612 Main St Salem, IL 62881
This exceptional 7,000-square-foot retail property is located at 612 W Main St, Salem, IL, 62881, in Marion County. The single-tenant building sits on a 0.99-acre lot (43,202 square feet) and offers ample parking with 36 spaces. Its prime location on the northeast corner of W Main St and Castle Ave ensures high visibility and strong foot traffic. The property boasts a long history as a well-established retail staple in the Salem community, providing excellent brand recognition and opportunities for engaging signage. The building is ready for immediate occupancy, presenting a unique opportunity for businesses seeking a prominent location within the Salem business district. This is an ideal space for a retailer looking to establish or expand their presence in a thriving community. The property's size and location make it suitable for a variety of retail uses. The building's excellent condition and ample parking further enhance its appeal to potential tenants. This is a rare opportunity to secure a landmark retail space in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.