Versatile Commercial Property with
206 W Walnut Street Salem, IN 47167
206 W Walnut Street, Salem, IN, 47167
$199,900
For Sale
$199,900
Large commercial property with multiple buildings and ample parking.
Property Size4,000 SF
Lot Size0.86 Acres
Price / SF$49.98
Days on Market2200
Property Features for 206 W Walnut Street
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.86 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1965
Listing agency
Mainstreet REALTORS
(812) 883-9555
Listed by
Debbie Curtis · License #RB14032127
(812) 883-9555
Source
Xome
Added: Jul 13, 2020 Updated: Jul 10 at 3:45PM Checked: Jul 21 at 3:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mainstreet REALTORS
Investment Insights
Based on property information with market context.
This commercial property offers numerous possibilities, featuring two separate parcels bordering two main roads and totaling 0.86 acres. The main building provides approximately 4,000 square feet of open space, complemented by two offices, a bathroom, a receiving dock, and two entry doors. Enhancements completed in 2017 include two new AC units, two new furnaces, a new water heater, new flooring, and a partially new roof. The property was freshly painted in 2023. In addition to the main building, there are three additional structures: an open-sided building measuring 24 x 60 x 14 feet, a 26 x 50 foot building with a large room and garage door, and a storage building with three sliding doors and four open bays previously used for mulch storage. Approximately 35 parking spots are available, with the potential for more if the adjoining lot is converted into parking. The property was previously utilized as a hardware, lawn, and garden center. Potential uses include lawn and garden, hardware, flea market, mower shop, floral shop, or other retail businesses.
Key Highlights
- Large commercial property with 4,000 sq. ft of open space on .86 acres.
- Located on 2 separate parcels bordering 2 main roads.
- Includes 3 additional buildings: open‑sided 24 x 60 x 14, 26 x 50 with garage door, and storage building with 3 sliding doors and 4 open bays.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Miller Hardware
Garden Center
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Large commercial property with multiple buildings and ample parking.
Where is this storefront property located?
The property is located at 206 W Walnut Street Salem, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Large commercial property with **4,000 sq. ft of open space** on .86 acres.; Located on 2 separate parcels bordering 2 main roads.; Includes 3 additional buildings: open‑sided 24 x 60 x 14, 26 x 50 with garage door, and storage building with 3 sliding doors and 4 open bays.
