Historic Mixed-Use
For Sale
$250,000
106 S Main St, Salem, IN 47167
Two apartments are combined with office areas and additional basement rental space.
Property Size4,388 SF
Price / SF$56.97
Days on Market41
Property Features for 106 S Main St
General Information
Standard status
Active
Size
4,388 SF
Additional Details
Office Units
2
Building Details
Year Built
1910
Buildings
1
Tenancy
Multi
Listing Agency:
Mainstreet REALTORS
(812) 620-0212
Listed By:
Mary McCoskey Finkle · License #RB14026176
Source:
Adventurealty
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 30 at 1:03AM
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 Mainstreet REALTORS
Investment Insights
Based on property information with market context.
Constructed in 1910, this 4,388-square-foot mixed-use property combines residential and office components within one building. The ground floor includes a one-bedroom, one-bath apartment positioned at the rear, along with front office space and a full bathroom. A separate three-bedroom, two-bath apartment occupies the upper level.
The basement adds office rental space measuring 27 by 15.8 feet, creating another defined component within the property. The building is located at 106 S Main St in Salem, Indiana, just off the south side of Historic Salem Square.
The basement adds office rental space measuring 27 by 15.8 feet, creating another defined component within the property. The building is located at 106 S Main St in Salem, Indiana, just off the south side of Historic Salem Square.
Key Highlights
- 4,388‑square‑foot mixed‑use building constructed in 1910
- Rear ground‑floor apartment with 1 bedroom and 1 bathroom
- Upper‑level apartment with 3 bedrooms and 2 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
516
Businesses Nearby
Explore this area
Business Placement
Demographics for 47167, IN
15,683
Population
6,547
Households
2.4
Avg Household Size
42
Median Age
14%
College-Educated
88%
High-School Grad
213.0 sq mi
ZIP Area
74
Density / Sq Mi
$57,697
Median Household Income
$38,038
Median Earnings
$726
Median Rent
$161,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two apartments are combined with office areas and additional basement rental space.
Where is this mixed-use property located?
The property is located at 106 S Main St Salem, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 4,388‑square‑foot mixed‑use building constructed in 1910; Rear ground‑floor apartment with 1 bedroom and 1 bathroom; Upper‑level apartment with 3 bedrooms and 2 bathrooms
