21 Public Salem Salem, IN 47167
- Retail properties
- 13,772 SF
- 0.17 lot acres
Current Use by Public Records
- Retail properties
Property Details for 21 Public Salem
- Year built
- 1934
- Lot size
- 0.17 lot acres
- Property size
- 13,772 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional opportunity presents the chance to acquire a thriving, multi-generational bakery in Salem, Indiana. The 13,772 square foot, two-story building, constructed in 1934 and renovated in 2020, sits on a 0.17-acre lot at 21 N Public. This owner-user investment includes all fixtures, furniture, and equipment. The sale encompasses both the Salem location and a second location in Mitchell, Indiana, offering significant expansion potential. The established business boasts a loyal customer base and renowned recipes. The existing manufacturing capacity allows for expansion into additional retail locations or diversification of revenue streams through food service or event space rentals. The asking price is $1,495,000. This is a single-tenancy property with a rich history and bright future. The property is located in Washington County, Indiana, zip code 47167. This turnkey operation offers a unique blend of established success and significant growth opportunities.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Washington
- State
- Indiana
- Longitude
- -86.1002
- Latitude
- 38.6062
