Salem IN Real Estate & Commercial for Sale

112 Properties Found

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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
2023010440
Type:
Other
Year built:
1920
Courtesy: Streamline Real Estate, LLC 812-620-0046
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202309948
Type:
General Commercial
Lot size:
4.01 Acres
Year built:
2004
Courtesy: Lopp Real Estate Brokers 812-728-8181
View additional info

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.

Beds:
n/a
Baths:
2.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
202327587
Type:
General Commercial
Subdivision:
None
Lot size:
0.61 Acres
Year built:
1958
Courtesy: Mainstreet Realtors 812-883-9555
View additional info

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!

Beds:
n/a
Baths:
Sq.Ft.:
10,246
Status:
Active
MLS#:
202308942
Type:
Other
Lot size:
0.61 Acres
Year built:
1958
Courtesy: Mainstreet REALTORS 812-883-9555
View additional info

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!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202308147
Type:
Retail
Lot size:
0.86 Acres
Year built:
1965
Courtesy: Mainstreet REALTORS 812-883-9555
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202307549
Type:
Business Opportunities
Lot size:
0.71 Acres
Courtesy: The Day Company REALTORS 812-883-5112
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202307458
Type:
Business Opportunities
Lot size:
0.8 Acres
Year built:
1900
Courtesy: Dawson Real Estate, LLC 812-570-0708
View additional info

ADDITIONAL INFORMATION

Lots of POTENTIAL! Affordable fixer-upper in commercially zoned growing business district of Salem, right next to high-traffic stoplight (Intersection of Hwy 135 & 56). Easy access easement on east side of lot, great visibility, and space for parking or storage. Structure on lot can be cleared or restored. Call today! :)

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202307381
Type:
Office
Lot size:
0.2 Acres
Courtesy: Lopp Real Estate Brokers 812-728-8181
View additional info

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.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
202311239
Type:
General Commercial
Subdivision:
None
Lot size:
4.53 Acres
Year built:
1987
Courtesy: Mainstreet Realtors 812-883-9555
View additional info

ADDITIONAL INFORMATION

Property features 54x48 garage with 12x32 upstairs office, 2 -12' rollup doors, 1 service door. Flat to gently rolling with good building sites and ample road frontage and parking.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202306841
Type:
Business Opportunities
Lot size:
0.08 Acres
Year built:
1935
Courtesy: HOOSIER REALTY 812-883-8200
View additional info

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!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202306747
Type:
Retail
Lot size:
0.73 Acres
Year built:
1943
Courtesy: Mainstreet REALTORS 812-883-9555
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202306739
Type:
Other
Lot size:
0.1 Acres
Year built:
1920
Courtesy: Lighthouse Realty Group, Inc. 812-620-1711
View additional info

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).

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202306534
Type:
Other
Lot size:
2 Acres
Year built:
2021
Courtesy: The Day Company REALTORS 812-883-5112
View additional info

ADDITIONAL INFORMATION

OPPORTUNITY AWAITS...Storage Complex with 140 units situated on 2.0 acres. Total of four buildings with one constructed in the following years: 2018, 2019, 2020 & 2021. As of the listing date, 139 of the 140 are occupied. Units vary in 10 different sizes. See attachments for building sizes, unit configurations & aerial.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202306492
Type:
Other
Lot size:
2.08 Acres
Year built:
1994
Courtesy: The Day Company REALTORS 812-883-5112
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202305322
Type:
Business Opportunities
Lot size:
0.17 Acres
Year built:
1934
Courtesy: eXp Realty, LLC 888-611-3912
View additional info

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#202305447. Both locations and business all sell together.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202305437
Type:
Business Opportunities
Lot size:
1.24 Acres
Year built:
2000
Courtesy: Mainstreet REALTORS 812-883-9555
View additional info

ADDITIONAL INFORMATION

What a FANTASTIC opportunity to own your own business. Look no further! This is the perfect commercial location. This high traffic location will have your business overflowing with new customers. This space was previously used as Dairy Queen but is ready to be transformed into your vision. This property offers 2850 sq ft and a lot of parking.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202305187
Type:
Other
Lot size:
1 Acres
Year built:
1950
Courtesy: RE/MAX Ability Plus 812-945-8000
View additional info

ADDITIONAL INFORMATION

Unlimited potential/income producing opportunities. Property is conveniently located close in vicinity to Salem Speedway and Western Hills Golf Course. CURRENTLY - Fraternal Order of Eagles, Inc. Scenic Aerie No. 3516. "Grandfathered" ZONED COMMERCIAL FOR CURRENT BUSINESS ONLY, that is a Dining/Lounge. Features of property: Bar, Pool Room, Dining Room/Dance Floor, Men & Women Restrooms, approx. 3468 sq ft. UNFINISHED BASEMENT is 1711 SQ. FT. TOTAL: 5179 SQ. FT. Men & Women Restrooms. A/C in Bar Area does not work. CONTENTS included in SALE: Cooler, bar equipment and appliances, all round and long tables, chairs & bar stools. SEATING CAPACITY 75-100, NO WARRANTIES/GUARANTEES. Property being SOLD AS-IS. Inspections welcome at Buyer's expense. SELLER(S) WILL MAKE NO INSPECTION REPAIRS. Square footage, acreage, zoning/or requirements for business. Buyer(s) should verify ZONiNG for this Property is RR-Residential District. BUSINESS USE, needs variance approval. LP Gas will convey. Tank is leased.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
202305236
Type:
Retail
Lot size:
0.73 Acres
Courtesy: The Day Company REALTORS 812-883-5112
View additional info

ADDITIONAL INFORMATION

PROFITABLE BUSINESS OPPORTUNITY...Walk into this operating business immediately after finalizing the purchase. Sellers are retiring However, they will remain for a period of time to assist the buyer with the transition if needed. This is a family owned business that been in operation for over 50 years. The business will remain open through completion of the sale. This is a complete walk-out including equipment, inventory, and real estate. For complete information call today.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
2022013595
Type:
Other
Lot size:
1.48 Acres
Courtesy: The Day Company REALTORS 812-883-5112
View additional info

ADDITIONAL INFORMATION

Great Business Location. Nearly 1-1/2 ac. of commercial and ready for your new building. Over 300 ft. of road frontage on a heavily traveled street. This is an excellent location for your office or retail business. Zoned B-1. Call today for a showing.

