Salem IN Commercial for Sale
ADDITIONAL INFORMATION
GREAT INVESTMENT PROPERTY in a HIGH-TRAFFIC AREA of SALEM. 56 E./Hackberry street, this building is setting on 1.14 ac. with lots of parking space with easy access! Highly desirable location with Maximum exposure for your potential clientele. Building contains 3548 sq. ft. Local amenities are close by. Suppression system is still in place for Restaurant use. AS-IS, See addendum for GIS map of lot shape.*** Shed, TV & Mount,Window security bars DO NOT STAY
- Type:
- Office
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.65 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 202407796
ADDITIONAL INFORMATION
Located across the street from Walmart. Sale of Second Generation Business w/Real Estate and a loyal long term customer base. Sale includes ALL Business Assets as Identified on corporate Federal Tax Return. Many CNC machines and other equipment come with the business (see partial list in attachments). Owner is willing to provide short term transition to new owner. Business may be Relocated! Confidentiality Agreement Must Be Signed by Interested/Qualified Buyer Prospects Prior to Release of Tax Return Information!
$1,800,000
501 E Market Street Salem, IN 47167
- Type:
- Industrial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 22 Acres
- Baths:
- MLS#:
- 202407493
ADDITIONAL INFORMATION
Welcome to 501 East Market Street just a couple blocks from the iconic Salem town square! This property is currently being leased by multiple businesses with office and warehouse needs. 501 E Market can be accessed by 3 different city streets! It features 22 acres with over 175,000 square feet of warehouse space. In addition to this, it has 5500 finished square feet of office space. This isn't even counting the office space available in the warehouses! There is 440 3- phase electric service to warehouses and a dedicated fire suppression loop surrounding the property with multiple hydrants. Other ideas for this property include land development, developing the creekside with apartments/businesses, event venue or flea market and so much more! Reach out today and see what a great investment this commercial property can be for you!
$199,900
301 W Mulberry Salem, IN 47167
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1951
- Baths:
- MLS#:
- 202407040
ADDITIONAL INFORMATION
OWN A PIECE of SALEM HISTORY!! During the early 50's and beyond, this AMAZING over 10,000 sq ft. building, was home to one of Salem's hottest entertainments, BOWLING!! The Salem Bowling alley, was located behind the High School at the time and was a hangout for many young couples of the day! Throughout the years it has been renovated & used as a warehouse for different businesses. Let your creative juices flow as you think of NEW OPTIONS for this timeless space. Flea market space, simple storage or large warehouse with 2 separate areas. Some have thought a roller rink might be a good use of the building, to bring back the fun and laughter the walls had enjoyed for many years. Left side of building also has garage door and ramp for easy loading of larger items. This WONDERFULLY LOCATED BUILDING is looking for its new owners to bring their needs to life!! Call us for a tour!! ** Currently property still shows it is in the Flood Plain. Surveys & applications to remove it are still to be applied for. Current owner pays Flood Insurance of $6000 a year. Once removed from Flood Plain this coverage can be removed.
$150,000
507 S Jackson Street Salem, IN 47167
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.3 Acres
- Baths:
- MLS#:
- 202406566
ADDITIONAL INFORMATION
High Traffic Vacant Land on the main corridor (HWY 60) coming into Salem. Many possible Commercial uses. Call agent with any questions
$1,795,000
21 N Public Salem, IN 47167
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1934
- Baths:
- MLS#:
- 202406291
ADDITIONAL INFORMATION
OPPORTUNITY OF A LIFETIME...H&R Bakery has been a staple to Southern Indiana for over three-quarters of a century, arguably serving the most delicious donuts and there are no words to describe their famous brownies! The Salem location, in addition to Huckleberry's in Mitchell, along with all fixtures, furniture and equipment of both and most importantly the established business, loyal multi-generational customer base and treasured baking secrets are included in the sale. The potential is endless to expand with more retail locations with the manufacturing capacity already in place. Different streams of revenue could be added with food service and meeting/party space rental. Information provided in this listing for the Salem Location. Please see listing for 915 Main Street, Mitchell, Indiana for information specific to Huckleberry's location MLS#202406289. BOTH LOCATIONS, FURNITURE, FIXTURES, EQUIPMENT AND BUSINESS ALL SELL TOGETHER
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.96 Acres
- Year built:
- 1980
- Baths:
- 2.00
- MLS#:
- 202400630
- Subdivision:
- None
ADDITIONAL INFORMATION
Looking to start your own business?? Amazing business location! Just outside of town! This location was a well-established dental office! Great potential with the current growth in our community! 3.96 acres! Plenty of parking! Full finished basement w/ restroom!
