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Salem, IL Retail Properties & Spaces for Sale

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Commercial Property on Highway 50
$169,000
0.31 Acres

Commercial Property on Highway 50

1101 W MAIN Street, Salem, IL 62881

Highway-fronting commercial building with shop and office areas.

  • High‑traffic location on Hwy 50, just 1 mile from the interstate
  • Versatile shop area featuring floor drains, 3 overhead doors, loft storage, and a convenient water source
  • Office area includes a bathroom and storage space
  • Large parking area suitable for various businesses
  • Central air and electric heat for year‑round comfort
Updated: Oct 29, 2025
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Highway Frontage Restaurant Opportunity
$370,000
1.00 Acre

Highway Frontage Restaurant Opportunity

1407 W MAIN Street, Salem, IL 62881

Former restaurant with drive-through, leased through 2026.

  • Highway 50 frontage location less than a mile from Interstate 57.
  • Leased through December 2026.
  • Building has over 2500 square feet including indoor seating, kitchen, bar, and drive‑through window.
  • Parking on site with additional grass area for future expansion or storage.
  • Central Air and Natural Gas Heating.
Updated: May 23, 2025
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Turn-Key Restaurant in Downtown Salem
$195,000

Turn-Key Restaurant in Downtown Salem

Updated restaurant space ready for immediate operation in downtown Salem.

206 E MAIN Street unit: 206 & 208, Salem, IL 62881
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Downtown Salem Commercial Investment Opportunity
$92,000

Downtown Salem Commercial Investment Opportunity

Prime commercial properties in downtown Salem, Illinois, sold as-is.

122 W MAIN Street, Salem, IL 62881
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Retail/Office Building in Salem
$86,500
2,700 SF

Retail/Office Building in Salem

Retail/office building in Salem's business district with Main Street frontage.

207 E MAIN Street, Salem, IL 62881
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KFC Restaurant Investment Opportunity
$2,003,774
4,783 SF

KFC Restaurant Investment Opportunity

NNN leased KFC in Salem, IL with annual rent increases.

101 Baldridge Ln, Salem, IL
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Fully Leased Salem Retail Center
$4,242,500
27,500 SF

Fully Leased Salem Retail Center

27,500 SF retail center 100% leased in Salem, Illinois.

103 Baldridge Ln, Salem, IL 62881
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Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 7 Active listings in Salem, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

Retail Investment Opportunity
$3,818,473

Retail Investment Opportunity

Retail property with national tenants in a dense retail corridor.

1301-1309 W. Broadway, Centralia, IL 62801
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Retail Property in Mount Vernon
$808,000
1.65 Acres

Retail Property in Mount Vernon

Retail property available for sale in Mount Vernon, Illinois.

3300 Broadway St, Mount Vernon, IL
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Established Restaurant Opportunity
$2,263,500
2,070 SF

Established Restaurant Opportunity

Restaurant property with strong sales and sub-5% rent-to-sales ratio.

1077 W Broadway, Centralia, IL
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Former QSR with Drive-Thru
$485,000
3,376 SF

Former QSR with Drive-Thru

Free-standing restaurant with drive-thru and kitchen infrastructure included.

1600 Broadway St, Mount Vernon, IL
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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.

Commercial Land on Highway 37
$48,000
8.43 Acres

Commercial Land on Highway 37

8.43 acres of commercial land with highway frontage.

000 US Highway 37, Bonnie, IL 62816
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Commercial Corner Lot in New Baden
$80,000

Commercial Corner Lot in New Baden

Commercial corner lot in a growing town near I-64.

91 Weatherholt Drive, New Baden, IL 62265
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Commercial Lots in Witt, IL
Contact for pricing
0.18 Acres

Commercial Lots in Witt, IL

Cleared commercial lots ready for building in Witt, Illinois.

17 E Broadway Street, Witt, IL 62094
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Commercial Land in West Frankfort
$165,000
800 SF

Commercial Land in West Frankfort

Prime commercial location with high visibility and easy access.

401 S LOGAN Street, West Frankfort, IL 62896
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Explore Off-Market Properties in Salem, IL

Consider similar Off-Market properties in Salem, IL. 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.

612 Main St

612 Main St

Neighborhood centers • 7,000 SF
Value Estimation by Request
612 Main St, Salem, IL 62881
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103 Baldridge Ln

103 Baldridge Ln

Lifestyle centers • 27,500 SF
Value Estimation by Request
103 Baldridge Ln, Salem, IL 62881
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121-123 Main St

121-123 Main St

Retail properties & Spaces
Value Estimation by Request
121-123 Main St, Salem, IL 62881
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Salem, IL Retail Properties & Spaces Investment Opportunities Market Analysis

Explore 10 retail properties & spaces for sale in Salem, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 57,064 square feet of properties for sale, with an estimated market value of $539,000.

Sale prices for stores in Salem, IL start at $169,000, averaging $269,500, and reaching up to $370,000 — 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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