Beds:
n/a
Baths:
1.00
Sq.Ft.:
n/a
Status:
Active
MLS#:
202248564
Type:
General Commercial
Subdivision:
Westminster Farms
Lot size:
0.5 Acres
Year built:
1998
Courtesy: Mainstreet Realtors 812-883-9555
View additional info

ADDITIONAL INFORMATION

Take a look at this large commercial property! Formerly used as the BMV. Large open waiting area, restrooms, office spaces, and a large parking lot.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
2022013541
Type:
Other
Courtesy: Brixton Realty 812-570-0013
View additional info

ADDITIONAL INFORMATION

Attention Developers & Home Builders! Great opportunity to pick up 9 building lots in Salem with utilities available. Nearly 3.3 acres in town ready for new construction. There have been a few new homes built on the street over the past couple of years with an average sales price of $225k - $250k each. See attachments for neighborhood restrictions. All square footage, and lot size are approximate based on Washington County GIS.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
2022013536
Type:
Other
Year built:
1920
Courtesy: Brixton Realty 812-570-0013
View additional info

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 awaiting state approval. 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. Seller has been quoted $175k to build 88 storage units + concrete and excavation. 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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
2022012411
Type:
Business Opportunities
Lot size:
0.09 Acres
Year built:
1975
Courtesy: Mainstreet REALTORS 812-883-9555
View additional info

ADDITIONAL INFORMATION

Hottest spot on the strip! This perfect location has been home to several successful businesses over the years. Come check out this prime commercial property in the heart of Salem. Formally a pizza restaurant. Ample parking, dining area, restroom, and also has a basement. Perfect location to start your business.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
2022012018
Type:
Other
Lot size:
2.08 Acres
Year built:
1994
Courtesy: The Day Company REALTORS 812-883-5112
View additional info

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.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
2022011879
Type:
Office
Lot size:
0.08 Acres
Year built:
1935
Courtesy: Real Estate Unlimited 502-454-4404
View additional info

ADDITIONAL INFORMATION

Sitting on the beautiful public square steeped w/history, this building continues to be one of the most grandiose retail establishments in Salem. Boggs and Justi, a mens clothier; The Fashion , stylish women's attire; and since 1998 T's Antiques have called it home. These merchants used the first floor for their retail and second floor for storage/stockroom. The mezzanine at the rear of the fl retail space has been used as an office by current owner. The Knights of Pythias used the third fl for their lodge hall for many years. To accommodate out of town guests, current owner turned a portion of the 2nd fl into an apartment featuring a dynamic view of the beautiful Washington County Courthouse. The creativity of the new owner can take this building to new heights as it is 10,080 sq ft (3360 per floor) with a bath on each floor - offering endless possibilities!

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 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.


Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 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. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



Salem Real Estate

Salem is located in Indiana. Salem, Indiana has a population of 6,276. Salem is more family-centric than the surrounding county with 27.62% of the households containing married families with children. The county average for households married with children is 26.57%.

The median household income in Salem, Indiana is $43,021. The median household income for the surrounding county is $53,932 compared to the national median of $69,021. The median age of people living in Salem is 37.9 years.

Salem Weather

The average high temperature in July is 87 degrees, with an average low temperature in January of 22.7 degrees. The average rainfall is approximately 45.7 inches per year, with 14.4 inches of snow per year.

Salem Map

Salem Real Estate Market Conditions

  • Median sales price

    $164,900
    15.2%
    change since last quarter
  • # Active listings

    977
    30-day change

Salem Schools and Demographics

Education near Salem, IN

City County
High School Graduates 84.29 86.67
College Degree - 2 year 12.55 10.34
College Degree - 4 year 12.27 12.84
Graduate Degree 3.35 2.81
Expenditures per Student 12,085 12,085
Students per Teacher 13.7 13.7

Elementary Schools near Salem, IN

Grades Students P/T Ratio ZIP
Bradie Shrum Elementary KG - 05 909 18.9 47167
East Washington Elementary School KG - 04 528 22 47165
Johnson Elementary School PK - 05 221 13.8 47170
Morgan Elementary School PK - 05 484 21 47164
Scottsburg Elementary School KG - 05 480 20.9 47170
Vienna-Finley Elementary School KG - 05 310 18.2 47170
West Washington Elementary School KG - 06 410 17.1 47108

Middle Schools near Salem, IN

Grades Students P/T Ratio ZIP
East Washington Middle School 05 - 08 493 19.3 47165
Salem Middle School 06 - 08 463 14.9 47167
Scottsburg Middle School 06 - 08 594 18 47170

High Schools near Salem, IN

Grades Students P/T Ratio ZIP
Eastern High School 09 - 12 450 17.3 47165
Salem High School 09 - 12 560 17 47167
Scottsburg Senior High School 09 - 12 858 18.9 47170
West Washington Junior/Senior High School 07 - 12 407 15.1 47108

Demographics near Salem, IN

City County
Neighborhood Type Suburban
Population 6,276 28,025
Population Density 1,569 55
Median Age 37.9 40.7
People per Household 2.5 2.6
Median Household Income 43,021 53,932
Average Income per Capita 22,633 26,393

Real estate near Salem