Mixed-Use Building with Apartment
300 W Mulberry Street, Salem, IN 47167
For Sale
$175,000
Commercial, Salem, IN
Property Size10,246 SF
Lot Size0.61 Acres
Price / SF$17.08
Days on Market175
Property Features for 300 W Mulberry Street
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Listing Agency:
Mainstreet REALTORS
Listed By:
Mary McCoskey Finkle · License IN AD51424708
(812) 883-9555
Added: May 20
Changed: Nov 8
Last Checked: Nov 10 at 5:06PM
MLS# 202608494
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.
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Investment Insights
Based on property information with market context.
This 10,246-square-foot mixed-use building in Salem has a concrete slab foundation and was built in 1958. Its previous uses include a church, grocery store, and theater. The interior contains two full restrooms, each with two stalls, and a large kitchen that served the former church. Work is underway to convert part of the building into two apartments.
The property occupies 0.61 acres at 300 W Mulberry Street and includes on-site parking.
The property occupies 0.61 acres at 300 W Mulberry Street and includes on-site parking.
Key Highlights
- 10,246‑square‑foot building on 0.61 acres
- Conversion work underway for two apartments
- Two full restrooms, each with two stalls
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
540
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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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A former church, grocery store, and theater includes a large kitchen and substantial on-site parking.
Where is this mixed-use property located?
The property is located at 300 W Mulberry Street Salem, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 10,246‑square‑foot building on 0.61 acres; Conversion work underway for two apartments; Two full restrooms, each with two stalls
