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Flex Building with Loading Dock
New
For Sale
$199,900

409 S High Street, Salem, IN 47167

COMMERCIAL, Salem, IN

Property SizeContact for details
Lot Size0.26 Acres
Days on Market2

Property Features for 409 S High Street

General Information

Property type Commercial Sale
Property subtype Retail
Parking features Off Street
Lot features City
Directions Gps friendly
Subdivision Washington County
Standard status Active
APN 88-24-20-221-004.001-022
Lot size 0.26 Acres

Taxes and HOA fees

Tax Year 2025
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

Utilities

Cooling system Central Air

Amenities

security system

Building Details

Year built 1990
Flooring type Concrete, Laminate
Roof type Metal
Listing Agency: Mainstreet Realtors
Listed By: Debbie Curtis · License #RB14032127
Added: Oct 16 Changed: Oct 17 Last Checked: Oct 17 at 2:06AM
MLS# 202643062

Copyright © 2026 Bedford Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1990, this insulated block flex building offers office space, a showroom, storage, and a warehouse. The showroom measures 19 x 29 feet and includes a 6 x 8-foot storage room. The warehouse is 29 x 40 feet, with a 12-foot ceiling and a separate 6 x 8-foot parts room. A loading dock and 8 x 10-foot garage door support loading and unloading. The building also has laminate and concrete flooring, gas heat, central air, a security system, and a metal roof coated one year ago. The 0.26-acre property includes off-street parking.

At 409 S High Street in Salem, the property is near the Monon Walking Trail, historic Salem Square, and restaurants. Its combination of office, showroom, storage, and warehouse space is suited to a range of commercial operations; the building has been used by an HVAC company and a music store.

Key Highlights

  • Warehouse measures 29 x 40 feet with a 12‑foot ceiling
  • Showroom measures 19 x 29 feet and has a 6 x 8‑foot storage room
  • Loading dock and 8 x 10‑foot garage door

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 - Office, showroom, and warehouse areas are combined in an insulated block structure with central air and gas heat.
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: Warehouse measures 29 x 40 feet with a 12‑foot ceiling; Showroom measures 19 x 29 feet and has a 6 x 8‑foot storage room; Loading dock and 8 x 10‑foot garage door
More about this property
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