Historic Salem Warehouse
For Sale
$199,900
301 Mulberry, Salem, IN 47167
Over 10,000 sq ft building with diverse potential uses.
Property Size10,000 SF
Price / SF$19.99
Days on Market1697
Property Features for 301 Mulberry
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Other
Taxes and HOA fees
Annual Taxes
$2,580
Building Details
Year Built
1951
Listing Agency:
Knobstone Properties LLC
(812) 620-1966
Listed By:
Evan Hunt
(812) 620-1966
Source:
Xome
Added: Dec 18, 2021
Changed: Aug 8
Last Checked: Aug 11 at 5:48AM
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 Knobstone Properties LLC
Investment Insights
Based on property information with market context.
This over 10,000 sq ft building in Salem, Indiana, offers a piece of local history. Originally a bowling alley in the 1950s, it has since been renovated and utilized as a warehouse for various businesses. The property presents opportunities for flea market space, simple storage, or a large warehouse with two separate areas. There is potential to bring back entertainment to the space, such as a roller rink. The left side of the building features a garage door and ramp for convenient loading of larger items. Located in Salem, the building is looking for new owners to bring their needs to life. The property is currently located in a Flood Plain, and the current owner pays $6000 a year for Flood Insurance. Surveys and applications to remove it from the Flood Plain are still to be applied for, and once removed, the flood insurance coverage can be removed.
Key Highlights
- Over 10,000 sq ft building offers substantial space for various uses.
- Located in Salem with historical significance as the former Salem Bowling Alley.
- Suitable for warehouse, storage, flea market, or recreational use (roller rink).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
540
Businesses Nearby
Under-served
Demand for This Use
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 Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Streamline Storage — 205 N Main St, Salem, IN 47167
Frequently Asked Questions
What type of property is this?
Warehouse - Over 10,000 sq ft building with diverse potential uses.
Where is this warehouse located?
The property is located at 301 Mulberry Salem, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Over 10,000 sq ft building offers substantial space for various uses.; Located in Salem with historical significance as the former Salem Bowling Alley.; Suitable for warehouse, storage, flea market, or recreational use (roller rink).
