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Flex Space with Loading Dock

409 S High Street, Salem, IN 47167

For Sale
$199,900

Commercial, Salem, IN

Property Size2,280 SF
Lot Size0.26 Acres
Price / SF$87.68
Days on Market26

Property Features for 409 S High Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 8
Directions From South Main Street in Salem, turn on Old State Road 6o and then turn on the first road to the left, property on the left.
Subdivision Downtown
Standard status Active
APN 882420221004001022
Size 2,280 SF
Lot size 0.26 Acres

Additional Details

Currently Operating Yes
Mixed-Use Components office, retail, warehouse
Property Use Commercial

Taxes and HOA fees

Tax Year 4051
Tax Description 13-20-221-004.000-22 Pt Nw 20-2-4 .26ac
Tax Annual Amount 2966
Legal Description 13-20-221-004.000-22 Pt Nw 20-2-4 .26ac

Amenities

Security system

Building Details

Buildings 1
Listing Agency: Mainstreet REALTORS
Listed By: Debbie Curtis · License IN RB14032127
Added: Oct 16 Changed: Nov 8 Last Checked: Nov 10 at 5:06PM
MLS# 2026012575

Copyright © 2026 Southern Indiana REALTORS Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2,280-square-foot insulated block flex building sits on a 0.26-acre lot. The layout includes a large office with laminate flooring and a restroom, a 19-by-29-foot showroom with a 6-by-8-foot storage room, and a 29-by-40-foot warehouse with a 12-foot ceiling and a 6-by-8-foot parts room. A loading dock and 8-by-10-foot garage door support loading access. The building also has gas heat, central air, a security system, and customer parking. Its metal roof was coated 1 year ago.

The property is near the Monon Walking Trail and a short distance from Salem Square and restaurants.

Key Highlights

  • 2,280 square feet on a 0.26‑acre lot
  • Insulated block construction with office, showroom, and warehouse areas
  • Warehouse measures 29 x 40 feet with a 12‑foot ceiling and 6 x 8 parts room

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Danny's Heating & Air ... HVAC Service

Suggested Use

Top Pick Real Estate Agency Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store Dental Office 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 - Separate office, showroom, and warehouse areas provide a practical mix of work and storage space.
Where is this flex space located?
The property is located at 409 S High Street 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 feet on a 0.26‑acre lot; Insulated block construction with office, showroom, and warehouse areas; Warehouse measures 29 x 40 feet with a 12‑foot ceiling and 6 x 8 parts room
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