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.
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.
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.
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.
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.
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!
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.
Commercial lots in growing business section 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! :)
LOOKING FOR THAT PERFECT OFFICE SPACE....convenient location on busy highway with HIGH visibility. Room for 4 separate offices, kitchen and bath complete, roomy garage and basement for storage. Paved parking area with circular drive for easy ingress and egress. Natural gas forced air furnace and central air. New carefree metal roof. Large supply closet. Don't let this be the one you wish you had...
THIS HANDS DOWN IS THE BEST LOCATION..... Situated on a corner location at 4 way stoplight of intersecting State Road 56 & State Road 135.... This is Zoned B-2, traffic count is VERY HIGH at all times of the day. Lot measures .71 acres, currently 2 homes, 3 lots, multiple 5 garage storage, & 2 rental units. All city amenities are here. STOP AND LOOK AT THE POTENTIAL. Call today.
Location Location!! FANTASTIC BUSINESS OPPORTUNITY!! Great commercial building or residential home with CHARACTER on the HISTORIC North Main Street in Salem. Also, 2 efficiency apartments in the back for additional income. This building is currently being used as the Quality Tax Office but has many possibilities such as retail, small office space, doctors office, boutique and much more. There is 2189 sq. ft. that offers a large LOBBY, LARGE CONFERENCE ROOM, 4-6 office spaces, entry Foyer, an upstairs area with pocket windows and large 8 x 10 closet for storage, Kitchen area and bathroom, SUNROOM, and a covered back porch area. This is the former James L. Tucker house with lots of history. Multi purpose.. you could live where you work. Amenities include original HARDWOOD FLOORS, NATURAL WOODWORK THROUGHOUT, doors with brass fixtures, 2 sets of French doors with beveled glass. Updated wiring a few years ago, Boiler in cellar is 15 yrs. old, tankless water heater, replacement windows throughout downstairs (except sunroom). 8 parking spaces in the rear and street parking out front.
Prime B-1 Commercial Parcels with Office Building! 2 parcels, 1 parcel has the parking lot, the other houses the building itself. Corner lot with plenty of road frontage on Hackberry and Water Street! Potential of all kinds of businesses that could be put in here! Always wanted to run a thrift shop? Great spot! Office space, perfect place with plenty of parking and visibility as well as easy access! Call today for your showing!
INVESTMENT OPPORTUNITY ON HIGH TRAFFIC STATE HIGHWAY 56. Investors take note of this business opportunity! Successful and profitable convenient store/gas station located on a rural stretch of heavily traveled highway. Its paved corner lot offers plenty of parking room and visibility. The Deli offers hot meals and cold sandwiches that are made to go or you can conveniently eat at the counter area. The Retail building totals 5,700 SF, 6 BRAND NEW COMPUTERIZED gas pumps with an additional gas pump that allows customers the option of off road diesel and kerosene, a large walk-in cooler, and a freezer. Shelving included. ADDITIONAL office space with a separate entrance that can be leased out for an additional source of income. ABSOLUTELY NO LEASING!
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. Private tours only. Contact Chad Motsinger to schedule 812-498-4087.
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.
2.3959 acres on outskirts of town! PRIME commercial spot! Near the bypass! Don't miss out! This is a GREAT time to build with all the growth coming to our community! Call today!
REDUCED...MOTIVATED SELLER...OVER A HALF CENTURY VERY WELL ESTABLISHED PITTS LIQUOR STORE......This is your one opportunity for a turn key HIGHLY PROFITABLE business. This includes the 3646 sf building located 1 block off Salem Courthouse Square on S MAIN STREET, situated on a corner lot with paved parking, heavy traffic area, LIQUOR LICENSE, REAL ESTATE, ALL STOCK, BACK INVENTORY, ALL STORE EQUIPMENT STAY. Seller will transition new buyer. Established in 1948. Wonderful opportunity.
Commercial lots in growing business section 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! :)
TAKE AT LOOK AT THIS INCOME PRODUCING OPPORTUNITY....FANTASTIC TENANT in part of one building wants to stay, 2 LARGE BUILDINGS PRIME AREA, VERY HIGH TRAFFIC COUNT.....one is 52 x 80 heat, bathroom, display windows, concrete floor. The other is 36 x109, bathroom, office area, storage in back, concrete floor & wood laminate, display window, paved parking lot. All city utilities.
Prime B-1 Commercial Parcels with Office Building! 2 parcels, 1 parcel has the parking lot, the other houses the building itself. Corner lot with plenty of road frontage on Hackberry and Water Street! Potential of all kinds of businesses that could be put in here! Always wanted to run a thrift shop? Great spot! Office space, perfect place with plenty of parking and visibility as well as easy access! Call today for your showing!
Large home, formal dining, eat-in kitchen, 3 bedroom, 2 bath, partial basement detached garage. Zoned both Residential & Commercial. High visibility, great opportunity to run an in-home business. Call for your private showing today!
BUSINESS SPACE or INVESTMENT OPPORTUNITY or BOTH!! This location on the west side of Salem, IN sits in a highly visible area at the Jct. of W. State Road 56 & W. State Road 60. Property could potentially have three businesses in one location. Front building could be used as one unit or easily converted to a business duplex. Rear building has a 15x30 office area with half bath & 3 car garage. Both buildings are equipped with NGFA heating. Ample parking, access from two points & signage.
What a great opportunity! Prime commercial OR Victorian Residential 3bd/1.5ba! Old spring house where founding fathers gathered is on site! 2.21 acres in the heart of Salem, right on the main strip! Property is completely fenced in. 1.5 story home full of old fashioned character! 20x24 detached garage. 28x28 barn with loft. Perfect location for your new business or dream home! Endless Opportunities for this property!
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.
BUILD IT AND THEY WILL COME..... This prime location has a very high traffic count daily and situated a busy stoplight intersection, this amazing location has a front as well as a back entrance on S High Street. All city utilities are available. So many options with this location... restaurant, retail, office, sales, the possibilities are endless. Start dreaming today!
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 2026, Southern Indiana Realtors Association. All rights reserved.
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.
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.
