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306 E Franklin Street, Salem, MO, 65560

Call to schedule your private showing for this awesome multi-purpose building located in the heart of Salem. The building consists of approximately 1848 sq. ft. of usable space. 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 33'x32' 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! Seller is offering a $2,500 Seller Credit at closing. Do not hesitate to give us a call today!!

Subdivision: Millsap Add

List Price

$ 175,000

Status

Active Under Contract

Days on market

0

MLS#

26021069

Bedrooms

1

Full baths

1

Sq. Ft. Above

792

Subdivision

Millsap Add

Municipality

Salem

School District

Salem R-80

County

Dent

Property Type

Residential

Style

Other

Type

Residential

Additional Information

Property Tax (2025)

$994

Recent Nearby Sales in 65560

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
TBD County Road 6670, Salem, MO 65560 0/0 -- $260,000 $250,000
96.2% of ask
Sep 3, 2026
Lot 10 County Road 4180, Salem, MO 65560 0/0 -- $52,500 $52,500
100% of ask
Sep 1, 2026
600 S Pershing Avenue, Salem, MO 65560 2/1 1,051 $59,900 $60,100
100.3% of ask
Sep 1, 2026
000 Co Rd 4180 Lot 10, Salem, MO 65560 0/0 -- $52,500 $52,500
100% of ask
Sep 1, 2026
705 E Gibbs Street, Salem, MO 65560 3/2 1,411 $120,000 $120,000
100% of ask
Aug 31, 2026
Lot A 1621 County Road 3260, Salem, MO 65560 0/0 -- $212,000 $208,000
98.1% of ask
Aug 28, 2026

Price & Listing History

Listed for sale
Apr 10, 2026 at $185,000
Price reduced by $10,000 (5.4%)
From $185,000 to $175,000
Current status: Active Under Contract
As of Aug 29, 2026 · $175,000

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Room Dimensions

Room Type

Kitchen

Room Dimensions

11x12

Bathroom

8x6

Bedroom

11x10

Utility Room

18x23