Mulberry St Salem, IN 47167
- Commercial real estate
- 2.46 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Mulberry St
- Lot size
- 2.46 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.46-acre commercial property presents a unique investment opportunity in Salem, Indiana. Ideally situated on West State Road 56 (W. Mulberry Street), this I-1 zoned lot boasts significant daily traffic volume, enhanced by recent highway construction improvements. The property's high visibility and convenient location make it an attractive site for a wide range of businesses. The land itself is remarkably level, offering approximately 200 feet of frontage along the state highway. All city utilities are readily available, simplifying development and reducing infrastructure costs. This expansive lot provides ample space for construction, expansion, or redevelopment, catering to diverse business needs. The I-1 zoning allows for a variety of commercial uses, making it a versatile option for entrepreneurs and investors alike. This prime location, combined with its accessibility and infrastructure, positions this property for immediate success. Don't miss this chance to secure a highly visible and strategically located commercial parcel in a growing area. The asking price is $180,000.
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
- Washington
- State
- Indiana
- Longitude
- -86.1015
- Latitude
- 38.6077
