIS #23043804 Report a problem | ||
| 12/7/2023 | Sold | -- |
Source: MARIS #23043804 Report a problem | ||
| 11/3/2023 | Contingent | $128,000$246/sqft |
Source: MARIS #23043804 Report a problem | ||
| 7/24/2023 | Listed for sale | $128,000$246/sqft |
Source: MARIS #23043804 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $417 +4.9% | $7,600 |
| 2024 | $398 +0.3% | $7,600 |
| 2023 | $396 +0% | $7,600 |
| 2022 | $396 | $7,600 +150% |
| 2021 | -- | $3,040 |
| 2020 | -- | $3,040 +1% |
| 2017 | -- | $3,010 -1.3% |
| 2016 | -- | $3,050 +12.1% |
| 2015 | -- | $2,720 -0.7% |
| 2014 | -- | $2,740 +0.4% |
| 2013 | -- | $2,730 |
| 2011 | -- | -- |
Find assessor info on the county website
Neighborhood: 65560
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Nearby schools
GreatSchools rating
- NAWm. H. Lynch Elementary SchoolGrades: PK-1Distance: 0.9 mi
- 7/10Salem Middle SchoolGrades: 6-8Distance: 1.1 mi
- 4/10Salem Sr. High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- Elementary: Wm. H. Lynch Elem.
- Middle: Salem Jr. High
- High: Salem Sr. High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$106,800
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With Zillow Showcase(estimated)
$108,936
- Missouri
- Dent County
- Salem
- 65560
- 1502 S Macarthur Ave
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