Salem, IN Restaurants for Sale

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Pekin, IN Borden, IN Scottsburg, IN

$199,900

0.61 Acres

Commercial Building with Parking Space

300 W Mulberry Street, Salem, IN 47167

Versatile commercial building suitable for various business ventures.

Large commercial building with ample parking.
Versatile space previously used as a church, grocery store, and theater.
Potential for conversion into two apartments (work already started).
Features two full restrooms with two stalls each.
Former large kitchen space suitable for a restaurant.

Updated: Aug 3, 2023

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$550,000

Established Restaurant and Retail Business

800 N Main Street, Salem, IN 47167

Award-winning business opportunity with real estate and all assets.

Established, award‑winning Cheddar Depot business with strong daily traffic on Main St.
Sale includes real estate, all recipes, machines, and inventory for a seamless transition.
Diverse menu featuring hand‑dipped ice cream, cheese, fudge, candies, deli sandwiches, and catering services.
Known for shipping cheeses throughout the US.
High‑traffic location near schools, hospital, nursing homes, and factories.

Updated: Oct 9, 2023

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$199,000

10,246 SF

Commercial Building with Parking

Versatile commercial building with parking, suitable for various businesses.

300 W Mulberry Street, Salem, IN 47167

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$1,200,000

Regional Event Facility For Sale

First-class event facility with excellent commercial kitchen and ample parking.

1500 E Rc Morris Drive, Salem, IN 47167

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Based on your search, we've compiled 40 Potential Opportunities for your consideration. Besides 4 Active listings in Salem, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 28 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$325,000

Turnkey Restaurant Opportunity For Sale

Fully equipped restaurant with seating and additional parking.

850 & 885 Main Street NE, Palmyra, IN 47164

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$175,000

2,000 SF

Unique Palmyra Property with Updates

Updated 2000 sq ft property suitable for office or restaurant.

14285 Greene Street NE, Palmyra, IN 47164

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$49,900

Commercial Corner Location For Sale

Commercial corner lot suitable for retail or restaurant development.

273 S First Street, Pekin, IN 47165

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$74,900

Commercial Corner Lot on Highway

Commercial corner lot with high visibility and road frontage.

201 W Shorts Corner Road, Pekin, IN 47165

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$1,075,000

5.00 Acres

Prime Commercial Tract in Memphis

5-acre commercial tract with high visibility and accessibility.

13517 Blue Lick Road, Memphis, IN 47143

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$495,000

1.35 Acres

Commercial Lot in Growing Area

Vacant commercial lot in Sellersburg, great location for development.

7121 Highway 311 lot: 3, Sellersburg, IN 47172

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$395,000

1.36 Acres

Commercial Lot in Growing Area

Vacant commercial lot in fast growing Sellersburg area.

7213 Highway 311 lot: 4, Sellersburg, IN 47172

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$940,800

2.00 Acres

Prime Commercial Land For Sale

Corner lot suitable for retail, restaurants, offices, and more.

Plot E Of 11452 Highway 62, Charlestown, IN 47111

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Off-Market Properties in Salem, IN

Consider similar Off-Market properties in Salem, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

