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Mixed-Use Building with Upstairs Apartment
For Sale
$299,000

62 Public Sq, Salem, IN 47167

Updated office space combines with a separately accessed apartment and an additional parcel supporting convenient parking.

Property Size2,958 SF
Price / SF$101.08
Days on Market97

Property Features for 62 Public Sq

General Information

Standard status Active
Size 2,958 SF
Property subtype Commercial Building

Amenities

Lot Size Acres: 0.16
Asphalt Roof, Metal Roof
Sewer Type: Municipal
Total Taxes: $2,693, Percentage of Tax that is Deductable: 0
Carpet Floor
Has Central AC: 1
Baseboard Heating, Forced Air Heating, Electric Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-05-26
Unfinished, Walkout, Area Square Footage: 1794, Bathrooms: 1
2 Stories, Built in 1870
Property Township: Salem
Above Area Square Feet: 2958
2 Full Baths, One Half Bath
Water Source: Municipal
Construction Type: Masonry - Brick
Brick Siding

Building Details

Year Built 1870
Buildings 1
Listing Agency: Brixton Realty
Listed By: Brian Helsel
Source: Doyle-realty
Added: May 26 Changed: Aug 29 Last Checked: Aug 29 at 2:10PM

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 Brixton Realty

Investment Insights

Based on property information with market context.

This mixed-use property at 62 Public Sq combines office space with an apartment on the upper floor. The office portion has been updated for contemporary use while retaining interior elements associated with the building’s original character. The upstairs residential unit has also been remodeled and is reached through its own street entrance.

Constructed in 1870, the building occupies a prominent position on the public square in Salem, Indiana. An additional parcel is included with the property and provides parking separate from the main building. The combination of office accommodation, a distinct residential component, and dedicated parking creates a flexible layout within a longstanding downtown building.

Key Highlights

  • Office space with an upstairs apartment
  • Separate street access serves the upper‑floor apartment
  • Additional parcel provides parking off the public square

Property Analytics

Current Use

Daniel L. Brown ... Law Firm Daniel L. Brown ... Law Firm

Suggested Use

Top Pick Real Estate Agency Dental Office Kitchen & Bath Showroom Electrical Service Bakery Cafe & Coffee Shop

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

516
Businesses Nearby

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Updated office space combines with a separately accessed apartment and an additional parcel supporting convenient parking.
Where is this mixed-use property located?
The property is located at 62 Public Sq Salem, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Office space with an upstairs apartment; Separate street access serves the upper‑floor apartment; Additional parcel provides parking off the public square
More about this property
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