$200,000
1000 W Market Street Salem, IN 47167
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 4.53 Acres
- Year built:
- 1987
- Baths:
- MLS#:
- 202405116
ADDITIONAL INFORMATION
Property features 30x48 garage with 54x32 upstairs office, 2 -12' rollup doors, 1 service door . Flat to gently rolling with good building sites and ample road frontage and parking. The building has been well insulated.
$750,000
1036 N Jim Day Road Salem, IN 47167
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 14.51 Acres
- Baths:
- MLS#:
- 202405055
ADDITIONAL INFORMATION
THIS IS A HOT PRIME COMMERCIAL LOCATION WITH B-2 ZONING ALREADY IN PLACE & 14.51 ACRES FOR YOUR DREAM DEVELOPMENT..... ALL CITY UTILITES AVAULABILE, IMMEDIATE POSSESSION. Abundance of road frontage on State Road & business district county road, very high continuous traffic count, easy access & exit. A parcel this size does not come along very often with these specific city amenities Salem can offer you! Call today to discuss your multi use commercial dream and business opportunity.
$1,500,000
406 Cox Ferry Road Salem, IN 47167
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2 Acres
- Year built:
- 2021
- Baths:
- MLS#:
- 2023012280
ADDITIONAL INFORMATION
OPPORTUNITY AWAITS.. Storage complex with 140 units situated on 2.0 acres. Total of four buildings with each one constructed in the following years: 2018, 2019, 2020, & 2021. Units vary in 10 different sizes. See attachments for building sizes, unit, configurations & aerial. New software systems to be able to sign up online & manage units. QR Code for easy sign up . Value add potential as unit rents are 98% occupied and are below market rate. Owners are Lic.Indiana Brokers Also 2nd location is at 15400 Hwy 60 Borden Indiana MLS #2023012303 // Owner Financing Possible
$190,000
W Mulberry Street Salem, IN 47167
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 3.18 Acres
- Baths:
- MLS#:
- 2023012165
ADDITIONAL INFORMATION
This large COMMERCIAL 3.18 acre site is Zoned I-1 for all your business dreams. Situated on West State Road 56 (W. Mulberry St.) with very high traffic count daily. This has had recent highway construction making this a hot spot Commercial location to buy. Very level, 200 ft State Highway frontage, all city utilities available.
$750,000
401 N Main Street Salem, IN 47167
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.71 Acres
- Baths:
- MLS#:
- 2023011746
ADDITIONAL INFORMATION
THE BEST LOCATION IN SALEM.....Zoned B-2, Build your dream, .71 acres, very high visibility and traffic count. This location is at the stoplight at the Intersection of State Road 135 & 56. All city utilities, good frontage on two sides and rear alley access. Shown By Appointment. Do not miss out on this location.
- Type:
- Office
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 1990
- Baths:
- MLS#:
- 2023011635
ADDITIONAL INFORMATION
Great Multi Use office space. Formerly used as a bank, safe remains. Currently used as an insurance office complete with a customer waiting area, large administrative space, 3-4 individual offices, kitchenette, and 1st floor restrooms. First floor lighting has updated LED lights. There are 5 security cameras, 1 inside and 4 outside. Ring camera/call button outside. Ring camera/call button outside. Marquee sign outside has been completely renovated (wise and all LED lights installed) only outside panels would need to be modified. Parking lot was resurfaced in October 2023. Roof was replaced in 2017 and siding was replaced in 2021.
$550,000
800 N Main Street Salem, IN 47167
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.36 Acres
- Year built:
- 1920
- Baths:
- 1.00
- MLS#:
- 202337768
- Subdivision:
- None
ADDITIONAL INFORMATION
Here is your chance to own Cheddar Depot, right on Main St this Award-winning business is well established w/strong daily traffic near the schools, hospital, nursing homes and factories. They offer hand dipped Ice cream, cheese, homemade fudge and candies, deli sandwiches, and a great menu of delicious foods with all recipes, machines, and inventory included! Cheddar Depot is well known for its cheeses that are shipped all throughout the US! They also cater for the local school districts and can make orders for events. Along with a Great covered porch and a picnic area to relax and enjoy your food.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2.08 Acres
- Year built:
- 1994
- Baths:
- MLS#:
- 2023010555
ADDITIONAL INFORMATION
THIS IS YOUR OPORTUNITY FOR A CORNER PRIME LOCATION.....Situated at the Roundabout on State Road 60 & Salem By Pass this 2.08 acres has the best visibility, high traffic location, 1500 sf building, & paved parking. This location has abundance of frontage on both State Roads. This is your dream and it will come true chance. All city utilities. Shown by appointment only. Serious Inquiries only please.
