Full-Service Grocery
For Sale
Contact for pricing
406 East Main Street, Salem, IL 62881
Grocery property with existing rental occupancy, available space, and approximately nine acres of surrounding ground.
Property SizeContact for details
Lot Size9.00 Acres
Days on Market10
Property Features for 406 East Main Street
General Information
Standard status
Active
Lot size
9.00 Acres
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Illiana Properties
Listed By:
John Brooks · License #475115499 IL
Source:
Crexi
Added: Jul 27
Changed: Aug 5
Last Checked: Aug 5 at 6:56AM
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 Illiana Properties
Investment Insights
Based on property information with market context.
This full-service grocery property includes the store building along with approximately 9 acres of ground. The site combines an established grocery operation with additional space that can be evaluated for future occupancy or reconfiguration.
The building also contains rental tenant space, while other areas are currently vacant. Located at 406 East Main Street in Salem, Illinois, the property offers a larger land component alongside its commercial building and existing occupancy.
The building also contains rental tenant space, while other areas are currently vacant. Located at 406 East Main Street in Salem, Illinois, the property offers a larger land component alongside its commercial building and existing occupancy.
Key Highlights
- Full‑service grocery store building
- Approximately 9 acres of ground included
- Existing rental tenants within the building
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
369
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Dining 40%
MotoMart
Shops & Services
9,905 visits/mo
0.4 miles
Hardee's
Dining
6,905 visits/mo
0.4 miles
Phillips 66
Shops & Services
2,048 visits/mo
0.3 miles
Joe's Pizza
Dining
1,567 visits/mo
0.0 miles
Napa Auto Parts
Shops & Services
526 visits/mo
0.4 miles
Demographics for 62881, IL
11,053
Population
5,032
Households
2.2
Avg Household Size
42
Median Age
18%
College-Educated
93%
High-School Grad
99.2 sq mi
ZIP Area
111
Density / Sq Mi
$69,025
Median Household Income
$42,567
Median Earnings
$750
Median Rent
$111,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Farm Fresh Salem — 406 E Main St, Salem, IL 62881
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Grocery property with existing rental occupancy, available space, and approximately nine acres of surrounding ground.
Where is this grocery and convenience store located?
The property is located at 406 East Main Street Salem, IL.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Full‑service grocery store building; Approximately 9 acres of ground included; Existing rental tenants within the building
