Historic Mixed-Use Commercial
For Sale
$250,000
106 S Main Street, Salem, IN 47167
COMMERCIAL - Salem, IN
Property Size4,388 SF
Lot Size0.05 Acres
Price / SF$56.97
Days on Market53
Property Features for 106 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
Just off of the Salem Square on the South Side
Standard status
Active
APN
0220212317
Size
4,388 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Year
4051
Tax Description
13-17-334-035.000-22 PT LOT 15 OP
Tax Annual Amount
1611
Legal Description
13-17-334-035.000-22 PT LOT 15 OP
Building Details
Year built
1910
Listing Agency:
Mainstreet REALTORS
(812) 883-9555
Listed By:
Mary McCoskey Finkle · License #RB14026176
(812) 883-9555
Added: Jun 8
Changed: Jul 26
Last Checked: Jul 30 at 6:06PM
MLS# 202608997
Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic mixed-use commercial building offers income-producing flexibility with multiple levels and separate rental areas. The main level includes an office space at the front with a full bathroom, plus a 1-bedroom, 1-bath apartment toward the rear with its own entrance from the back.
Upstairs, there is a 3-bedroom, 2-bath apartment. Additional office rental space is available in the basement, measuring 27 by 15.8.
The property is located just off the south side of the Historic Salem Square, at 106 S Main Street in Salem, Indiana.
Upstairs, there is a 3-bedroom, 2-bath apartment. Additional office rental space is available in the basement, measuring 27 by 15.8.
The property is located just off the south side of the Historic Salem Square, at 106 S Main Street in Salem, Indiana.
Key Highlights
- Historic commercial building built in 1910, located just off the south side of the Historic Salem Square.
- Main level includes a rear 1 bed/1 bath apartment with a separate entrance from the back.
- Main level front offers office space with a full bathroom.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
496
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?
Office units - Historic building with main-level office space, two apartments, and basement office rental space.
Where is this office units located?
The property is located at 106 S Main Street 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: Historic commercial building built in 1910, located just off the south side of the Historic Salem Square.; Main level includes a rear 1 bed/1 bath apartment with a separate entrance from the back.; Main level front offers office space with a full bathroom.