24 Photos

$300,000

600 East Hwy 32

n/a, Salem, Missouri, 65560

MLS® 26010782 · Listed by VIP Properties

0 bedroomsCommercial Sale0 days on marketBuilt 1980Lot 27878.40Electric · Central Air

About this property

Prime commercial opportunity at a highly visible location on Highway 32 in Salem, MO. This former bank building offers a solid, well-constructed structure with excellent road frontage and convenient access, making it ideal for a variety of professional, retail, or service-oriented uses. The property features 3500+/- s.f. with brick exterior, prominent street presence, and ample on-site parking on .64 acre lot. Originally designed for financial services, the building is well-suited for conversion to medical/dental offices, professional services, retail, insurance, government use, or a specialty service. Located on a main thoroughfare, the site benefits from strong daily traffic counts and easy access. This is a rare opportunity to acquire a recognizable commercial building in a growing regional market with excellent adaptability and long-term value. Renovation scheduled and price will increase as progress continues.

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Comparable recent sales

Sold records the MLS® data provider selected as comparable to this home — nearby recent sales at a similar price, bed count, and property type. Locations are shown at the neighborhood level only.

SoldMar 10, 2026

$275,000

Listed at $275,000

None, Cuba, Missouri

0 bd · Commercial Sale

Similar properties

MLS® data for this listing last updated Feb 25, 2026.

Market snapshot

The n/a, Salem market

Closed sales in n/a, Salem over the last 12 months.

$208,000

Median sold price

76

Avg. days on market

55

Homes sold

Median sold price by month

Median sold price trend from Oct 2025 ($263,000) to Sep 2026 ($52,500)Oct 2025Sep 2026