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Family Dollar Retail Store
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308 S Main Street, Salem, IN 47167

Family Dollar retail building was constructed in 2008 and totals 9,120 SF.

Property Size9,120 SF
Days on Market119

Property Features for 308 S Main Street

General Information

Standard status Active
Size 9,120 SF
Property subtype Retail

Building Details

Year Built 2008
Tenancy Single
Listing Agency: Millman Realty Partners
Listed By: Rob Millman · License #IN RB14023230
Source: Crexi
Added: Apr 10 Changed: Jul 20 Last Checked: Jul 23 at 8:06AM

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 Millman Realty Partners

Investment Insights

Based on property information with market context.

This Family Dollar retail property is a single-tenant building constructed in 2008, totaling 9,120 square feet. The tenant recently executed a lease amendment, reflecting continued commitment to the location.

The property is located on State Road 135 (Main Street) 1.5 blocks south of the courthouse square in Salem, Indiana. It is adjacent to Goodwill and positioned across from a neighborhood retail center, supporting convenient, street-facing retail presence.

The offering provides a purpose-built retail storefront environment in a county-seat commercial area with established regional and national retailers listed nearby.

Key Highlights

  • Family Dollar retail building constructed in 2008 totaling 9,120 SF
  • Tenant is a wholly owned subsidiary of Dollar Tree (NASDAQ: DLTR)
  • Recent lease amendment executed by the tenant

Property Analytics

Current Use

Family Dollar Discount Store Welcome Tobacco & Vape (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Cafe & Coffee Shop Big Box & Wholesale Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Family Dollar retail building was constructed in 2008 and totals 9,120 SF.
Where is this retail space located?
The property is located at 308 S Main Street Salem, IN.
What are key features of this property?
This property features: Family Dollar retail building constructed in 2008 totaling 9,120 SF; Tenant is a wholly owned subsidiary of Dollar Tree (NASDAQ: DLTR); Recent lease amendment executed by the tenant
(812) 528-3028 Call to check price and availability
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