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Flex Space with Showroom
New
For Sale
$199,900

409 S High St, Salem, IN 47167

A block construction building combines office space, customer-facing display area, and warehouse capacity.

Property Size2,280 SF
Price / SF$87.68
Days on Market2

Property Features for 409 S High St

General Information

Standard status Active
Size 2,280 SF
Property subtype Commercial

Warehouse & Industrial

Clear Height 12 ft
Warehouse Space 1,160 SF
Dock-High Doors 1

Amenities

security system

Building Details

Construction block
Listing Agency: Lopp Real Estate Brokers
Listed By: Ward Realty Services
Source: Wardrealtyservices
Added: Oct 19 Last Checked: Oct 19 at 2:23PM

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 Lopp Real Estate Brokers

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Investment Insights

Based on property information with market context.

This 2,280-square-foot flex property in Salem is built of insulated block and arranged with office space, a restroom, a 19 x 29 showroom, and a 29 x 40 warehouse. The showroom includes a 6 x 8 storage room, while the warehouse has a separate 6 x 8 parts room and 12-foot ceilings. An 8 x 10 garage door serves the loading dock. Gas heat, central air, and an existing security system are also in place.

The metal roof received a coating one year ago. The property is at 409 S High St, near the Monon Walking Trail and a short distance from historic Salem Square and restaurants. Its previous uses include an HVAC company and a music store.

Key Highlights

  • 2,280‑square‑foot flex property with office, showroom, and warehouse areas
  • 19 x 29 showroom with 6 x 8 storage room
  • 29 x 40 warehouse with 12‑foot ceilings and a 6 x 8 parts room

Property Analytics

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Current Use

Danny's Heating & Air ... HVAC Service

Suggested Use

Top Pick Real Estate Agency Dental Office Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12 ft
Clear height
1
Dock-high doors

Location Intelligence

Trade Area within ½ mile

496
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Pig Miracle — 501 E Market St, Salem, IN 47167

Frequently Asked Questions

What type of property is this?
Flex space - A block construction building combines office space, customer-facing display area, and warehouse capacity.
Where is this flex space located?
The property is located at 409 S High St 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: 2,280‑square‑foot flex property with office, showroom, and warehouse areas; 19 x 29 showroom with 6 x 8 storage room; 29 x 40 warehouse with 12‑foot ceilings and a 6 x 8 parts room
More about this property
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