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

62 Public Square, Salem, IN 47167

COMMERCIAL, Salem, IN

Property SizeContact for details
Lot Size0.16 Acres
Days on Market47

Property Features for 62 Public Square

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Mixed Use
Rooms Basement
Parking features Off Street
Directions On Public Square in Salem West
Subdivision Washington County
Standard status Active
APN 88-24-17-334-011.000-022
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 13-17-334-011.000-22 O.P. PT LOT 4 & 13-17-334-015.000-22 O.P. PT LOT 4
Tax Annual Amount 2687
Legal Description 13-17-334-011.000-22 O.P. PT LOT 4 & 13-17-334-015.000-22 O.P. PT LOT 4

Utilities

Cooling system Central Air

Building Details

Year built 1860
Flooring type Carpet, Mixed, Concrete
Roof type Rubber, Metal
Listing Agency: Brixton Realty
Listed By: Brian Helsel · License #RB15000751
Added: Jul 27 Changed: Sep 7 Last Checked: Sep 11 at 6:06PM
MLS# 202630297

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

Investment Insights

Based on property information with market context.

Constructed in 1860, this mixed-use property includes office space on the main level and an apartment upstairs. The upper-floor residence has been remodeled and features its own street entrance, creating separation between the commercial and residential components. Interior finishes include carpet, mixed flooring, and concrete, while central air supports the building’s climate control. The structure has metal and rubber roofing and includes a basement.

The property encompasses 0.16 acres at 62 Public Square in Salem, Indiana. An additional parcel provides off-street parking near the building, adding practical support for office operations and residential use. The combination of an updated commercial interior, separate apartment access, and on-site parking creates a clear two-part configuration within a historic building.

Key Highlights

  • Office space with an upper‑floor apartment
  • Remodeled apartment has separate street access
  • 0.16‑acre property at 62 Public Square

Property Analytics

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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.

Lease Details

1
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 property combines commercial space with a remodeled upper-floor residence and separate street access.
Where is this mixed-use property located?
The property is located at 62 Public Square 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 upper‑floor apartment; Remodeled apartment has separate street access; 0.16‑acre property at 62 Public Square
More about this property
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