ADDITIONAL INFORMATION
OPEN YOUR BUSINESS on one of the busiest streets in town.....rent is skyrocketing, and this is CHEAPER TO OWN. Open store front with covered walkway. PERMANENT SIGN ONSITE. Paved parking and an extra polebarn out back for added storage and inventory. Metal roof and siding with brick facade is curb appealing and makes for low maintenance.
$229,900
1101 S Main Street Salem, IN 47167
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 2023010440
ADDITIONAL INFORMATION
Attention Storage Unit Investors! GREAT Income Property is zoned B1. Seller has engineering plans for 88 storage units to built on the property and is approved by the state of Indiana. Large Home is a fixer upper but can be 4+ bedrooms along with a newer garage added to the home and would make a great rental property or small business location. Home is sold as is and needs a lot of repairs. When completed, the property has the potential to gross $7500+ per month in income. Property is located 1 mile south of the Salem Square between the square and the bypass. Great location, with a lot of potential. Seller is a licensed real estate agent. Please verify square footage of home if important.
$1,200,000
1500 E Rc Morris Drive Salem, IN 47167
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 4.01 Acres
- Year built:
- 2004
- Baths:
- MLS#:
- 202309948
ADDITIONAL INFORMATION
Cornerstone Hall is a 1st class, very popular regional event facility. It has hosted a numerous variety of high profile events as well as countless weddings, concerts, proms, family reunions, company meeting/party's. There is an excellent commercial kitchen on site, a bar with a alcohol license, Separate His and Hers restrooms and a unisex restroom in the kitchen area for staff. 12 foot ceilings in the Main event area give an open and airy feeling. Cornerstone also features one of the best sound systems in Southern Indiana! Itâs not just whatâs inside thatâs great. Outdoors events in the beautiful Washington County landscape offer a picturesque and charming touch, complete with a landscaped garden and pergola. Even if it rains, you can move inside with a room for up to 500 of your guests in an elegant ambiance setting. Gas log fireplaces with exceptionally trimmed mantles set the mood for a great evening. Ample parking onsite and a covered drive up entrance make for 1st class experiences with little effort. There is a also a dividing wall that can be employed to host multiple events simultaneously. Cornerstone Hall is a short drive down hwy 56 to I-65 quickly connecting you to the Louisville and Indianapolis Metro Areas. New Hotels in the Washington, Scott and Clark Co areas make hosting events even more continent.
$199,900
Mulberry Street Salem, IN 47167
- Type:
- General Commercial
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.61 Acres
- Year built:
- 1958
- Baths:
- 2.00
- MLS#:
- 202327587
- Subdivision:
- None
ADDITIONAL INFORMATION
Massive commercial building with a lot of parking space for sale! This building has a concrete slab foundation. The work has been started to make two apartments. This building has been used as many types of business, such as a church, grocery store and a theater. Building features 2 full restrooms with 2 stalls each! At one time it had a huge kitchen used by the church. This would make a great business location/restaurant for you! Call today for more details!
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.61 Acres
- Year built:
- 1958
- Baths:
- MLS#:
- 202308942
ADDITIONAL INFORMATION
Massive commercial building with a lot of parking space for sale! This building has a concrete slab foundation. The work has been started to make two apartments. This building has been used as many types of business, such as a church, grocery store and a theater. Building features 2 full restrooms with 2 stalls each! At one time it had a huge kitchen used by the church. This would make a great business location/restaurant for you! Call today for more details!
$199,900
206 W Walnut Street Salem, IN 47167
- Type:
- Retail
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.86 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 202308147
ADDITIONAL INFORMATION
Large commercial property with so many possibilites!! Great features include 2 separate parcels bordering 2 main roads and .86 Acre. Main building has close to 4,000 sq. ft of open space, 2 nice offices, bathroom, receiving dock and 2 entry doors. New in 2017...2 new AC units and 2 new furnaces, new water heater, new flooring, partially new roof. Freshly painted in 2023. This property was once used as a thriving hardware/lawn and garden property. There are 3 additional buildings.. one is an open sided 24 x 60 x 14' and the other building is 26 x 50 and has a large room with garage door. Additional storage building has 3 sliding doors and 4 open bays that once was used as mulch storage. 35+- parking spots are available and possibly more if the adjoining lot was turned in to parking. Possible uses include lawn and garden, hardware, flea market, mower shop, floral shop, retail business and many more possibilities.
