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1110 Mulberry St Salem, IN 47167

For Sale
$850,000

1.69 Acres, 14,000+ SF, High Visibility

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional commercial property in Salem, Indiana, presents a unique opportunity for expansion or relocation. Spanning 1.69 acres, the property boasts a substantial 14,000 square-foot building, offering significant flexibility for a variety of commercial ventures. A brand-new, 3,426 square-foot office space features six private offices, a welcoming foyer, a dedicated conference room, and ample storage. Efficient loading and unloading are facilitated by two loading docks. The property also benefits from extensive parking, accommodating over 60 vehicles or providing ample space for tractor-trailers. Security features include fencing around the parking lot and the front of the building. Recent upgrades include a new fire suppression system, a new fire alarm system, multiple new HVAC units, partial roof resealing, new commercial gutters and downspouts, a complete exterior repainting, and parking lot sealcoating (completed July 5th-9th). Utilities are provided by the City of Salem, Duke Energy, and Midwest Natural Gas. Three standards for additional parking lot lighting are in place. This property's combination of size, location, and recent improvements makes it an ideal investment for businesses seeking growth and a strategic presence in Salem.

Property Features for 1110 Mulberry St

General Information

Property type
Investment properties
Lot Size
73,616 SF

Building Details

Year Built
1970

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Investment properties

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Salem
County
Washington
State
Indiana
Longitude
-86.11563
Latitude
38.60863

FAQs

What type of property is this?
Investment property - 1.69 Acres, 14,000+ SF, High Visibility
Where is this investment property located?
The property is located at 1110 Mulberry St Salem, IN.
What is the asking price?
The asking price for this property is $850,000.
More about this property
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