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301 W Mulberry, Salem, IN, 47167
Historic Salem Warehouse Opportunity

301 W Mulberry Salem, IN 47167

For Sale
$199,900

Over 10,000 sq ft building with diverse potential uses.

Property Size10,000 SF
Price / SF$19.99
Days on Market1647

Property Features for 301 W Mulberry

General Information

Standard status
Active
Size
10,000 SF
Property subtype
Other

Building Details

Year Built
1951
Listing Agency: Knobstone Properties LLC
Listed By: Evan Hunt
Source: Xome
Added: Jan 19, 2022 Changed: Jul 6 Last Checked: Jul 24 at 5:18AM

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 Location Intelligence

Current Use by Public Records

Durbin's Carpet (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Dental Office Kitchen & Bath Showroom Electrical Service Cafe & Coffee Shop Big Box & Wholesale Store Plumbing Service Computer & Electronic Repair (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Streamline Storage — 205 N Main St, Salem, IN 47167

FAQs

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 W 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).
More about this property
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