Building Details

Year Built 1985

Buildings 1

Stories 1

Listing Agency: Mainstreet Realtors

Listed By: Mary McCoskey Finkle · License #AD51424708 Show Phone

Source: Castleonerealty

Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 5:14PM

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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 Mainstreet Realtors

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Investment Insights

Based on property information with market context.

This commercial land property comprises three parcels totaling almost 8.5 acres. A steel building constructed in 1985 is on site and was damaged by fire; part of the structure may be salvageable.

The property fronts State Road 56 between Salem and Scottsburg, Indiana.

Key Highlights

• Almost 8.5 acres across 3 parcels
• Frontage on State Road 56 between Salem and Scottsburg
• 1985 steel building sustained fire damage; part may be salvageable

Property Analytics

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Suggested Use

Top Pick Building Supply Furniture & Home Goods Grocery & Convenience Store Big Box & Wholesale Store Kitchen & Bath Showroom Hair Salon

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

Location Intelligence

Trade Area within ½ mile

5

Businesses Nearby

Explore this area Business Placement

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

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Frequently Asked Questions

What type of property is this?

Commercial land - The three-parcel property includes a steel building damaged by fire.

Where is this commercial land located?

The property is located at 6155 E State Road 56 Road Salem, IN.

What is the asking price?

The asking price for this property is $500,000.

What are key features of this property?

This property features: Almost 8.5 acres across 3 parcels; Frontage on State Road 56 between Salem and Scottsburg; 1985 steel building sustained fire damage; part may be salvageable