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North Salem, IN

North Salem, IN Commercial Real Estate for Sale

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Jamestown, IN Lizton, IN Danville, IN Pittsboro, IN Roachdale, IN Coatesville, IN Brownsburg, IN Crawfordsville, IN

Agricultural Land with Road Frontage

Updated: May 25

Agricultural Land with Road Frontage

N State Road 75, North Salem, IN 46165

$1,360,000

80.00 AC lot

80 acres of agricultural land
Agricultural zoning
Flat terrain across the parcel
Mature trees included
Road frontage on N State Road 75

Turnkey Breakfast Restaurant

Updated: Jul 17

Turnkey Breakfast Restaurant

7 W Pearl St, North Salem, IN 46165

$350,000

2,520 sqft

Recently updated interior with new flooring, painting throughout, and LED lighting
New kitchen equipment included in the sale (except four stainless steel tables)
Included dining and service essentials: tables/chairs, dishes, and utensils
Partially completed exterior cooler, with remaining wall and cooler system available on site
Coffee, hot chocolate, and ice tea machines stay only if new owner purchases supplies from Farmer Brothers

Recreational Farmland with Woods

Recreational Farmland with Woods

6125 State Road 236, North Salem, IN 46165

$450,000

20.1-acre tract with wooded area and approximately 6 acres of tillable ground, accessed via easement off State Road 236.

See what stands out in Hendricks County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

Cap Rate available after sign in

NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 62 Potential Opportunities for your consideration. Besides 3 Active listings in North Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 55 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Three-Level Retail Building

Three-Level Retail Building

405 N Church St, Lizton, IN 46149

$349,900

6,670 sqft

Three-level retail building offering more than 6,000 SF with hardwood floors and original wood partitions.

Restaurant Building with White Box Interior

Restaurant Building with White Box Interior

6 E Main St, Jamestown, IN 46147

$360,000

2,651 sqft

Built in 2019, the property offers an unfinished interior suitable for restaurant or office buildout.

Two-Parcel Warehouse with Garage

Two-Parcel Warehouse with Garage

121 S Lebanon St, Jamestown, IN 46147

$80,000

Warehouse/garage on two city lots with electricity, two overhead doors, a service door, and a metal roof.

Dollar General Store in Lizton

Dollar General Store in Lizton

101 N State St, Lizton, IN 46149

Contact for pricing

9,026 sqft

9,504 SF Dollar General store in Indianapolis MSA.

Off-Market Properties in North Salem, IN

Consider similar Off-Market properties in North Salem, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

169 Main St

WHOLESALE OUTLET, DISCOUNT STORE

169 Main St, North Salem, IN 46165-9526

Estimated value:

$530,000

9,100 sqft 2.00 AC lot

Air Lots

COMMERCIAL (GENERAL)

Air Lots, North Salem, IN 46165

Estimated value:

$285,000

3,600 sqft

101 Main St

MINI-WAREHOUSE, STORAGE

101 Main St, North Salem, IN 46165

Estimated value:

$285,000

1,040 sqft 0.33 AC lot

101 Pearl St

RETAIL STORES (PERSONAL SERVICES)

101 Pearl St, North Salem, IN 46165-9551

Estimated value:

$185,000

3,600 sqft 0.12 AC lot

7 Pearl St

RESTAURANT

7 Pearl St, North Salem, IN 46165-9550

Estimated value:

$275,000

2,520 sqft 0.06 AC lot

1 Pearl St

COMMERCIAL (GENERAL)

1 Pearl St, North Salem, IN 46165

Estimated value:

$190,000

2,096 sqft 0.16 AC lot

6269 State Rd 75

COMMERCIAL (GENERAL)

6269 State Rd 75, North Salem, IN 46165-9317

Estimated value:

$260,000

0.14 AC lot

301 Railroad St

COMMERCIAL (GENERAL)

301 Railroad St, North Salem, IN 46165-9555

Estimated value:

$180,000

1,950 sqft 0.07 AC lot

11 Pearl St

RETAIL STORES (PERSONAL SERVICES)

11 Pearl St, North Salem, IN 46165-9550

Estimated value:

$225,000

1,032 sqft 0.03 AC lot

13 Pearl St

OFFICE (GENERAL)

13 Pearl St, North Salem, IN 46165-9550

Estimated value:

$180,000

2,064 sqft 0.06 AC lot

14 Pearl St

RETAIL STORES (PERSONAL SERVICES)

14 Pearl St, North Salem, IN 46165-9550

Estimated value:

$240,000

1,200 sqft 0.03 AC lot

14 Pearl St

COMMERCIAL (GENERAL)

14 Pearl St, North Salem, IN 46165-9550

Estimated value:

$245,000

0.06 AC lot

14 Pearl St

VACANT COMMERCIAL LAND

14 Pearl St, North Salem, IN 46165-9550

Estimated value:

$255,000

0.01 AC lot

14 Pearl St

PARKING LOT

14 Pearl St, North Salem, IN 46165-9550

Estimated value:

$240,000

0.02 AC lot

14 Pearl St

VACANT COMMERCIAL LAND

14 Pearl St, North Salem, IN 46165-9550

Estimated value:

$255,000

17 Pearl St

VACANT COMMERCIAL LAND

17 Pearl St, North Salem, IN 46165

Estimated value:

$255,000

0.01 AC lot

17 Pearl St

RETAIL STORES (PERSONAL SERVICES)

17 Pearl St, North Salem, IN 46165

Estimated value:

$255,000

2,332 sqft 0.03 AC lot

17 Pearl St

RETAIL STORES (PERSONAL SERVICES)

17 Pearl St, North Salem, IN 46165

Estimated value:

$245,000

1,222 sqft 0.03 AC lot

Air Lots

RETAIL STORES (PERSONAL SERVICES)

Air Lots, North Salem, IN 46165

Estimated value:

$230,000

1,080 sqft

11 Main St

OFFICE (GENERAL)

11 Main St, North Salem, IN 46165-9529

Estimated value:

$240,000

1,472 sqft 0.17 AC lot

100 California St

PARKING LOT

100 California St, North Salem, IN 46165-9516

Estimated value:

$245,000

0.19 AC lot

North Salem, IN Commercial Real Estate Market Trends and Statistics

Explore 58 commercial real estate for sale in North Salem, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,520 square feet of properties for sale, with an estimated market value of $2,160,000.

Sale prices for business properties in North Salem, IN start at $350,000, averaging $720,000, and reaching up to $1,360,000 — 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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Demographics Overview

Population 2,060

Population Growth (5Y) +39.5%

Median Household Income $88,348

College Educated 35.0%

High-Yield Neighborhoods for Investment

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

Neighborhood	Average Price
46165	$720K

Taxes & Financing

Tax Rate (average for all types) 2.22%

Property Tax per SF $19.36 per SF

Tax Rate vs County Average 0.38 pp above county avg

Average Loan-to-Value 65.0%

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