This beautiful old building is full of history in the downtown Salem district. With some work this gem of a building could be an amazing location for your business. If you are looking to purchase a building as an investment property. Or potentially a place for your business you will want to check this location out. There is quite a bit of income potential. Some former business housed in this space included " The added touch"," Salem Cycles" and "Ritter Farms". The Commercial location includes three separate spaces for three individual businesses or could be combined into one large location on the main level. The main floor Has a newer HVAC unit. The upstairs has four separate rental units one is currently rented for $550 a month the other three units need some TLC to get them in rentable condition. Some plumbing and electrical work has been done. With some vision and some sweat equity this building could be a great investment opportunity! NOTE: Call the City of Salem to discuss availability of Tiff funds and other possible grants available. Call today for your private showing!
Former restaurant (Long John Silvers) Over 1700 Sf of space - zoned commercial.
If you are looking for prime downtown property with additional income, take a look at this downtown commercial property hosting (two) 1 bedroom apartments that have a private entry staircase. A full retail space offering over 700 square feet of possibilities on the main level. LVP tile and recently updated restroom and wiring throughout the full complex. A subdivided area which could be utilized for more income opportunity from the existing retail area with it's own access and entry door. This location offers main street traffic exposure at it best and is surrounded by other downtown offices and businesses. Historical charm is to be uncovered with the original tin ceiling tile more than 7 feet above the added dropped ceiling area within the retail, office areas. More Information and pictures are available on the multi-family listing EB451846.
Two exceptional living units updated with fresh paint and new carpeting. Range and Refrigerator provided for each unit. A very large living area with extra tall ceilings and new windows providing abundance of natural light. Each living unit also provides oversized spacious bedroom with walk in closets. A shared private staircase leads to each apartment on the second level of the building. This sale also includes a commercial space on the main level with over 700 sq. ft of retail space and a private and updated restroom. Huge newly replaced windows giving exceptional downtown overviews as tenants can enjoy living within short distance of downtown food markets, restaurants, close to city parks and community center also the downtown public theater. An abundance of historical charm from these multi-family living units.
Ideal Business Location Near I-57 Discover a prime commercial property located on US Route 50, just approximately one mile from I-57 Salem exit 116. This strategically positioned property offers an excellent opportunity for your business to thrive. Key Features: Building: Constructed in 2007 on a solid slab foundation. Space: Includes office space, restroom, and shop. Utilities: Equipped with electric, central air, and heat for year-round comfort. Shop Features: Two floor drains for convenience. Three garage doors, including two power doors (9 x 7 1/2) and one manual (18 x 7). Steel cover installed for termite protection on the bottom section of shop walls. Storage: Convenient storage closet with dual-sided access. Attic storage above. Ideal for: Businesses requiring office space coupled with functional shop areas. Automotive repair shops, detailing, or any venture benefiting from versatile garage spaces. Unbeatable proximity to US Route 50 and I-57 Salem exit 116. If you are seeking a business location that combines convenience, functionality, and modern amenities, this property is a must-see. Schedule a viewing today to explore the potential this space holds for your business.
Turn-key property that is waiting for you! Previously Sakura Restaurant! This updated downtown restaurant that is in near the courthouse and other businesses is perfect for lunch time meetings, get-togethers, dates and small-time charm convenience. Have a different flair of food, no problem! This space comes with all the supplies needed to start your next adventure! Sinks, ovens, dishes, spacious coolers, it's all there ready for you! All the property needs is YOU! Plenty of storage room and has the capability of space to expand as well. Don't miss out on starting your dream! Call today to schedule a showing.
Investment opportunity! Check out this commercial lot ready for you to create and build. Placed next to the interstate for access to potential customers/clients for your business. Utility access on property. Small shed available on property for storage
SELLER WILL PARTITION AT $4.20 PER SQURE FOOT. Abuts I-57 On/Off ramp at exit 116. Ideal location in the ENTERPRISE ZONE on Salem's West side; Zoned B-4 Interchange Business District. Utilities on site.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Salem is located in Illinois. Salem, Illinois has a population of 7,269. Salem is less family-centric than the surrounding county with 24.18% of the households containing married families with children. The county average for households married with children is 26.8%.
The median household income in Salem, Illinois is $51,559. The median household income for the surrounding county is $53,209 compared to the national median of $69,021. The median age of people living in Salem is 36.8 years.
The average high temperature in July is 87.5 degrees, with an average low temperature in January of 20.4 degrees. The average rainfall is approximately 43.6 inches per year, with 11.5 inches of snow per year.
