1302 E Hackberry St, Salem, IN 47167
For Sale
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This exceptional investment opportunity presents a thriving second-generation business with its accompanying real estate, located at 1302 E Hackberry Street in Salem, Indiana. The property sits on a 0.65-acre lot, offering convenient access and high visibility across the street from a Walmart store. The sale includes the entire business, encompassing all assets as detailed in the corporate federal tax return, which will be provided to qualified buyers under a signed confidentiality agreement. A significant portion of the sale includes numerous CNC machines and other valuable equipment, a partial list of which is available in supplemental attachments. This presents a turnkey operation with immediate revenue potential. The current owner is prepared to offer a short-term transition period to ensure a smooth handover to the new owner. Furthermore, the business possesses the flexibility to be relocated, providing the new owner with considerable operational adaptability. The asking price for this combined real estate and business opportunity is $639,000. Serious inquiries only, and a signed confidentiality agreement is required before further details, including the complete asset list and financial information, are disclosed. This is a rare chance to acquire a well-established business with significant assets and a prime location. Don't miss this opportunity to own a profitable enterprise with substantial growth potential.
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Paynter Machine Works Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.