1110 Mulberry St Salem, IN 47167
- Grocery and convenience stores
- 13,790 SF
- 1.69 lot acres
Current Use by Public Records
- Grocery and convenience stores
Property Details for 1110 Mulberry St
- Year built
- 1970
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 1.69 lot acres
- Property size
- 13,790 SF
- Property type
- Grocery and convenience stores
- APN
- 88-24-18-331-002.000-022
- APU
- 882418331002000022
Description
This exceptional commercial property in Salem, Indiana, presents a unique opportunity for expansion or relocation. Spanning 1.69 acres, the property boasts a substantial 14,000 square-foot building, offering significant flexibility for a variety of commercial ventures. A brand-new, 3,426 square-foot office space features six private offices, a welcoming foyer, a dedicated conference room, and ample storage. Efficient loading and unloading are facilitated by two loading docks. The property also benefits from extensive parking, accommodating over 60 vehicles or providing ample space for tractor-trailers. Security features include fencing around the parking lot and the front of the building. Recent upgrades include a new fire suppression system, a new fire alarm system, multiple new HVAC units, partial roof resealing, new commercial gutters and downspouts, a complete exterior repainting, and parking lot sealcoating (completed July 5th-9th). Utilities are provided by the City of Salem, Duke Energy, and Midwest Natural Gas. Three standards for additional parking lot lighting are in place. This property's combination of size, location, and recent improvements makes it an ideal investment for businesses seeking growth and a strategic presence in Salem.
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
- -86.1156
- Latitude
- 38.6089
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
