Listing Agency: Dermotta Real Estate LLC a***@gmail.com Show Phone

Listed By: Harry Hofmeister · License #238242 Show Phone

Source: Exprealty

Added: Oct 21 Changed: Oct 25 Last Checked: Oct 25 at 2:40AM

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Investment Insights

Based on property information with market context.

This commercial restaurant property is located at 987 W State St in Salem, Ohio. The building formerly operated as a Dairy Queen and is scheduled for an on-site auction at noon on Wed Oct. 28th.

Key Highlights

• 987 W State St, Salem, OH 44460
• On‑site auction at noon on Wed Oct. 28th; formerly a Dairy Queen

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Electrical Service Parking Lot & Garage Barber Shop (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

160

Businesses Nearby

36k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Dining 51% Shops & Services 49%

Dunkin' Donuts Dining

13,948 visits/mo 0.1 miles

Circle K Shops & Services

8,882 visits/mo 0.2 miles

Dollar General Shops & Services

7,866 visits/mo 0.1 miles

Pizza Hut Dining

4,330 visits/mo 0.5 miles

Napa Auto Parts Shops & Services

752 visits/mo 0.5 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - The Salem property is scheduled for an on-site auction at noon.

Where is this conventional restaurant located?

The property is located at 987 W State St Salem, OH.

What are key features of this property?

This property features: 987 W State St, Salem, OH 44460; On‑site auction at noon on Wed Oct. 28th; formerly a Dairy Queen