Downtown Salem Mixed-Use Investment
For Sale
Contact for pricing
241 E State St, Salem, OH 44460
Mixed-use property with retail and apartment units in Salem.
Property Size7,347 SF
Price / SF$32.12
Days on Market778
Property Features for 241 E State St
General Information
Standard status
Active
Size
7,347 SF
Property subtype
Mixed Use, Multifamily, Retail
Zoning
C-3
Building Details
Year Built
1930
Listing Agency:
Platz Realty Group
(330) 518-6082
Listed By:
Theresa Morse · License #SAL.2022004714
Source:
Crexi
Added: Jul 5, 2024
Changed: Aug 21
Last Checked: Aug 14 at 5:59AM
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 Platz Realty Group
Investment Insights
Based on property information with market context.
The former Salem Trading Post is a mixed-use investment property located in downtown Salem. The building includes a full basement and three stories above ground. Front parking is available, with public parking located across the street. The first floor is currently leased as retail space. The second floor contains two rented apartment units. The third floor features a rented studio apartment. The property offers many possibilities for potential investors.
Key Highlights
- Prime downtown Salem location
- Income‑generating investment property with multiple rental units (retail and apartments)
- Four stories including a full basement
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
649
Businesses Nearby
Explore this area
Business Placement
Demographics for 44460, OH
25,393
Population
11,595
Households
2.2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
107.4 sq mi
ZIP Area
236
Density / Sq Mi
$59,882
Median Household Income
$35,912
Median Earnings
$770
Median Rent
$153,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and apartment units in Salem.
Where is this mixed-use property located?
The property is located at 241 E State St Salem, OH.
What is the asking price?
The asking price for this property is $236,000.
What are key features of this property?
This property features: Prime downtown Salem location; Income‑generating investment property with multiple rental units (retail and apartments); Four stories including a full basement
