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    Salem, IN
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    Salem, IN Churches & Religious Facilities for Sale

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    Pekin, IN Borden, IN Scottsburg, IN
    Commercial Building with Parking Space
    $199,900
    0.61 Acres

    Commercial Building with Parking Space

    300 W Mulberry Street, Salem, IN 47167

    Versatile commercial building suitable for various business ventures.

    • Large commercial building with ample parking.
    • Versatile space previously used as a church, grocery store, and theater.
    • Potential for conversion into two apartments (work already started).
    • Features two full restrooms with two stalls each.
    • Former large kitchen space suitable for a restaurant.
    Updated: Aug 3, 2023
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    Commercial Building with Parking
    $199,000
    10,246 SF

    Commercial Building with Parking

    300 W Mulberry Street, Salem, IN 47167

    Versatile commercial building with parking, suitable for various businesses.

    • Massive commercial building suitable for various businesses
    • Ample parking with 30 spaces
    • Concrete slab foundation
    • Potential for two apartments (work started)
    • Previously used as a church, grocery store, and theater
    Updated: Aug 2, 2023
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Church Building with Barn and Trailer
    $995,000
    5,876 SF

    Church Building with Barn and Trailer

    6.5 acre parcel with church, barn, and trailer.

    3311 Holmans Lane, Jeffersonville, IN 47130
    View details
    Church with Dual Sanctuaries
    $750,000
    10,831 SF

    Church with Dual Sanctuaries

    Church with two sanctuaries, classrooms, kitchen, and ample parking.

    2014 Allison Lane, Jeffersonville, IN 47130
    View details
    Multi-Use Building with Home Options
    $195,000
    2,900 SF

    Multi-Use Building with Home Options

    Versatile 2900+ sq ft building suitable for various purposes.

    1431 Highway 60, Borden, IN 47106
    View details
    Commercial Building on Hwy 60
    $75,000

    Commercial Building on Hwy 60

    Commercial building with potential for various business uses.

    1568 W Water Street, Borden, IN 47106
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land with Commercial and Residential Zoning
    $207,000
    135,036 SF

    Land with Commercial and Residential Zoning

    3.21+/- acres with utilities, buildings, and mixed zoning.

    87 Big Indian Road Northeast, Corydon, IN 47112
    View details
    Corner Lot on Shelbyville Road
    $1,353,000
    8.21 Acres

    Corner Lot on Shelbyville Road

    Large corner lot suitable for various developments with approvals.

    5133 Gray Road, Indianapolis, IN 46237
    View details
    Commercial Land Near Interstate I-69
    $64,900
    1.09 Acres

    Commercial Land Near Interstate I-69

    1.093 acres of commercial land with high traffic visibility.

    000 Waterfall Court, Madisonville, KY 42431
    View details
    Madisonville Commercial Land For Sale
    $180,000
    4.37 Acres

    Madisonville Commercial Land For Sale

    4.37 acres of commercial land in Madisonville, Kentucky.

    546 S Main Street, Madisonville, KY 42431
    View details

    Salem, IN Churches & Religious Facilities Investment Opportunities Market Analysis

    Explore 2 churches & religious facilities for sale in Salem, IN on our real estate platform. These investment opportunities span a total of 10,246 square feet of properties for sale, with an estimated market value of $199,000.

    Sale prices for church buildings in Salem, IN start at $199,000, averaging $199,000, and reaching up to $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    6-Month New Listing Trend

    Monthly new listing volume vs. 6-month average in Salem.

    Top Commercial Asset Segments

    Churches & religious facilities 2
    Nursery and garden centers 1
    Wedding venues 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) +6.2%
    Median Household Income $57,697
    College Educated 18.6%

    High-Yield Neighborhoods for Strategic Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    47167 $199.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.65%
    Property Tax per SF $46.11 per sq ft
    Average Loan-to-Value 65.0%

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