Salem, IN
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    Salem, IN Grocery And Convenience Stores 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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    Established Restaurant and Retail Business
    $550,000
    Established Restaurant and Retail Business

    800 N Main Street, Salem, IN 47167

    Award-winning business opportunity with real estate and all assets.
    • Established, award‑winning Cheddar Depot business with strong daily traffic on Main St.
    • Sale includes real estate, all recipes, machines, and inventory for a seamless transition.
    • Diverse menu featuring hand‑dipped ice cream, cheese, fudge, candies, deli sandwiches, and catering services.
    • Known for shipping cheeses throughout the US.
    • High‑traffic location near schools, hospital, nursing homes, and factories.
    Updated: Oct 9, 2023
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    Based on your search, we've compiled 21 Potential Opportunities for your consideration. Besides 2 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads, 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.

    Prime Louisville Business Opportunity
    $350,000
    1,960 SF
    Prime Louisville Business Opportunity

    Turnkey Restaurant/Grocery, 2014 Build

    1444 Dixie Hwy, Louisville, KY 40210

    View details
    Commercial Buildings Near Patoka Lake
    Contact for pricing
    2,298 SF
    Commercial Buildings Near Patoka Lake

    Commercial buildings near Patoka Lake and Hoosier National Forest.

    4421 W County Road 640 S, Paoli, IN 47454

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    Commercial Property Near Patoka Lake
    $100,000
    Commercial Property Near Patoka Lake

    Commercial property suitable for restaurant, store, or residence near lakes.

    5579 S State Road 37, Paoli, IN 47454

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    Grocery Store/Restaurant Building For Sale
    $375,000
    Grocery Store/Restaurant Building For Sale

    Grocery store/restaurant building constructed in 2014, other uses possible.

    1444 Dixie Highway, Louisville, KY 40210

    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.

    Crawford County Land For Sale
    $525,000
    18.00 Acres
    Crawford County Land For Sale

    18 acres of commercial land near I-64 interchange.

    State Road 66, Leavenworth, IN 47137

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    Bloomington Commercial Land For Sale
    $899,900
    1.22 Acres
    Bloomington Commercial Land For Sale

    Commercial lot in high-traffic area, ready for building.

    4125 W State Road 46, Bloomington, IN 47404

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    Street-Front Commercial Land Parcel
    $275,000
    1.20 Acres
    Street-Front Commercial Land Parcel

    Commercial land parcel with street frontage and strong adjacency to established health and retail businesses.

    910 S Dixie Boulevard, Radcliff, KY 40160

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    Roadside Business Development Land
    $6,000,000
    19.70 Acres
    Roadside Business Development Land

    19.7-acre roadside business site with 2,270 ft frontage and 13,551 VPD along US 31.

    7221 US 31 S, Edinburgh, IN 46124

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    Off-Market Properties in Salem, IN

    Consider similar Off-Market properties in 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.

    1110 Mulberry St
    GROCERY, SUPERMARKET
    13,790 SF Lot: 1.69 Acres

    1110 Mulberry St, Salem, IN 47167-1500

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    5155 State Rd 56
    CONVENIENCE STORE
    5,724 SF Lot: 0.87 Acres
    Value Estimation by Request

    5155 State Rd 56, Salem, IN 47167-7063

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    105 Hugh Veteran Dr
    GROCERY, SUPERMARKET
    10,804 SF Lot: 2.66 Acres
    Estimated value
    $515,000

    105 Hugh Veteran Dr, Salem, IN 47167-6909

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    300 Main St
    CONVENIENCE STORE
    504 SF Lot: 0.28 Acres
    Value Estimation by Request

    300 Main St, Salem, IN 47167-1322

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    604 Hackberry St
    CONVENIENCE STORE
    2,073 SF Lot: 0.48 Acres
    Value Estimation by Request

    604 Hackberry St, Salem, IN 47167-2216

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    306 Main St
    CONVENIENCE STORE
    2,380 SF Lot: 0.41 Acres
    Value Estimation by Request

    306 Main St, Salem, IN 47167-2016

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    1322 Jackson St
    CONVENIENCE STORE
    2,726 SF Lot: 1.00 Acre
    Value Estimation by Request

    1322 Jackson St, Salem, IN 47167-9168

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    1306 Mulberry St
    CONVENIENCE STORE
    1,725 SF Lot: 0.44 Acres
    Value Estimation by Request

    1306 Mulberry St, Salem, IN 47167-9433

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    700 Main St
    CONVENIENCE STORE
    2,400 SF Lot: 1.12 Acres
    Value Estimation by Request

    700 Main St, Salem, IN 47167-1042

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    1311 Hackberry St
    CONVENIENCE STORE
    735 SF Lot: 1.17 Acres
    Value Estimation by Request

    1311 Hackberry St, Salem, IN 47167-9604

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    Es Of Main St
    CONVENIENCE STORE (W/FUEL PUMP)
    180 SF Lot: 0.44 Acres
    Value Estimation by Request

    Es Of Main St, Salem, IN 47167

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    Salem, IN Grocery And Convenience Stores Investment Opportunities Market Analysis

    Explore 13 grocery and convenience stores for sale in Salem, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $749,900.

    Sale prices for supermarkets in Salem, IN start at $199,900, averaging $374,950, and reaching up to $550,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 3
    Grocery and convenience stores 2
    Banks 1

    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 average listing prices of real estate assets

    Neighborhood Average Price
    47167 $375K

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

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