Mixed-Use Building with
For Sale
$175,000
300 W Mulberry Street, Salem, IN 47167
Commercial, Salem, IN
Property Size10,246 SF
Lot Size0.61 Acres
Price / SF$17.08
Days on Market101
Property Features for 300 W Mulberry Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
30
Directions
Hwy 56 to N Mill Street. Left on Mill St .
Standard status
Active
APN
882417331113002022
Size
10,246 SF
Lot size
0.61 Acres
Taxes and HOA fees
Tax Year
4051
Tax Description
13-17-331-113.002-00 PT LOT 18 30' X 176' WEST HALF MILL ST. VACATED
Tax Annual Amount
1416
Legal Description
13-17-331-113.002-00 PT LOT 18 30' X 176' WEST HALF MILL ST. VACATED
Building Details
Year built
1958
Listing Agency:
Mainstreet REALTORS
(812) 883-9555
Listed By:
Mary McCoskey Finkle · License #RB14026176
(812) 883-9555
Added: May 20
Changed: Aug 26
Last Checked: Aug 28 at 10:06AM
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.
Investment Insights
Based on property information with market context.
This 10,246-square-foot mixed-use commercial building sits on 0.61 acres and was constructed in 1958. The property has a concrete slab foundation, two full restrooms with two stalls each, and a former kitchen installed for church operations. Work has begun on the conversion of space into two apartments, adding a partially developed residential component to the building.
Located at 300 W Mulberry Street in Salem, Indiana, the property includes substantial on-site parking. Its prior occupancy has included a church, grocery store, and theater, providing a broad commercial-use history. The existing layout and improvements offer a combination of open commercial space, service areas, restroom facilities, and unfinished apartment space.
Located at 300 W Mulberry Street in Salem, Indiana, the property includes substantial on-site parking. Its prior occupancy has included a church, grocery store, and theater, providing a broad commercial-use history. The existing layout and improvements offer a combination of open commercial space, service areas, restroom facilities, and unfinished apartment space.
Key Highlights
- 10,246‑square‑foot building on 0.61 acres
- Concrete slab foundation; constructed in 1958
- Work started on two apartment units
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
540
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property includes restroom facilities, a former commercial kitchen, and partially completed apartment improvements.
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; Concrete slab foundation; constructed in 1958; Work started on two apartment units
