100 Washington St, Salem, IL 62881-2947

This exceptional 1,977 square foot commercial property in Salem, IL, presents a unique investment opportunity. Situated on N Washington Street, this building boasts high visibility with significant main street traffic exposure, surrounded by other established businesses. The property features a spacious, over 700 square foot retail space on the main level, ideal for a variety of uses. Recent updates include new LVP tile flooring and upgraded restroom facilities and electrical wiring throughout the entire complex. Adding to its income potential, the building includes two separate one-bedroom apartments, each with its own private entry staircase. A subdivided area within the retail space offers further income potential, complete with its own dedicated access and entry door. The property retains historical charm, featuring original tin ceiling tiles (over 7 feet above the current dropped ceiling) in the retail and office areas, offering a unique aesthetic opportunity. This is a rare chance to acquire a well-maintained, income-producing commercial property in a thriving downtown location. The property is offered at $159,500. More information and additional pictures are available via the multi-family listing EB451846.