300 Church St Salem, IL 62881
- Commercial real estate
- 1,113 SF
Current Use by Public Records
- Harness Justin / Insurance Agency
Property Details for 300 Church St
- Year built
- 1972
- Property size
- 1,113 SF
- Property type
- Commercial real estate
Description
This 1,113 square foot commercial building is ideally situated just two blocks south of West Main Street in Salem, Illinois. The property offers significant potential for a variety of businesses, boasting two large office suites, a convenient kitchenette, and ample storage space. An oversized safe is included in the sale. Covered parking is available for tenants and employees, supplemented by a large, additional parking lot. Currently, a portion of the north parking lot generates a monthly income of $100 through a separate lease. This income stream represents an added benefit for the new owner. The building's versatile layout allows for customization to suit diverse business needs. The property is eligible for potential city grants and incentives, providing an attractive opportunity for entrepreneurs seeking financial assistance. This presents a unique chance to acquire a well-located commercial property with existing income potential and the possibility of further financial support. The building's central location and ample parking make it an attractive option for a wide range of commercial ventures. Serious inquiries are encouraged to explore the possibilities this property offers. The property is being sold as-is.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Illinois
- Longitude
- -88.9477
- Latitude
- 38.6256
