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Property profile & analytics
OFF-MARKET
Neighborhood centers

612 Main St Salem, IL 62881

7,000 SF 0.99 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Neighborhood centers
Total area 7,000 SF
Lot 0.99 ac (43,124 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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