Selma, IN Commercial Real Estate for Sale

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Historic Wedding Venue with Pond
Updated: Apr 18
Historic Wedding Venue with Pond

3011 S Whitney Road, Selma, IN 47383

$340,000
7.56 AC lot
7.56‑acre wedding and event venue property in Selma, Indiana
Remodeled historic cabin built in 1841
Private 3/4‑acre pond with fountains
Newer restroom building with separate men's and women's facilities
Pergola, brick gathering areas, lounge, patio, and distributed electrical service
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Spa & Wellness Property with Salon Fixtures
Updated: Nov 14, 2025
Spa & Wellness Property with Salon Fixtures

305 S Albany Street, Selma, IN 47383

$139,900
0.18 AC lot
Furnished hair salon with 3 stylist stations
Primary salon and waiting room measures 25' x 16'
Two additional rooms measure 9' x 6' each
Tanning bed, retail showcase, vending machines, chairs, mats, and décor included
Kitchen/laundry area includes refrigerator, microwave, washer, and dryer
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Tillable Farmland Parcel
Tillable Farmland Parcel

11990 E County Road 400 S, Selma, IN 47383

$229,000
15.00 AC lot

Agricultural acreage currently supports a cash-rental arrangement and may be offered with additional improvements and land.

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See what stands out in Delaware 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.

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Turnkey Wedding Event Venue Estate
Turnkey Wedding Event Venue Estate

3011 S Whitney Road, Selma, IN 47383

$340,000
2,200 sqft 7.50 AC lot

Turnkey wedding venue on scenic acreage with pond, remodeled 1841 cabin, and purpose-built restroom facilities.

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Furnished Storefront with Salon Fixtures
Furnished Storefront with Salon Fixtures

305 South Albany Street, Selma, IN 47383

$139,900
7,841 sqft

Downtown storefront with salon equipment, multiple rooms, kitchen and laundry area, and on- and off-street parking.

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Based on your search, we've compiled 61 Potential Opportunities for your consideration. Besides 5 Active listings in Selma, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 52 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.

Corner-Lot Spa & Wellness Property
Corner-Lot Spa & Wellness Property

149 E Howard St, Parker City, IN 47368

$36,000
336 sqft

Salon configured for hair and nail services includes a half bathroom and off-street client parking.

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Office Building with ADA Restrooms
Office Building with ADA Restrooms

4701 BLK E JACKSON ST, Muncie, IN 47303

Contact for pricing
5,919 sqft

Configured with a lobby, private offices, break room, and on-site asphalt parking.

View details
Turn-Key Car Wash For Sale
Turn-Key Car Wash For Sale

415 E Jackson St, Parker City, IN 47368

Contact for pricing
1,708 sqft

Operating car wash with manual bays and vending machines.

View details
Commercial Land For Sale
Commercial Land For Sale

4700 Blk E Jackson St, Muncie, IN 47303

Contact for pricing

Commercial land with city utilities available and BV zoning.

View details

Off-Market Properties in Selma, IN

Consider similar Off-Market properties in Selma, 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.

10000 Blk E Muncie St
COMMERCIAL (GENERAL)

10000 Blk E Muncie St, Selma, IN 47383

Estimated value:
$250,000
0.15 AC lot
View details
10200 Adj E Cr 100n
COMMERCIAL (GENERAL)

10200 Adj E Cr 100n, Selma, IN 47383

Estimated value:
$250,000
0.42 AC lot
View details
9920 County Rd 167th S
COMMERCIAL (GENERAL)

9920 County Rd 167th S, Selma, IN 47383-9605

Estimated value:
$45,000
1,824 sqft 2.30 AC lot
View details
306 Albany St
RETAIL STORES (PERSONAL SERVICES)

306 Albany St, Selma, IN 47383

Estimated value:
$235,000
798 sqft 0.06 AC lot
View details
6700 County Rd 560th E
VACANT COMMERCIAL LAND

6700 County Rd 560th E, Selma, IN 47383-9601

Estimated value:
$235,000
3.70 AC lot
View details
Selma, IN 47383
COMMERCIAL (GENERAL)

Selma, IN 47383

Estimated value:
$280,000
4,880 sqft 4.13 AC lot
View details
11705 Us Hwy 35
COMMERCIAL (GENERAL)

11705 Us Hwy 35, Selma, IN 47383-9370

Estimated value:
$170,000
2,318 sqft 1.13 AC lot
View details
9805 Jackson St
OFFICE (GENERAL)

9805 Jackson St, Selma, IN 47383

Estimated value:
$275,000
15,896 sqft 0.50 AC lot
View details
9211 Jackson St
VACANT COMMERCIAL LAND

9211 Jackson St, Selma, IN 47383-9598

Estimated value:
$245,000
2.59 AC lot
View details
308 Albany St
COMMERCIAL (GENERAL)

308 Albany St, Selma, IN 47383

Estimated value:
$175,000
2,484 sqft 0.10 AC lot
View details
10101 Jackson St
COMMERCIAL (GENERAL)

10101 Jackson St, Selma, IN 47383-9461

Estimated value:
$255,000
4,234 sqft 0.71 AC lot
View details
Pittenger Rd
VACANT COMMERCIAL LAND

Pittenger Rd, Selma, IN 47383

Estimated value:
$160,000
5,052 sqft 0.38 AC lot
View details
6400 County Rd 560th E
RETAIL STORES (PERSONAL SERVICES)

6400 County Rd 560th E, Selma, IN 47383-9205

Estimated value:
$990,000
12,000 sqft 2.29 AC lot
View details
Selma, IN 47383
RETAIL STORES (PERSONAL SERVICES)

Selma, IN 47383

Estimated value:
$95,000
1,140 sqft 1.23 AC lot
View details
Pittenger Rd
VACANT COMMERCIAL LAND

Pittenger Rd, Selma, IN 47383

Estimated value:
by Request
504 sqft 0.07 AC lot
View details
9615 Jackson St
RETAIL STORES (PERSONAL SERVICES)

9615 Jackson St, Selma, IN 47383-9539

Estimated value:
$275,000
3,916 sqft 0.37 AC lot
View details
11749 Us Hwy 35
COMMERCIAL (GENERAL)

11749 Us Hwy 35, Selma, IN 47383-9794

Estimated value:
$260,000
2.00 AC lot
View details
400 County Rd 600th E
THEATER (MOVIE)

400 County Rd 600th E, Selma, IN 47383-9590

Estimated value:
$555,000
10,832 sqft 18.57 AC lot
View details
200  St
OFFICE (GENERAL)

200 St, Selma, IN 47383

Estimated value:
$2,965,000
59,040 sqft 9.03 AC lot
View details

Selma, IN Commercial Real Estate Market Trends and Statistics

Explore 57 commercial real estate for sale in Selma, IN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 10,041 square feet of properties for sale, with an estimated market value of $1,188,800.

Sale prices for business properties in Selma, IN start at $139,900, averaging $237,760, and reaching up to $340,000 — 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 2,564
Population Growth (5Y) -17.2%
Median Household Income $59,700
College Educated 30.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
47383 $239.8K

Taxes & Financing

Tax Rate (average for all types) 1.13%
Property Tax per SF $42.07 per SF
Tax Rate vs County Average 1.03 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Delaware County

New Delisted

Total CRE Inventory on Market (SF)

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