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1001 SE Salem St 6,000 SF Retail Building Oak Grove, MO 64075 $560,000 ($93.33/SF)



EXECUTIVE SUMMARY
This building was originally built by the current owner, who also ran the studio. The business has since been sold to the current tenant, who now offers a variety of dance programs for all ages. A three-year lease is in place through October 2027, with an option to extend for another three years, including a rent increase. Showings must be scheduled before 3:00 PM on weekdays, with Saturday availability depending on event schedules. Ceiling heights are 8' in the lobby and restrooms, while all four dance rooms have 10' ceilings
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
6,000 SF
Building Class
C
Year Built
2005
Price
$560,000
Price Per SF
$93.33
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.68 AC
Parking
36 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 38-730-15-02-00-0-00-000 | Improvements Assessment | $129,251 |
| Land Assessment | $45,469 | Total Assessment | $174,720 |
PROPERTY TAXES
Parcel Number
38-730-15-02-00-0-00-000
Land Assessment
$45,469
Improvements Assessment
$129,251
Total Assessment
$174,720
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1001 SE Salem St
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