$220,000
407 N Main Street Salem, IN 47167
- Type:
- Office
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.2 Acres
- Baths:
- MLS#:
- 202307381
ADDITIONAL INFORMATION
Prime B2 Commercial parcel in Salem with frontage along N Main St (Hwy 135), just north of the Historic Salem Square. This is the Northern parcel of the Block which is adjacent to N Main (hwy 135) / Hackberry St (hwy 60) intersection. Electric, Gas, Sewer Available. Parcel is also bordered to the north by Salem Ave and an Alley to the east. There is a house on the property, currently being utilized as a successful Airbnb and a CPA office. Also, in the rear there is a carriage house, now converted into 2 efficiency rental units.
$352,000
48 Public Square Salem, IN 47167
- Type:
- Business Opportunities
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- 202306841
ADDITIONAL INFORMATION
Welcome to this extraordinary real estate opportunity in Salem, IN! Situated on the enchanting public square and brimming with history, this magnificent building has long been recognized as one of the most esteemed retail establishments in the area. Its prime location has attracted notable merchants over the years. Spanning three spacious floors, this building offers a multitude of possibilities for its future use. This expansive space has accommodated countless out-of-town guests, enriching the building's vibrant history and communal spirit. Furthermore, the previous owner ingeniously converted a portion of the second floor into a charming apartment, boasting an awe-inspiring view of the picturesque Washington County Courthouse. With approximately 3,360 square feet per floor and a bathroom on each level, the possibilities for this property are truly endless. All nestled in the heart of Salem's historic downtown courthouse square, offering unrivaled visibility and accessibility. As the proud new owner, your creativity and vision can propel this building to new heights, ensuring its legacy continues to flourish. Don't miss this unparalleled opportunity to own a piece of Salem's rich history and embrace the boundless potential this grand building presents. With separate entrances onto Highway 60/Main Street, and priced below its appraised value, this is a rare chance to make your mark on the vibrant fabric of Salem, IN. Act now and seize this remarkable investment opportunity!
$250,000
209 S Water Street Salem, IN 47167
- Type:
- Retail
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.73 Acres
- Year built:
- 1943
- Baths:
- MLS#:
- 202306747
ADDITIONAL INFORMATION
This business has been operating since the 1970's. It is currently being used as a front end alignment shop. There are 4 tire changers, a wheel balancer, and lots of warehouse space. This includes equipment, inventory and real estate.
$150,000
40 Public Square Salem, IN 47167
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- 202306739
ADDITIONAL INFORMATION
REDUCED! 2-4 bed/1 bath apartment (upstairs) with very large living room, hardwood flooring throughout, original wood trim and pocket doors. Lots of sq. ft. for additional apartments/storage. SOLD AS IS! State AS IS Addendum required with all offers. Seller will make NO repairs and offers NO warranties. Seller has never occupied. Disclosure: Listing Broker is owner of the selling company and is licensed in the State of Indiana. Property is zoned commercial and considered a Mixed Use property. Proof of Funds required w/all showings! ALL data including sq. ft is APPROX. and should be verified by Buyer (sq. ft. indicated is based off of Assessor Card).
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, albertw.page@xome.com, 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
Information is provided exclusively for consumers personal, non - commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024, Southern Indiana Realtors Association. All rights reserved.
Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.
Salem Real Estate
The median home value in Salem, IN is $179,900. This is higher than the county median home value of $130,100. The national median home value is $219,700. The average price of homes sold in Salem, IN is $179,900. Approximately 55.06% of Salem homes are owned, compared to 33.22% rented, while 11.72% are vacant. Salem real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Salem real estate agent to arrange a tour today!
Salem, Indiana has a population of 6,191. Salem is less family-centric than the surrounding county with 27.58% of the households containing married families with children. The county average for households married with children is 29.75%.
The median household income in Salem, Indiana is $34,483. The median household income for the surrounding county is $46,861 compared to the national median of $57,652. The median age of people living in Salem is 39.7 years.
Salem Weather
The average high temperature in July is 86.6 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 46.4 inches per year, with 14.2 inches of snow per year.