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Historic Salem Warehouse Opportunity

301 W Mulberry, Salem, IN 47167

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For Sale

$199,900

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

Property size:

10,000 SF

Price / SF:

$19/SF

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).
Features two separate areas within the building.
Includes a garage door and ramp for easy loading and unloading.
Built in 1951.

We can help!

Listing Contact

Evan Hunt

For Sale

$199,900

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

Property size:

10,000 SF

Price / SF:

$19/SF

Added:: Apr 8, 2024
Days on Market:: 793
Last Refresh:: May 12 at 9:52 pm

Property Features for 301 W Mulberry

General Information

Standard status: Active
Size: 10,000 SF
Property subtype: Other

Building Details

Year Built: 1951

We can help!

Listing Contact

Evan Hunt

Listing agent Evan Hunt

Listing office Knobstone Properties LLC

Listing date Apr 8, 2024

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All listing content including descriptions, pricing, images are the copyrighted material of Knobstone Properties LLC

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).
Features two separate areas within the building.
Includes a garage door and ramp for easy loading and unloading.
Built in 1951.

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

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

Suggested Use

Similar Places Nearby

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

Location Insight

Map
Local Demand

City: Salem
County: Washington
State: Indiana
Longitude: -86.103797
Latitude: 38.607872

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For sale
Warehouses
IN
Salem
47167
301 W Mulberry

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).