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$195,000

  • For Sale
  • Active
  • Commercial
  • 20 Parking Spaces
See This Home
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See This Home
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Call to schedule your private showing for this awesome multi-purpose building located in the heart of Salem. This 1 bedroom 1 bath shop house has a full kitchen with Stainless Steel Appliances, electric cooktop, range hood, custom cabinets, quartz countertops, custom pantry and butcherblock breakfast bar. Full Bathroom with custom vanity, toilet and shower. Completely updated wiring throughout the building and living quarter. Homerun Pex plumbing system with whole house water filter system. Toolboxes with workbench, shop sink and a stacked washer & dryer in the utility/storage room. The shop is 33x32 with 14 ft ceiling with 8x10 & 12x10 garage doors. Central heat and air in the shop area with two mini splits in the living quarters. Metal siding and roof with seamless guttering. Large gravel lot and private entrance. This property would be an excellent location for someone that wants to run a business or needs room for their toys! Do not hesitate to give us a call today!!

Full Property Details for 306 E Franklin St

General

  • Price: $195,000
  • Taxes: $994 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MARIS
  • MLS ID: 26021558
  • Updated: 4/29/2026
  • Added to Site: 16 day(s) ago

Interior

  • Appliances: Stainless Steel Appliance(s), Electric Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked, Electric Water Heater

Parking

  • Parking Features: Additional Parking, Driveway, Garage, Gravel, Heated Garage, On Site, Open, Outside, Oversized, Parking Lot, Private

Location

  • Area: 799 - Salem
  • County: Dent
  • Township: Salem
  • Subdivision: Millsap Add

Heating & Cooling

  • Cooling Type: Ceiling Fan(s), Central Air Conditioning, Multi Units
  • Heating Type: Electric, Other

Utilities

  • Water: Public
  • Utility Description: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected

Structural Information

  • Current Bldg. Use: Other
  • Year Built: 1984

Lot Features

  • Lot Size (Acres): 0.3
  • Lot Size (Sq. Ft.): 13,068
  • Lot Size Source: Public Records
  • Frontage: City Street
  • Street/Road Desc.: Asphalt
  • Topography: Flat

Financial Considerations

  • Tax Amount: $994
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Private
  • Special Conditions: Standard
  • Legal Description: PT LOTS 1 & 4 AND PT VACATED E ELLIS ST BLOCK 22 MILLSAP ADDITION
  • Disclosures/Reports: Lead Paint, No Other Known Restrictions
  • Property ID: 09-4.0-18-3-64-001.001

Listed by VIP Properties

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— 306 E Franklin St —

  • VIP Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 306 E Franklin St

School District:Salem R-80 School District
NameGradesDistance
Wm. H. Lynch Elementary School
101 North Main Street, Salem, MO 65560
PK-10.4 mi
Salem Upper Elementary School
1601 Doss Road, Salem, MO 65560
2-51 mi
Salem Middle School
1400 Tiger Pride Dr, Salem, MO 65560
6-81.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 306 E Franklin St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/29/2026
Price Reduced
$195,000
-4.88%
MLS
4/28/2026
Listed
$205,000
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 306 E Franklin St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$994
4%
$14,830
—
2024
$955
—
$14,830
—
2023
$953
—
$14,830
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by VIP Properties

306 E Franklin Street, Salem, MO 65560 (MLS# 26021558) is a Commercial property. 306 E Franklin Street is currently listed for $195,000 and was received on April 28, 2026. Want to learn more about 306 E Franklin Street? Do you have questions about finding other Commercial real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.

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