300 Mulberry St Salem, IN 47167

Property Details for 300 Mulberry St

Year built

1958

Construction

TYPE NOT SPECIFIED

Lot size

0.61 lot acres

Property size

10,246 SF

Property type

Commercial real estate

APN

88-24-17-331-113.002-022

APU

882417331113002022

Description

This expansive 10,246 square foot commercial building, situated on a 0.61-acre lot at 300 W Mulberry Street in Salem, Indiana, presents a unique investment opportunity. The property boasts a solid concrete slab foundation and offers significant potential for a variety of commercial uses. Its history is rich and varied, having previously served as a church, grocery store, and theater, demonstrating its adaptability to diverse business needs. The building currently features two full restrooms, each with two stalls, providing ample facilities for customers and employees. Furthermore, remnants of a large kitchen, previously utilized by the church, remain, suggesting potential for a food service establishment. The substantial parking area surrounding the building ensures convenient access for patrons and staff. Partial conversion work has already begun to create two apartments, offering additional income potential or the possibility of owner-occupied space. This versatile property is ideally suited for a wide range of businesses seeking a prominent location in Salem, Indiana. The building's size, ample parking, and flexible layout make it an attractive proposition for entrepreneurs and investors alike. This is a rare opportunity to acquire a substantial commercial property in a desirable location.

Location Insight

City

Salem

County

Washington

State

Indiana

Longitude

-86.1036

Latitude

38.6074

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments