Historic Downtown Retail
For Sale
$68,000
105 E State Street, Salem, OH 44460
Historic retail storefront built in 1851 with two upstairs apartments awaiting remodeling.
Property SizeContact for details
Days on Market66
Property Features for 105 E State Street
General Information
Standard status
Active
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$674
Amenities
Natural Gas
Building Details
Year Built
1851
Listing Agency:
Dermotta Real Estate LLC
(330) 853-9585
Listed By:
Harry Hofmeister · License #238242
(330) 853-9585
Source:
Evrealestate
Added: Jun 20
Changed: Aug 23
Last Checked: Aug 23 at 5:03AM
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 Dermotta Real Estate LLC
Investment Insights
Based on property information with market context.
This historic downtown storefront was built in 1851 and represents the oldest retail building in Salem. The property includes retail space on the main level and two apartments upstairs, which are currently available for a remodeling update.
Situated at the eastern start of the retail corridor in Salem, the building is positioned for pedestrian-focused street retail.
With a long ownership history, this is a straightforward purchase for buyers looking to own and update a mixed retail-and-residential building in the heart of downtown Salem.
Situated at the eastern start of the retail corridor in Salem, the building is positioned for pedestrian-focused street retail.
With a long ownership history, this is a straightforward purchase for buyers looking to own and update a mixed retail-and-residential building in the heart of downtown Salem.
Key Highlights
- Historic retail storefront built in 1851 in Salem
- Two upstairs apartments included, awaiting remodeling
- Downtown storefront at the eastern start of Salem’s retail corridor
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
58k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 27%
Beauty & Spa 1%
Speedway
Shops & Services
14,042 visits/mo
0.1 miles
Huntington Bank
Shops & Services
10,325 visits/mo
0.3 miles
KFC
Dining
7,515 visits/mo
0.3 miles
Chase Bank
Shops & Services
5,804 visits/mo
0.1 miles
Pizza Hut
Dining
4,330 visits/mo
0.2 miles
Demographics for 44460, OH
25,393
Population
11,595
Households
2.2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
107.4 sq mi
ZIP Area
236
Density / Sq Mi
$59,882
Median Household Income
$35,912
Median Earnings
$770
Median Rent
$153,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- A Touch of Gracious Living — 435 E State St, Salem, OH 44460
- Flowers & Gifts by Grace — 890 E State St, Salem, OH 44460
Frequently Asked Questions
What type of property is this?
Storefront property - Historic retail storefront built in 1851 with two upstairs apartments awaiting remodeling.
Where is this storefront property located?
The property is located at 105 E State Street Salem, OH.
What is the asking price?
The asking price for this property is $68,000.
What are key features of this property?
This property features: Historic retail storefront built in 1851 in Salem; Two upstairs apartments included, awaiting remodeling; Downtown storefront at the eastern start of Salem’s retail corridor