209 Main St

RESTAURANT • 8,000 SF

Value Estimation by Request

209 Main St, Salem, IN 47167-1319

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20 Public Sq

RESTAURANT • 4,864 SF

Value Estimation by Request

20 Public Sq, Salem, IN 47167-2052

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504 Main St

RESTAURANT • 1,944 SF

Value Estimation by Request

504 Main St, Salem, IN 47167-1128

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906 Hackberry St

RESTAURANT • 1,480 SF

Value Estimation by Request

906 Hackberry St, Salem, IN 47167-9600

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1317 Jackson St

RESTAURANT • 1.24 Acres

Value Estimation by Request

1317 Jackson St, Salem, IN 47167-9795

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5 Public Sq

RESTAURANT • 1,400 SF

Value Estimation by Request

5 Public Sq, Salem, IN 47167-2050

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1345 Jackson St

RESTAURANT • 6,400 SF

Value Estimation by Request

1345 Jackson St, Salem, IN 47167-9730

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2310 Quarry Rd

RESTAURANT • 5,179 SF

Value Estimation by Request

2310 Quarry Rd, Salem, IN 47167-8907

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1315 Hackberry St

RESTAURANT • 1.25 Acres

Value Estimation by Request

1315 Hackberry St, Salem, IN 47167-9604

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1009 Hackberry St

RESTAURANT • 5,000 SF

Value Estimation by Request

1009 Hackberry St, Salem, IN 47167-9601

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604 Main St

RESTAURANT • 832 SF

Value Estimation by Request

604 Main St, Salem, IN 47167-1040

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1007 Hackberry St

RESTAURANT • 4,560 SF

Value Estimation by Request

1007 Hackberry St, Salem, IN 47167-9601

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502 Main St

RESTAURANT • 0.47 Acres

Value Estimation by Request

502 Main St, Salem, IN 47167-1128

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102 Market St

RESTAURANT • 8,757 SF

Value Estimation by Request

102 Market St, Salem, IN 47167

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402 Main St

RESTAURANT • 3,756 SF

Value Estimation by Request

402 Main St, Salem, IN 47167-1324

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403 Main St

RESTAURANT • 4,800 SF

Value Estimation by Request

403 Main St, Salem, IN 47167-1350

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34 Public Sq

RESTAURANT • 12,705 SF

Value Estimation by Request

34 Public Sq, Salem, IN 47167-2054

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1115 Mulberry St

RESTAURANT • 2,700 SF

Value Estimation by Request

1115 Mulberry St, Salem, IN 47167

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1302 Mulberry St

RESTAURANT • 2,628 SF

Value Estimation by Request

1302 Mulberry St, Salem, IN 47167-9433

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603 Main St

RESTAURANT • 1.11 Acres

Value Estimation by Request

603 Main St, Salem, IN 47167-1039

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Salem, IN Restaurants Investment Opportunities Market Analysis

Explore 32 restaurants for sale in Salem, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 10,246 square feet of properties for sale, with an estimated market value of $199,000.

Sale prices for restaurant properties in Salem, IN start at $199,000, averaging $199,000, and reaching up to $199,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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6-Month New Listing Trend

Monthly new listing volume vs. 6-month average in Salem.

Top Commercial Asset Segments

Demographics Overview

Population 16K

Population Growth (5Y) +6.2%

Median Household Income $57,697

College Educated 18.6%

High-Yield Neighborhoods for Strategic Investment

Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

Neighborhood	Average Price
47167	$537.2K

Taxes & Financing

Tax Rate (average for all types) 2.65%

Property Tax per SF $46.11 per sq ft

Average Loan-to-Value 65.0%

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Salem, IN Restaurants for Sale

Commercial Building with Parking Space

Versatile commercial building suitable for various business ventures.

Established Restaurant and Retail Business

Award-winning business opportunity with real estate and all assets.

Commercial Building with Parking

Regional Event Facility For Sale

Opportunities in Nearby Cities

Turnkey Restaurant Opportunity For Sale

Unique Palmyra Property with Updates

Commercial Corner Location For Sale

Commercial Corner Lot on Highway

Potential Development Sites for Consideration

Prime Commercial Tract in Memphis

Commercial Lot in Growing Area

Commercial Lot in Growing Area

Prime Commercial Land For Sale

Off-Market Properties in Salem, IN

209 Main St

20 Public Sq

504 Main St

906 Hackberry St

1317 Jackson St

5 Public Sq

1345 Jackson St

2310 Quarry Rd

1315 Hackberry St

1009 Hackberry St

604 Main St

1007 Hackberry St

502 Main St

102 Market St

402 Main St

403 Main St

34 Public Sq

1115 Mulberry St

1302 Mulberry St

603 Main St

Salem, IN Restaurants Investment Opportunities Market Analysis

6-Month New Listing Trend

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Strategic Investment

Taxes & Financing

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