Leased Retail Space with Long-Term
For Sale
Contact for pricing
1106 W Mulberry ST, Salem, IN 47167
For sale retail space occupied under an extended lease through April 2035 with renewal options.
Property Size7,500 SF
Price / SF$72.96
Days on Market115
Property Features for 1106 W Mulberry ST
General Information
Standard status
Active
Size
7,500 SF
Property subtype
RETAIL
Listing Agency:
Matthews Real Estate Investment Services | Dallas
(315) 730-6228
Listed By:
Josh Bishop · License #CQ1066435,BK3554632(FL)
(315) 730-6228
Source:
Moodyscre
Added: Apr 28
Changed: Aug 15
Last Checked: Aug 15 at 9:43AM
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 Matthews Real Estate Investment Services | Dallas
Investment Insights
Based on property information with market context.
This property is a retail space offered for sale with current occupancy supported by a recently executed long-term lease extension. The tenant extended the existing lease for an additional 10 years through April 2035, along with three additional five-year renewal options that extend potential occupancy through 2050.
The property is located at 1106 W Mulberry St. It totals 7,500 square feet and is being marketed as a leased retail asset with demonstrable long-term operating commitment under the lease terms.
The property is located at 1106 W Mulberry St. It totals 7,500 square feet and is being marketed as a leased retail asset with demonstrable long-term operating commitment under the lease terms.
Key Highlights
- Tenant executed a 10‑year lease extension through April 2035
- Lease includes three additional five‑year renewal options
- Renewal options extend potential occupancy through 2050
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
227
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - For sale retail space occupied under an extended lease through April 2035 with renewal options.
Where is this retail space located?
The property is located at 1106 W Mulberry ST Salem, IN.
What is the asking price?
The asking price for this property is $547,200.
What are key features of this property?
This property features: Tenant executed a 10‑year lease extension through April 2035; Lease includes three additional five‑year renewal options; Renewal options extend potential occupancy through 2050
