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    Salem, IN Commercial Real Estate for Sale

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    Pekin, IN Borden, IN Scottsburg, IN
    51 listings
    Spacious Commercial Building with Parking
    $199,900
    10,246 SF
    Spacious Commercial Building with Parking

    300 W Mulberry Street, Salem, IN 47167

    Large commercial building suitable for various business ventures.
    • Massive commercial building with ample parking space.
    • Versatile building previously used as a church, grocery store, and theater.
    • Potential for conversion into two apartments (work already started).
    • Concrete slab foundation.
    • Features two full restrooms with two stalls each.
    Updated: May 20
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    Mixed-Use Office & Residential Building
    $250,000
    4,388 SF
    Mixed-Use Office & Residential Building

    106 S Main Street, Salem, IN 47167

    Offers office space plus two apartments, with additional basement office rental area for flexible income use.
    • Historic commercial building built in 1910, located just off the south side of the Historic Salem Square.
    • Main level includes a rear 1 bed/1 bath apartment with a separate entrance from the back.
    • Main level front offers office space with a full bathroom.
    • Upstairs apartment features 3 bedrooms and 2 bathrooms.
    • Basement includes 27 x 15.8 office rental space for additional income.
    Updated: Jun 8
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    Versatile Mixed-Use Commercial Property
    $299,000
    7,548 SF
    Versatile Mixed-Use Commercial Property

    Mixed-use property with storefronts, parking, and residential potential.

    18 Public Sq, Salem, IN 47167

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    Commercial Land with Zoned Portions
    $199,900
    2.40 Acres
    Commercial Land with Zoned Portions

    A development tract with both commercial-zoned and unzoned acreage, positioned near the bypass for business access.

    S Westminster Drive, Salem, IN 47167

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    Commercial Land Parcel
    $199,900
    0.26 Acres
    Commercial Land Parcel

    Multi-part land parcel totaling 2.3959 acres near the bypass, with both commercial-zoned and unzoned areas.

    S Westminster Drive, Salem, IN 47167

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    Salem Land with Damaged Building
    $500,000
    8.44 Acres
    Salem Land with Damaged Building

    8.5 acre property with fire-damaged building between Salem and Scottsburg.

    6155 E State Road 56 Road, Salem, IN 47167

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    Updated Commercial Building with Apartment
    $299,000
    2,958 SF
    Updated Commercial Building with Apartment

    Updated commercial building with apartment in Salem, Indiana.

    62 Public Sq, Salem, IN 47167

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    Commercial Land on State Road
    $500,000
    8.43 Acres
    Commercial Land on State Road

    8.5 acres of commercial land between Salem and Scottsburg.

    6155 E State Road 56, Salem, IN 47167

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    Agricultural and Residential Land
    $259,900
    24.70 Acres
    Agricultural and Residential Land

    24.7-acre parcel with pasture, wooded areas, and stream features, suitable for septic and zoned Agri/Residential.

    W Highway 60 at Temple Rd, Salem, IN 47167

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    Turnkey Income-Generating Homestead Property
    $795,000
    4,001 SF
    Turnkey Income-Generating Homestead Property

    Fully furnished, renovated farmhouse on 3 acres with managed homestead.

    3275 W Mount Tabor Road, Salem, IN 47167

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    Downtown Salem Commercial Building For Sale
    $299,000
    0.08 Acres
    Downtown Salem Commercial Building For Sale

    Well-maintained commercial building with storefronts, office space, and parking.

    18 Public Sq, Salem, IN

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    Tillable Farmland Tract with Road Frontage
    Contact for pricing
    45.47 Acres
    Tillable Farmland Tract with Road Frontage

    Mostly tillable acreage with broad frontage on Broadway Road and utility availability in Washington County, Indiana.

    Tract 2 - E Broadway Street, Salem, IN 47167

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    Prime Tillable Farmland Tract
    Contact for pricing
    42.60 Acres
    Prime Tillable Farmland Tract

    Mostly tillable Washington County farmland tract with Broadway Road frontage and utilities available.

    Tract 1 - E Broadway Street, Salem, IN 47167

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    Farmland with Road Frontage
    Contact for pricing
    39.96 Acres
    Farmland with Road Frontage

    Income-producing farmland with quality soils, a barn, and utilities available, with road frontage on Broadway Road.

    Tract 3 - E Broadway Street, Salem, IN 47167

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    Versatile Commercial Property on Large Lot
    $850,000
    14,000 SF
    Versatile Commercial Property on Large Lot

    Large commercial property with flexible space and ample parking.

    1110 W Mulberry Street, Salem, IN 47167

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    High Traffic Corner Land Parcel
    $350,000
    2.40 Acres
    High Traffic Corner Land Parcel

    Prime corner lot on Hwy 60, near retail and residential.

    1209 S Jackson, Salem, IN

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    Commercial Building with Parking Space
    $199,900
    0.61 Acres
    Commercial Building with Parking Space

    Versatile commercial building suitable for various business ventures.

    300 W Mulberry Street, Salem, IN 47167

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    Prime Commercial Land in Salem
    $750,000
    0.71 Acres
    Prime Commercial Land in Salem

    0.71 acre B-2 zoned land with high visibility.

    401 N Main Street, Salem, IN 47167

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    Land with Approved Storage Plans
    $199,900
    3,444 SF
    Land with Approved Storage Plans

    Land with approved plans for 88 storage units.

    1101 S Main Street, Salem, IN 47167

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    Prime Commercial Land Available
    $850,000
    14.51 Acres
    Prime Commercial Land Available

    14.51 acres with B-2 zoning in a prime location.

    1036 N Jim Day Road, Salem, IN 47167

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    Spacious Warehouse and Office Complex
    $1,800,000
    71,102 SF
    Spacious Warehouse and Office Complex

    22-acre property with warehouse and office space near town square.

    501 E Market Street, Salem, IN 47167

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    Versatile Flex Property on Main
    $359,900
    3,524 SF
    Versatile Flex Property on Main

    Flex property with offices, garage, storage, and income potential.

    205 N Main Street, Salem, IN 47167

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    Updated Log Cabin Home
    $275,000
    1,500 SF
    Updated Log Cabin Home

    Updated log cabin home on 10 acres with creek.

    3711 W Vincennes Trail, Salem, IN 47167

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    Prime Commercial Space Available
    $120,000
    2,138 SF
    Prime Commercial Space Available

    Commercial space for sale or lease with high visibility.

    1408 W Mulberry Street, Salem, IN 47167

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    Salem, IN Commercial Real Estate Investment Opportunities Market Analysis

    Explore 72 commercial real estate for sale in Salem, IN, showcased through 51 active listings on our real estate platform. These investment opportunities span a total of 203,310 square feet of properties for sale, with an estimated market value of $11,565,180.

    Sale prices for business properties in Salem, IN start at $109,000, averaging $398,799, and reaching up to $1,800,000 — 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 16K
    Population Growth (5Y) +6.2%
    Median Household Income $57,697
    College Educated 18.6%

    High-Yield Neighborhoods for 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 $432.9K

    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%

    Listings Trend

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